As the industry is concerned about the shortage of key metals, car prices may rise again

2021-12-16 07:56:56 By : Ms. Cherry Liu

For the past week and a half, Todd Olson has been running his Minnesota auto parts company in hotel rooms in Austria and Germany.

He is determined to solve the crisis he thinks is about to happen.

As the CEO of Twin City Die Castings Inc. in Minneapolis, Olsen is knocking on the door of European suppliers of recycled magnesium. He hopes that if they see his white eyes, they will be more necessary to ensure that his company gets the magnesium needed to make auto parts.