US Automotive Industry at Risk

Threats from China, stalling vehicle sales, slower than expected electric vehicle adoption, inadequate lobbying, wasteful product development practices and aggressive regulatory pressures are all adding up to one thing—the U.S. automotive industry at risk.

The GLC is an annual, invitation-only, meeting held at the Greenbriar Resort in White Sulphur Springs, West Virginia where top industry executives gather to discuss “thought provoking and challenging” topics, according to top organizer Renee’ Bovair, executive director, SAE Detroit section, in an interview. “The bottom line is that the U.S. automotive industry is at risk,” the paper stated. “Our manufacturing capacity and industrial workforce is withering away. On its current path the automotive industry will end the decade as a much smaller and weaker economic engine than it is now.” Indeed, the paper asserts those challenges are not just placing the U.S. auto industry at risk, but the industry is at a “breaking point.” “We really wanted to not just focus on here's a laundry list of everything that's wrong, everything that's haywire, but rather, how can we bring this into a set of recommendations, or at least somewhat of a path forward that the industry can take to try to resolve some of these enormous challenges,” said JP Flaharty, executive program manager atAt the top of the list of concerns are stringent federal fuel efficiency standards set to take effect in 2027 accelerating production and marketing of battery electric vehicles.“So far, the public is not purchasing these vehicles in the numbers required to satisfy those requirements. In fact, a significant part of the public wants no part of them,” the paper state

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