TITLE

Diversification is good but it might be too late

AUTHOR(S)
McNulty, Mike
PUB. DATE
April 2009
SOURCE
Rubber & Plastics News;4/20/2009, Vol. 38 Issue 19, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
39244690

 

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