Automakers fear parts shortage amid conflict

Published by
The Bangkok Post

The Russia-Ukraine war is threatening to cause a shortage of auto parts for European automakers, which will affect global supply chains and car assembly in Thailand, says the Thai Automotive Industry Association (TAIA). European car companies usually order auto parts made in Russia and Ukraine, but the conflict between the two countries, with sanctions imposed on Russia by the US and its allies, is causing widespread disruptions. “We are worried automakers in Europe will face auto parts scarcity,” said Suwat Supakarndechakul, president of TAIA. He was speaking at the 12-day Bangkok Internation…

Read More