Dhe chairwoman of the group works council at the automotive supplier Continental, Hasan Allak, accuses the German car companies of significantly exacerbating the problems in the industry through their behavior in the Corona crisis. “The car companies are currently losing their sales and thus their returns,” Allak said on Friday in an interview with the FAZ. “And where do you get that back, among other things? Quite a lot when it comes to purchasing, i.e. from the suppliers. “
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Because of this price pressure, the crisis is worsening among suppliers who are already under pressure from the transformation of the automotive industry. He feared “a downward spiral, especially among small and medium-sized suppliers, which will be difficult to stop,” said Allak.
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