According to a new study released by corporate-advisory firm AlixPartners, no less than 38% of all auto suppliers in North America are in "fiscal danger”, meaning that they could face insolvency within 24 months or less unless they take urgent counteractive measures. It also claimed that 24% of all suppliers globally face the same danger. That would be in addition to the $60 billion in major supplier bankruptcies in the US alone since 2001.

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