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Apr 20

Europe’s Automakers Scramble to Replace Ukrainian Auto Parts

Carmakers including Volkswagen and BMW are scrambling to find alternative sources of vital parts made in Ukraine from as far afield as China and Mexico, as Russia’s invasion halts assembly lines and breaks complex supply chains.

The hunt for new supplies is the latest challenge for an auto industry already reeling from soaring metal and energy prices, supply chains snarled by the pandemic, and a shortage of semiconductor chips. …

Source: Reuters

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