Is it the end of days for the global automotive supply chain?
Protectionism is all the rage these days, writes John Manners-Bell in this op-ed for Automotive ...
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With labour and production costs on the increase in China, and fuel bills also continuing to rise, there has been much talk of manufacturing returning to the West, particularly in the United States. However, this article argues that most of that talk relies on anecdotes and wish-believe, whereas the facts are that more manufacturing is leaving the US than returning. A reality check for those who think that global trade flows are in reverse.
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