Vantaggi
Overall good work life balance. My organization just went through a management restructure and I think it is for the best. Management is decent about flexing time (i.e., I traveled over the weekend, so here's a day or two you can take off without burning a PTO day). Feels start-uppy in some ways, but there are still remnants of the automotive industry of a bygone era. You will learn a lot if you apply yourself.
Svantaggi
Very small organizational budget for training means it's infrequent. I find that shortsighted. Lots of growth in recent years (good) but the process infrastructure hasn't caught up (bad) Travel for supporting engineering activities seems to be sporadic and it could and should be used more to build better relationships with demanding OEM customers. Benefits leave something to be desired. No annual bonus program. Lots of people are just there to clock in their 40 hours. If some project or activity is going to extend beyond 5PM, you can count on being the only one there to support it.