Global auto parts suppliers have entered a bruising pricing battle with carmakers as they seek to survive prohibitive tariffs that could wipe out thousands of smaller players from the $1tn industry.
The clash comes as car manufacturers are also holding crunch talks with Donald Trump to dissuade him from pushing ahead with 25 per cent tariffs on the majority of imported car parts from May 3.
The US president signalled on Monday that there would be “help” for the industry but details remain unclear on how the parts tariffs will be implemented.
您已阅读12%（546字），剩余88%（4045字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。