European body predicts massive fall in number of parts suppliers

摘要

The number of automotive suppliers is likely to fall dramatically as the worldwide trend towards consolidation in the car industry continues, the European Association of Automotive Suppliers (CLEPA) has warned. Mergers and acquisitions will lead to a decline in the number of tier one suppliers from 2,000 to 150 by 2008, while the number of tier two and three suppliers will drop from 6,000 to approximately 2,000, CLEPA predicts.