Global And Domestic Hurdles May Rattle Auto Parts Sector

Law360, New York (April 23, 2014, 7:02 PM ET) -- Auto parts maker bankruptcies have largely dwindled since the 2009 industry crisis, but experts say that growing global competition and long-standing pension obligations could lead to a shake-up in the parts manufacturing sector.

Analyst reports indicate that the auto parts sector will experience a revenue boost annually over the next few years and that there's little chance of a repeat crisis on the scale of five years ago. Still, experts say more consolidation and restructuring among auto parts makers could be coming because of international competition...
To view the full article, register now.