"Automotive Industry in Crisis: German Suppliers Fear Worsening Supply Chain Disruptions A bleak outlook is emerging from the German automotive sector, with nearly a third of suppliers surveyed by the VDA industry body expecting the current supply chain disruptions to worsen. The sobering forecast comes as the industry continues to grapple with the aftermath of the global pandemic, Brexit, and ongoing trade tensions. Only a quarter of the 116 suppliers polled expressed optimism, with the majority anticipating a continued struggle to maintain production levels and meet demand. As the automotive industry faces unprecedented challenges, the concerns of these suppliers could have far-reaching implications for the sector's future stability."
Germany’s VDA industry body said the survey of 116 automotive suppliers found that nearly a third expect the situation to deteriorate, while only 25 percent expect an improvement.
