Automotive Industry
Industry: Email Alert RSS FeedMG Rover collapse hurts small suppliers and dealers.(News)(Brief Article)
Automotive News Europe, May, 2005 by Feast, Richard
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Byline: Richard Feast
MG Rover's collapse is being felt by its former suppliers and dealers.
It will involve far more job losses and company failures than anyone expects, says an industry advisor who represents companies owed money by MG Rover.
He said Tier 2 suppliers and small, privately owned dealerships will be the worst affected because Tier 1 suppliers and large, public dealer groups have backed away from MG Rover in recent years.
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"There is nowhere for the [small to medium enterprises] to go. The loss of MG Rover will drive many of them out of business," ...
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