Suppliers Legacy

Another rough year may be ahead for auto suppliers

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A host of regional challenges, most notably the war in Ukraine, created further global supply chain uncertainty. Pictured is Leoni's wire harness production line in Ukraine that continued to operate during the Russian invasion last year.
January 25, 2023 03:31 PM

It's already shaping up to be another bumpy year for parts suppliers as they get the financial squeeze from inflation and rising interest rates while navigating uncertainty in the economy and the new-vehicle market.

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