Still, demand from sellers to grow through deal-making remained near record ranges, Karolis stated. But altering situations have meant an rising disconnect between what sellers are looking for and what patrons are prepared to pay. “But we’re not planning to regulate our capacity or anything. We’ll stay in the range the place we will produce between a hundred,000 and one hundred fifty,000 vehicles in our plant, and we’ve a plan for that.” That’s simpler mentioned than done, mentioned Tom Narayan, an analyst with RBC Capital Markets. Legacy automakers have turned to Magna Steyr up to now, together with Mercedes-Benz, BMW,…

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