Europe’s car output to plummet by millions, S&P predicts

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European carmakers could see output drop by more than 1 million vehicles per quarter starting late this year and continuing through 2023, as soaring energy costs weigh on the supply chain, according to a report. Parts shortages and supply bottlenecks are likely to weigh most heavily on automakers from November through spring of 2023, particularly […]





Source : AutoFinanceNews