Coventry automotive supplier falls into administration with 55 jobs lost

Coventry-based Pneuride Limited has fallen into administration, with the majority of its remaining 55 staff made redundant, as pressure on automotive supply chain businesses continues to bite.

Richard Harrison and Chris Pole of Interpath were appointed joint administrators of the mechanical engineering business on 30 September. Pneuride designed and manufactured advanced electronic control systems and air suspension components for the automotive industry, having previously traded as Dunlop Systems & ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...