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Car production could come to a complete halt amid energy crisis

Posted On: Oct. 17, 2022 9:44 AM CST

Supply chain risk

Soaring energy prices and looming energy shortage in Germany this winter could affect thousands of small auto parts suppliers which could in turn force German carmakers to suspend their production, The Irish Independent reported. German carmakers, including BMW AG, Volkswagen AG and Mercedes-Benz Group AG, have prepared their energy backups, but the energy crisis and resulting supply chain disruptions could be a major setback for these carmakers.