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Auto suppliers feel 1954 squeeze across industry
A trade survey indicates automakers pressuring suppliers to cut costs while volume stability risks profits. Auto makers increasingly cost conscious. defense cancellations leave plants idle and long running supply contracts may be at risk. some makers push for in house parts and price reductions, others report continued pressure from manufacturers. Third grader Sloria Lejtart boards a bus at Lake school as the day begins.
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Sloria Lejtart