Environment Tops Cost as Top Auto Industry Challenge
A new survey conducted by DuPont and the Society of the Automotive Industry (SAE) shows that environmental issues top the list of challenges facing the automotive industry, outranking cost reduction for the first time in 14 years.
A total of 53 percent of the respondents said that a basket of environmental factors such as fuel economy, Corporate Average Fuel Economy and emissions or clean air regulations are the top challenges versus 32 percent who cited cost. The survey, was conducted among automotive designers and engineers in advance of the upcoming SAE World Congress in Detroit.
“While cost reduction remains very important, the automotive industry’s emphasis is on the environment and the demands that puts on innovation,” said Chris Murphy, director – Americas, for DuPont Automotive. “In the results, environmental considerations are driving system and vehicle design and development and are a differentiator in the consumer marketplace. Automotive designers and engineers are working with suppliers like DuPont to address these issues and to design and develop cost-effective, fuel-efficient vehicles with reduced environmental impact.”
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