Automakers, Tier 1 companies ask suppliers for parts payment delays as investment co
OEM > 03-27-2024, 07:50 AM
Automakers, Tier 1 companies ask suppliers for parts payment delays as investment co
<p>Some automakers and Tier 1 parts companies, on the hook for billions of dollars in EV and software-related investments, are asking their supply chains for longer payment terms or to defer payments entirely.</p>
https://www.autonews.com/suppliers/autom...osts-climb