The auto industry faces a perfect storm of crises

Auto makers across Europe and the United States are dealing with several crises simultaneously. Slimmer profits, workforce reductions, and cost-cutting are spreading. At the same time, the US has started a probe into Honda over safety issues. Executives and analysts say rising costs, tariffs, strong competition, logistics problems, and tighter rules are colliding with a […] source: https://www.cryptopolitan.com/auto-industry-faces-storm-of-crises/