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Soaring commodity costs signal price increases for vehicle parts

Over the past two years, commodity costs have spiked between 200 and 300%, and parts suppliers are feeling the heat. Bosch announced during their...

How the magnesium shortage could affect the auto industry

While the semiconductor chip shortage remains the most discussed deficit affecting the auto industry, the low magnesium supply is increasingly becoming a concern as well. China’s energy crisis has caused a significant increase in energy costs as well as the need for many manufacturing plants to shut down or slow production in order to meet […]
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