Grupo Antolin expects strong profits despite chip crisis, increasing price pressure

The drive toward zero emissions is challenging suppliers to reduce the weight of every component because lighter cars are more energy efficient, and in the case of electric cars less weight improves range. Spain's Grupo Antolin is working to keep pace with this trend while protecting its bottom line despite tougher cost-cutting demands from automakers, rising raw materials prices and the shortage of semiconductors. CEO Jesus Pascual outlined Grupo Antolin's strategy in an interview with Automotive News Europe Correspondent Andrea Malan.