UK News: Auto supplier Vitsco plans shorter supply chains

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The car supplier VITESCO wants to regulate its supply chains more strongly in view of the lack of important components. According to CEO Andreas Wolf, the drive specialist is in conversation with the customers about how the delivery networks can be made more robust - even if it costs more money. "Specifically, we talk to customers about the preliminary products from China and ask: What would it cost if you had this pre -production in Europe or the USA?» said Wolf said in an interview with the financial news agency dpa-AfX.

Der Autozulieferer will angesichts des Mangels an wichtigen Bauteilen seine Lieferketten stärker regionalisieren. © Armin Weigel/dpa The car supplier wants to regulate its supply chains more strongly in view of the lack of important components.

Germany has a cost disadvantage when looking at the components compared to other countries and regions. "But I think that you have to add costs that you have never really taken into account before - for example, interrupted supply chains and disorders of your own production," said Wolf. "The safety of the supply chain is a very important lever for us."

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The former Continental subsidiary suffers like the entire industry from missing components. The order books are full, but still could not be processed sufficiently. "In the future, I assume that supply chains will be more regionalized," said the head of the Regensburg SDAX group.

Follow the electrification

Many employees in Germany are affected by renovation measures by electrification. Turbochargers or high -pressure pumps for injection systems no longer have long -term growth opportunities. "Appropriate locations are driven down or closed," said Wolf. Other products are technologically demanding, benefited from the proximity to development and are also not very wage -intensive. "We plan this step in Nuremberg."

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Vitsco is reducing up to two thirds of the jobs on its Nuremberg plant - a good 800 out of 1160 jobs fall away. "We cannot change the framework conditions such as wage or energy costs," said Wolf. Vitsco attempts to take all engineers with them. Conversion in the area of ​​electronics is relatively simple. A good 1,000 employees have already been further qualified.

"But there are also locations, such as in Korea, which will be completely filled with products for electrification in the future, even though they still manufacture combustion components today," said Wolf. "We will even hire employees there," said the manager. How many employees will actually be affected by the conversion is difficult to predict. Last year, Vitesco generated sales of 8.3 billion euros at 50 locations at 50 locations.

currently receives around 80 percent of the orders for electric car parts at VITESCO - that will stay that way, said Wolf. In sales, however, the electrical parts are still only available for around 10 percent of the business. In 2024 or 2025 it is said to be around a third, and the proportion is expected to attract over 70 percent by 2030.

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