The Nasdaq-listed global solutions provider Liquidity Services, which offers one of the leading online marketplaces for surplus assets, has forward-flow contracts with Ford, GM and a number of firms at different levels of the Australian automotive supply chain. Its London-based consultant, Silas Berry, says the big car companies are sympathetic with the plight of the local suppliers.
Liquidity Services, Grant Thornton and the London-based Wickman Group recently announced a strategic partnership to advise on surplus asset disposition for those gearing up for changes in the Australian auto industry.
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