Parts blow to buyout plan
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• Management buyouts at Leyland Daf have been thrown into jeopardy by the receiver's failure to secure components vital to van and truck production.
The Court of Appeal has rejected a plea that it should compel Vitomotive Products to continue supplying its patented brake and clutch parts. The Leamington Spa company has refused to
Leyland Daf in crisis
resume deliveries until it is paid £750,000 for parts supplied before Leyland Daf went into receivership in February.
Leyland's truck and van plants have enough parts to maintain production this week, but thecompany cannot say if production will resume after Easter without a delivery from AP.
I: A further 273 redundancies at the Leyland truck plant and 76 in the Glasgow axle plant were made at the end of March.