Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / Australia

Union Blames Toyota For Supplier Closure

September 2008 | Company Finance Alert

Australian automotive component producer Teson Trims has been forced to close after failing to find a buyer, leading to the loss of 126 jobs. The company went into administration in early September; despite interest from 14 potential buyers, a suitable deal could not be arranged within the three week deadline.

To read the full article, please choose one of the following options:

Subcribers please log in