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parts suppliers

Soaring commodity costs signal price increases for vehicle parts

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

How the magnesium shortage could affect the auto industry

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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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