AUTOMOTIVE INDUSTRY TURKEY

Plastics use in vehicles seen down 15% in 2020 / Automobile production forecast 14% lower / Pandemic said to have cost domestic car parts industry at least USD 5 bn

AUTOMOTIVE INDUSTRY

Associations call on EU commission for bold post-crisis recovery plan / Suppliers face falling revenues and rising debt across Europe due to Covid-19

AUTOMOTIVE INDUSTRY

Supply chains remain unreliable / Volatile demand affecting production more than usual / Suppliers expect at least 20-30% lower sales for the year / Losses inevitable