Why the automotive supply chain faces another tough year

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Suppliers have been dealing with one operating crisis after another since 2019, when the UAW’s strike against General Motors in the U.S. created major planning and financial ripples throughout the supply chain.

Since then, companies have dealt with the pandemic, higher prices for energy and raw materials, labor shortages, complications in logistics, factory shutdowns in China, production interruptions at subtier parts factories and market uncertainty over how quickly automakers…

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