UPDATE 1-Vanmaker LDV files for administration

Newswire

(Adds government reaction) LONDON, April 29 (Reuters) - Birmingham-based vanmaker LDV, owned by Russia's GAZ, said on Wednesday it had filed for administration, putting hundreds of jobs at risk. "The pressure of the unprecedented global downturn, coupled with the actions of a small number of suppliers, has caused the position of LDV to deteriorate to the point where LDV has been left with no alternative than to apply for administration," a company spokesman said. "This application will ...

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