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Dykema Releases 2023 Automotive Trends Report, Features MichAuto’s Glenn Stevens

February 7, 2023

What’s next for the automotive and mobility industry? Glenn Stevens Jr., Executive Director of MichAuto and Vice President of Automotive and Mobility Initiatives at the Detroit Regional Chamber, shares his thoughts in Dykema’s recently released 2023 Automotive Trends report.

Glenn Stevens Jr. Headshot

“Digitalization and sustainability are driving vehicle, infrastructure, connectivity, and security changes and breakthroughs like nothing we have ever witnessed in our transportation industry,” says Stevens. “There are challenges to overcome as these transformations play out, and there are incredible opportunities for stakeholders and participants in the mobility industry.”

2023 Dykema Automotive Trends ReportDykema’s 2023 Automotive Trends report identifies the upcoming key legal issues that will have the greatest impacts on the automotive and mobility industry like supply chain, antitrust, financial distress, risk and litigation, government regulation, labor and employment, cybersecurity, ESG (environment, social, and governance), intellectual property, electric vehicles, and autonomous vehicles.

Original equipment manufacturers, suppliers, decision-makers, senior executives, and other thought leaders across the auto space were polled to gather insights on the dynamic industry.

Key takeaways from the report include:

  • In 2023, those polled believe there will be an industry-wide focus on legal benefits and risks of new electric and autonomous vehicle technologies.
  • Autonomous vehicle technology is expected to garner legislative attention, focusing more on safety and risk-minimization regulations rather than incentives. Additionally, the primary risk concerns for the auto industry in 2023 include lawsuits dealing with electric and autonomous vehicle technologies.
  • Potential roadblocks ahead for the industry include broader antitrust oversight of investments in the new EV and AV technologies, dynamic changes in rules for noncompete agreements and overtime compensation, and new pressures to self-monitor compliance with ESG initiatives.
  • Supply chain woes remain top-of-mind for survey respondents.
  • The report’s findings indicate a continued shortage of skilled workers will remain a challenge for the industry.