Diversification is good but it might be too late

McNulty, Mike
April 2009
Rubber & Plastics News;4/20/2009, Vol. 38 Issue 19, p22
Trade Publication
The article reports that seeking protection under the Chapter 11 by Chrysler Corp. and General Motors Corp. (GM) in the U.S. has troubled automobile parts manufacturer. It is stated that companies that make critical components for core vehicle lines are in a better position than those who play a secondary role or make parts for lines. Dennis Virag, president of Automotive Consulting Group Inc. says that companies that have been diversifying in the last few years are in the best shape.


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