The German car industry could grind to a halt over energy costs faced by component suppliers. The major motor manufacturers have taken steps to fix their energy costs but further down the supply chain the smaller parts makers are said to be struggling and facing cost increases they cannot manage so want to renegotiate terms with their customers or cease … [Read more...]
Tradelines 17 February
The implementation of border controls between the German and the Czech and Austrian border crossings risk disturbances in automotive industry production plants soon. Sigrid de Vries, CLEPA Secretary General highlights, “Europe’s automotive suppliers are concerned about recent announcements on border closures and intensified inspections. These measures … [Read more...]
