Hazard warning
13 September 2012
An exclusive Supply Management survey of top UK automotive suppliers has shown an industry under pressure from assemblers’ cost-cutting needs. Penny David assesses the market mood
It had to happen at some point. The motor components industry is suffering a sea change in structure, culture and strategy. The pressure of overcapacity in an increasingly global car industry is threatening to reverse years of hard work between assemblers and suppliers to build trust and vision into their relationships. This change is rapid and fundamental, and is...