AUBURN HILLS, MI – The rash of auto suppliers filing for Chapter 11 bankruptcy protection is by no means the fault of OEMs, Chrysler Group’s top purchasing executive says. Several notable suppliers, including Collins & Aikman Corp., Meridian Automotive Systems Inc. and Tower Automotive Inc., have filed for bankruptcy protection in recent months to stave off potential closure. (See related story: C&A Bankruptcy Chills Interiors Show) The chaos comes as auto makers demand further ...
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