BorgWarner CEO Says U.S. Auto Market Has Hit a Plateau

The video discusses the current state and future projections of the global auto industry, focusing on Borgwarner's position. It highlights the plateau in the North American market and growth in China and Europe. The company is adapting to electrification trends, with a significant portion of its business still in combustion engines. Revenue projections align with market trends, anticipating a rise in hybrid and electric vehicles. The impact of gas prices and regulatory standards on vehicle technology is also explored.

What factors are influencing the adoption of hybrid vehicles in the United States?

How are regulatory standards affecting the automotive industry according to the text?