Parts makers in Portugal have increased exports for the ninth consecutive month. Despite ongoing supply chain pressures in Europe, the value of parts exported rose to €992m in January
The top five export markets were Spain, Germany, France, Slovakia and the US, representing more than 70% of the total automotive parts exported (see table). Though, there was an 18.4% drop in exports to the US at the beginning of 2023
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JLR has signed a contract with parts supplier Evtec Aluminium worth $67m for the supply of EV powertrain parts
The plant in Silao, Mexico will increase production up to 8.5m pieces with the investment, announced after ten years of manufacture at the site.
Trumpf has moved 49 pieces of laser-cutting machinery and associated parts to the US by chartering its own vessel between Hamburg and New York
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