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17 Apr
16:48

German automotive suppliers fear further relocation

Germany’s automotive supply industries in 2022 generated revenue of €244 billion ($266 billion), an increase of 15% over the preceding year, says the working group of suppliers, Arbeitsgemeinschaft Zulieferindustrie (ArGeZ). The working group consists of eight industry federations, including those of technical textiles, nonferrous metals, and WSM, the association of steel and metals fabricators. WSM’s managing director, Christian Vietmeyer, is als…
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