The Russia-Ukraine war could shave off up to 15 percent of European car production in the first half of this year, predicts a Wells Fargo analyst, leading to a contraction in availability of new vehicles. Ukraine is a major supplier of wire harnesses, which are usually one of the first components to be installed in…
Ukraine War Could Cut Down European Car Output by 15 Percent: Wells Fargo Analyst
March 15, 2022
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