A polycrisis is forcing car giants to confront some hard truths

A polycrisis is forcing car giants to confront some hard truths

Western car giants are battling crises on multiple fronts, with declining profits , layoffs and widespread cost-cutting measures showing their strain. From rising production costs to U.S. tariffs , intense competition , supply chain disruptions and regulatory pressures , as well as a bumpy electric vehicle transition — top original equipment manufacturers (OEMs) are caught…

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