Suppliers

BMW CEO Oliver Zipse last month said crossover production will come to Mexico, without revealing specific plans.

The French supplier group is weighing the sale of its emissions-control unit and Hella’s special applications division, Bloomberg reported.

The German supplier has been hit hard by the war in Ukraine with sales falling nearly 7 percent in the first quarter.

Prices surged for key raw materials such as lithium, nickel and cobalt in the past 18 months. The pandemic, the war in Ukraine and a lack of investment all had an effect, the International Energy Agency said.