Sunday, August 14, 2022

Auto suppliers are asking for contract relief

Parts shortages and heightened commodity prices are putting the squeeze on Tier 2 and Tier 3 suppliers, often forcing them to go to their Tier 1 customers to renegotiate pricing or ask for a cash infusion — or else risk going out of business entirely.



from Section Page News - Automotive News https://ift.tt/pAqLRUs

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