Russia’s War Is Intensifying The Auto Industry’s Supply Worries

Russia’s war on Ukraine is dealing a fresh blow to a global auto industry that is now fearful its production capabilities will fail to meet a demand by an even worse margin than supply chain challenges were posing prior to March. Compounding the existing supply chain woes, pre-invasion, Vladimir Putin’s war on Ukraine means no more precious palladium from Russia, which could end up being the biggest supply chain problem the auto industry has faced yet. It also means difficult securing components sourced from Ukraine, Reuters reports,…