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


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