Low-wage firms seen threat to N.American auto parts


(In U.S. dollars) By Amran Abocar TORONTO, March 31 (Reuters) - North American auto-parts suppliers, already under pressure from car makers keen on lowering costs, face a growing challenge from China and other low-wage countries, a report released on Wednesday said. Scotiabank's Canadian Auto Report said the increased competition from low-cost countries seen in recent years will only heighten in the years to come. Carlos Gomes, Scotiabank's auto industry specialist, said North ...

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