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After recovering from the devastating depression that hit automakers in 2008, manufacturers and suppliers can now confidently say they are in an up cycle.
Distress and crises are now less frequent, however there may be an unrealistic sense of security that could leave manufacturers and suppliers alike unprepared to face ongoing challenges throughout the automotive supply chain. In order to maintain increasing margins and gain competitive advantage in the marketplace, manufacturers and suppliers must navigate the new wave of financial, operational, and strategic challenges that can potentially disrupt a profitable cycle and contribute to margin erosion.
