The Original Equipment Suppliers Association (OESA), an American supplier body, reckons uncertainty will continue to provide a backdrop to the US automotive industry despite a far healthier landscape compared to recent turbulent times.
Addressing delegates at the Automotive News World Congress in Detroit, OESA president and CEO, Neil De Koker, said a return to normalcy would be accompanied by caution driven by uncertainty.
“It seems that will be the new normal for some time,” he said. “[However] We can confidently claim the supplier industry is coming back strong. According to new research, the motor vehicle supply industry has direct employment of 700,000. We are a significant engine to the US economy.
“OESA members will continue to speak out about the industry to leaders in Washington DC. Political uncertainty is a definite risk but together we, OEMs and dealers can present a common voice highlighting our individual significance.”
Based in Troy, north of Detroit, OESA has 435 members with global sales of over US$300bn.