In this global competition keynote, Volkswagen CEO Jonathan Browning addresses the issues the American economy needs to solve immediately. The country has been a magnet for foreign investment for the last century, but its leaders are beginning to take that for granted. It is no longer competing with itself or pushing itself to become more innovative.
China has surpassed the US to become the largest vehicle market, and in three years, it is estimated to be larger than that of the US, Japan and Germany combined. In order for the United States to regain its competitiveness and investment appeal, it needs to get "its house in order" -- both politically and economically. Its current political and economic state decreases the overall appeal of the country as a business partner.
This global competition keynote illustrates the inevitable connection between a country's stability and its international performance in the marketplace.