PARIS – French suppliers are suffering mightily from the 7% drop in domestic vehicle production, the latest data show. Although figures monitored by the French supplier organization FIEV indicate exports out of France and aftermarket sales have improved, the fall in domestic volume means supply industry revenues will be down 3%-4% by the end of the year. Dropping volume coincides with a tendency to re-source parts from low-cost countries, and the result has been a precipitous drop in ...
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