Brexit destocking adds to automotive supplier’s challenges
Automotive supplier Autins has warned that "destocking" within the sector since the original Brexit deadline of March 29 has "severely impacted" its sales in the last two months.
The company, which makes acoustic and thermal insulation products, has already endured a mixed year that has been driven by problems affecting the entire industry.
Jaguar Land Rover, Ford and Honda have all made substantial restructuring of parts of their UK operations in the last year, creating significant waves throughout the automotive supply chain.
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