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Play nicely – OEM pressure on suppliers could be cutting profits on both sides

For OEMs and suppliers, collaboration, rather than competition, is the key to keeping profits on the rise

A new report by independent credit risk research firm Standard & Poor’s (S&P) shows that greater collaboration – rather than cost competition – would be mutually beneficial for both OEMs and their suppliers.

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https://www.automotiveworld.com/articles/play-nicely-oem-pressure-suppliers-cutting-profits-sides/

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