News - General News Parts

Mitsu to cause supplier pain

Supply-chain: FAPM CEO Anna Greco at MIMS.

Mitsu's demise to make business for components suppliers "that bit tougher"

6 March 2008

By PHILIP LORD

THE CEO of the Federation of Automotive Products Manufacturers Anna Greco has told GoAuto that the fall of Mitsubishi as a local manufacturer in Australia “has made it that bit tougher” for her members.

Speaking at the Melbourne show last week, Ms Greco said that in order to survive her members will have to make their way into global supply chains, competing with suppliers from around the world.

Automotive suppliers are also being forced to serve markets other than the auto sector as a way of sustaining profitability.