Corporate vehicle provision for fleets of 5 plus
Parts suppliers wary of carmakers
Financial Times August 17, 2008Motor parts makers are becoming more cautious in their dealings with General Motors, Ford Motor Company and Chrysler, fearing they could be hit by the carmakers’ financial struggles.
Suppliers have resorted to various ways to protect themselves including taking out credit insurance and are becoming more selective about what they supply.
Michael Robinet, a vice-president at CSM Worldwide, a US-based consultancy, said: “Volume for volume’s sake is not what it used to be.”
In the news this week...
- R2RC calls for Block Exemption renewalAM online
- Five years in prison for careless drivers who killNational Newspapers
- Parts suppliers wary of carmakersFinancial Times
- Uninsured drivers get lower fines but are killing more people than everThe Times
- LPG cars are ‘hot property’Car Dealer Magazine
- Oleg Deripaska denies Hummer talks with GMMotortrader
Fleet-i Login
