The succession plan squeeze

During the July the staggering and subsequent collapse of Unipart Automotive have made uncomfortable reading, especially if you were one of the 1800 staff connected to the company. Of course we now know that a rescue plan couldn’t be enacted, that part of it has been sold off to competitors Andrew Page and The Parts Alliance and that the rest is in administration. At the same time Euro Car Parts, having once been a front runner in the rescue/chasing pack, has announced it is creating 1500 jobs in parallel – presumably to pick up the floating workers shipwrecked when the great ship Unipart Automotive hit it very own iceberg (click here for complete coverage of this news and its implications on the sector).

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