Suppliers set for more restructuring angst_3
18 July 2012
Suppliers to the UK automotive industry could be living with uncertainty for another decade as vehicle manufacturers continue their restructuring, according to an industry expert.
Professor Garel Rhys, director of the Centre for the Automotive Industry at Cardiff Business School, said the European automotive industry’s “lack of equilibrium” means vehicle manufacturers have still to decide what is in their best interests.
Rhys believes suppliers that move into supplier parks near vehicle manufacturers should be vigilant about their future...