Italy's Sapa Acquires Megatech: A Major Move in Auto Suppliers' Consolidation
3 months ago
In a significant development within the automotive supplier sector, Italian company Sapa has announced the acquisition of Megatech, further signaling a trend of consolidation in the industry. This strategic move comes as companies across Europe are seeking to strengthen their market positions amid a challenging economic landscape and evolving automotive demands.
Continue reading
Mexico Proposes Task Force to Limit Chinese Auto Part Imports
5 months ago
In a significant move to bolster its automotive industry, Mexico has initiated a proposal for a dedicated task force aimed at curtailing the influx of auto parts imported from China. This decision comes against the backdrop of increasing concerns regarding the dependency on Chinese imports, which have transformed the dynamics of the automobile supply chain in recent years.
Continue reading