Foreign Exchange: Challenges & Opportunities for Global Automotive Companies

GlobalAutoIndustry.com’s latest Audio Interview “Foreign Exchange: Challenges & Opportunities for Global Automotive Companies” features Jim Kessler, Vice President, Global Treasury Solutions with Corpay.  With over 20 years of experience in foreign exchange risk management, Jim Kessler has been instrumental in developing cutting-edge FX risk management programs for both SMEs and Fortune 500 companies, including Sealed Air, Bobcat, and CommScope. His expertise extends to fintech entrepreneurship, where he has created FX risk management software solutions tailored for global enterprises. Jim started the Global Treasury Solutions group at Corpay which has evolved into a robust suite of treasury solutions:

In the 10-minute Audio Interview, Mr. Kessler discusses these questions:

• Jim, could you share some background on Corpay Cross-Border, as well as your own professional background and your current role within the company?
• Why is FX risk management important for global auto manufacturers and suppliers?
• What types of FX exposures are most common in the auto industry?
• What FX hedging instruments are commonly used by the automotive industry?
• What tools and technologies are available for real-time monitoring and forecasting of FX exposure across a global automotive supply chain?
• How can a centralized FX risk management platform benefit a global auto company?