Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain
Green Car Congress
MARCH 14, 2009
To right-size capacity levels and promote a viable industry, we believe 30 to 40 percent of all suppliers are at risk due to the necessary alignment of capacity with demand, which should stabilize in the 12 to 14 million-unit range by 2010-2011. Further, the government may be suffering from the early stages of bailout fatigue.
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