That means Europe's automakers face a delicate balancing act...

That means Europe's automakers face a delicate balancing act between cutting costs to fend off Chinese rivals and avoiding pushing their suppliers too far. Philip Nothard, insight director at dealer services firm Cox Automotive, says automakers may even have to step in to bailout struggling suppliers.

"The risk is if (European automakers) try and screw those suppliers down too much, they'll either push them into administration or they'll push them into seeking different markets," he said. (so much for the TLG premium they keep rattling on about over there)

https://www.reuters.com/business/autos-transportation/facing-chinese-ev-rivals-europes-automakers-squeeze-suppliers-costs-2024-02-25/

Feb 22 (Reuters) - U.S. new vehicle sales are expected to rise 1.4% in February from a year earlier, driven by robust demand and a better supply of vehicles, according to a joint report by industry consultants J.D. Power and GlobalData on Thursday.Total new vehicle sales in the United States, which include retail and non-retail transactions, are estimated to touch 1.2 million units in February, according to the report.

US new vehicle sales to slip in January - sales are choppy