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Carmakers squeezed as profits plunge 55%, China bucks the trend

Nuying Huang, Taipei; Elaine Chen, DIGITIMES Asia 0

Credit: DIGITIMES

As the global automotive sector accelerates its transition toward electronic and electrical (E/E) architectures, a silent profit crisis is taking hold. According to a new report from Ernst & Young (EY), the world's top 19 automakers saw their total...

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