Author: Nikita
-
Russia-Ukraine tension to delay return to normalcy in global auto industry: WSA
The recovery of the global auto industry in CY’21 was disappointing as supply chain bottlenecks reversed the strong momentum seen in H1CY’21. The global auto production posted a marginal growth and supply chain issues led to hike in prices. The supply constraints were expected to dissipate in H2CY’22. However, the war between Russia and Ukraine…