DETROIT – With the U.S. automotive supply base imploding and previously healthy companies in bankruptcy, an auto analyst predicts European parts makers will be the next to suffer in the face of a changing global marketplace. “I think they’re five years behind the U.S.,” but troubles lie ahead for European producers, Steve D’Arcy, partner-Pricewaterhouse Coopers Global Automotive Practice, says here at a PwC backgrounder on the European parts industry. “Volkswagen (AG), Renault (SA), ...
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