Study: Europe's Automotive Subcontracting Industry Under Strong Pressure

logistik-heute.de

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Automotive logistics, suppliers: (dpa) Chinese suppliers quickly close up and put German companies in distress with batteries and software. What experts in the industry now recommend.

der Standard DE

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Chinese suppliers are pushing the market, while European suppliers are losing importance.

vienna.at

suedtirolnews.it

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The crisis in the European automotive industry is inevitably also affecting Austria's vital supplier industry. A study published on Monday by the management consultancy PwC Strategy& shows that the market isn't growing significantly, but more and more suppliers, especially from China, want to participate. According to the study, the global market share of European suppliers reached a historic low of 13 percent in 2024, while China's share climbe…