(IN BRIEF) The global automotive supplier industry faces tough conditions, with stagnant production volumes, geopolitical uncertainty, and increasing competition putting pressure on profitability. The 2024 forecasted EBIT margin of 4.7% marks a further decline from 2023 levels, with Chinese suppliers … Read the full press release →
Posted in Automotive, Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged automotive manufacturing, automotive suppliers, electric vehicles, EV adoption, geopolitical uncertainty, Lazard, market trends, mergers and acquisitions, profitability, rolling berge, software-defined vehicles, strategic technologies, supply chain
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