European politicians and car components makers are worried about developments in the automotive industry and agreed to establish an action plan to save jobs and businesses. This dialogue is a critical step in addressing key challenges for the sector's immediate future, CLEPA said in a statement. “Suppliers announced the loss of 54,000 jobs in 2024. More … [Read more...]
Parts makers seeking better world deal
Vehicle parts makers in the US and Europe want open trading policies without import penalties and which reflect the global nature of the industry. The American-based Motor & Equipment Manufacturers Association and the European Association of Automotive Suppliers want free and fair trade, access to raw and finished materials, and harmonized safety and … [Read more...]
