Europe's parts' makers are bracing for a turbulent year ahead, as the latest industry survey reveals 42% of suppliers think they won’t be profitable in 2025. New insights from CLEPA and McKinsey’s bi-annual survey, with input from 120 companies, shed light on the industry’s business climate, key trends, and pressing challenges: A deepening sense of … [Read more...]
EU car makers holding breath over China duties
Car makers are closely watching developments after the EC decided to impose provisional duties on imports of electric cars manufactured in China, based on initial findings of an anti-subsidy investigation initiated last year. ACEA has consistently affirmed that free and fair trade is essential in creating a globally competitive European automotive … [Read more...]
