Afternoon Coffee: 2015 Sets New Record for Car Recalls, Tech Advances Changing Auto Supply Chain

Car recalls hit a record high in 2015 with more than 51 million vehicles being recalled, according to the National Highway Traffic Safety Administration. The high number of recalls was largely due to the Takata airbag recall.

New car technology is reshaping the auto supply chain. The Wall Street Journal reported traditional auto part manufacturers are “scrambling to adapt” and automakers are investing in new areas to be able to offer advanced technology and features in their cars.

Uber is launching its UberEats service today in 10 cities including Denver, Seattle and Dallas. The service is similar to GrubHub, and allows customers to place food orders with restaurants and an Uber driver will deliver the meal.

Global risk managers cited terrorism as their top concern, according to a new survey from Clements Worldwide. Terrorism, along with political unrest, business interruption and supply chain disruption have led 27% of global companies to delay or cancel investment and expansion plans, the survey showed.


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