Suppliers

Suppliers face more cost pressure as industry shifts to EVs, self-driving cars

Monitors display Veoneer’s name during the former Autoliv unit’s first day of trading on the New York Stock Exchange last July. More spinoffs of suppliers’ assets are expected in the years to come.   (Bloomberg)
January 03, 2019 03:51 PM

Europe’s largest automotive suppliers are likely to see a stable market in 2019, but many are looking farther ahead to prepare for a vastly more complicated future. Taken together, those two considerations are likely to complicate their profit picture, analysts said.

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