Auto suppliers look to diversify

Auto suppliers look to diversify

There are 1 comment on the WOOD-TV Grand Rapids and Michigan story from Feb 18, 2009, titled Auto suppliers look to diversify. In it, WOOD-TV Grand Rapids and Michigan reports that:

It's something we've been hearing for years: If auto manufacturers want to survive, they need to diversify.

Join the discussion below, or Read more at WOOD-TV Grand Rapids and Michigan.

setrlvr

United States

#1 Feb 18, 2009
Most small auto suppliers were either driven out of business or HAD to diversify because of the "Big Three" changing their terms for paying their customers after these small suppliers took out loans for everything it took to make the parts. This took place even when times were good and is well known.

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