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04 Sep
16:56

OEM bureaucracy impairs German automotive suppliers: ArGeZ

Germany’s automotive suppliers do not anticipate a boost for business this autumn, according to their interest group, ArGeZ, a subgroup of steel and metals fabricators association WSM. In a statement issued this week, the group addresses some burdens that have aggravated its members. The current sentiment is not a consequence of shock effects like the Covid pandemic or the Russian invasion of Ukraine, but reflects a structural crisis in Germany as an industr…
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