Saturday, December 21, 2024

Mercedes' top supplier survived Napoleon, the Great Depression & two world wars. But not the current auto slump

Europe's auto slump is crippling small manufacturers in the automotive supply chain. Gerhardi Kunststofftechnik GmbH, a long-time Mercedes supplier, filed for bankruptcy, highlighting the widespread impact. Thousands of job cuts have been announced as carmakers slash production amid weak sales and the challenging transition to electric vehicles. High energy prices and reduced government subsidies further exacerbate the crisis.

from Auto-Industry-Economic Times https://ift.tt/lo2g48d

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OnePlus 12 Price Drops on Amazon Ahead of OnePlus 13 Launch in India Next Month

OnePlus 13 is scheduled to launch in India and the global markets next month. Ahead of its anticipated debut, the Chinese company’s current ...