How Webasto will tackle tight labor market, rising inflation

Webasto's 2021 global sales increased 12 percent to 3.7 billion euros but it reported a full-year operating loss of 146 million euros, more than double its loss from 2020. It's first time the 121-year-old German roof and technology supplier has reported back-to-back operating losses in at least the 21st century if not longer. The negative result was largely because of quality issues Webasto had with the roof system it is producing in the United States for the Ford Bronco. Webasto Chairman Holger Engelmann said that issue is solved, but now the challenge is finding and retaining people in the tight U.S. labor market. He discussed this and more with Automotive News Europe Managing Editor Douglas A. Bolduc.