Combustion-Centric Suppliers Are Whistling Past the Graveyard
What should auto industry suppliers that remain dependent on combustion technology do now?
Source: designnews.com
Page 2 - Michael Robinet News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Michael Robinet. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Michael Robinet Today - Breaking & Trending Today
The Porsche Macan and Cayenne Cannot Be Stopped
The German automaker just finished a record first quarter and Big Three suppliers are gearing up for a possible UAW strike, all in today's Morning Shift.
Source: jalopnik.com
Suppliers are more vulnerable to a UAW strike now than in 2019
New UAW President Shawn Fain has vowed a more aggressive approach to labor negotiations with the Detroit 3 automakers later this year, raising the prospects of a work stoppage if talks reach an impasse. For many parts companies, that's likely to bring up painful memories of how hard the union's…
Source: crainsdetroit.com
Audi Could Build New Factory In Ontario, Close To VW Battery Site
Audi has previously stated it is interested in a new factory, suggesting the U.S. as a possibility
Source: carscoops.com
Why the automotive supply chain faces another tough year
According to a PwC analysis, 42 percent of suppliers reported some level of financial distress in the first half of 2022, up from 27 percent in 2021. That figure nearly matches the 45 percent of suppliers who reported financial distress in 2020 when the first wave of the COVID-19 pandemic shut down auto manufacturing.
Source: plasticsnews.com