Volkswagen, in common with many other automakers, is shuttering capacity. CEO Herbert Diess has stated that is due to a “significant deterioration in the sales situation and uncertainty regarding part supplies” as well as a need to protect workers’ health. There’s already been a decline in imports of auto parts to the U.S. and Mexico with shipments to both countries from China and Japan having fallen by 12.9% and 13.5% respectively in the three months to Jan. 31. Imports from Germany fell by a slower 8.0% rate. Panjiva’s analysis of Volkswagen’s tier 1 and tier 2 supplier network for the...
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