Please read the attached WSJ article and answer the following questions
1) In general, why has 2021 been a good year for the automotive industry? Despite all the supply shortages, why are auto makers able to make money?
2) Why are parts suppliers suffering in a year of solid profits for car makers and dealers? Why does a rising tide not lift all boats? Why is it that auto makers are thriving and parts suppliers are suffering, not the other way around?
3) What can parts suppliers do to improve their position? What kinds of new contracts should they negotiate? What other strategic initiatives might help them?
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