Analyst says weak low-level suppliers can halt US auto recovery

Newswire

* Second-tier suppliers a cause for concern - analyst * Little known companies could shut major auto plants By Bernie Woodall TRAVERSE CITY, Michigan, Aug 6 (Reuters) - An advisor to auto parts suppliers warned major automakers that a steep recovery of the U.S. auto industry will likely be undone by second-tier suppliers ill prepared to ramp up capacity. Guy Morgan, managing director of Michigan-based consultancy BBK, warned ...

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