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Automotive Industry
Industry: Email Alert RSS FeedSupplier failure hurts Land Rover.
Automotive News Europe, February, 2002 by Rechtin, Mark
Reliance on a single supplier is creating problems for Land Rover's Discovery sport-utility.
Land Rover has won two court decisions to prevent receivers of bankrupt chassis supplier UPF-Thompson halting delivery of Discovery chassis before May.
Receivers had threatened to stop chassis deliveries unless Land Rover agreed to a E60 million lump sum to bail out UPF-Thompson. Land Rover has refused to pay, stating that the supplier's insolvency had nothing to do with Land Rover contracts.
But the vulnerability of Land Rover and its family of suppliers goes beyond a single ...
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