The big five firm is acting as receiver for UPF, sole supplier of chassis for Ford’s Land Rover Discovery car, and has demanded up to £45m to continue to supply the chassis.
KPMG’s Mark Orton, receiver for Midland’s based UPF, said: ‘While I understand Ford’s concern, I hope they will understand our legal duties and therefore take us up on our offer to reach a negotiated settlement.’
Land Rover makes up nearly two thirds of UPF’s business, which employs 700 workers in the West Midlands, mainly at Wolverhampton.
Ford had earlier threatened to organise a boycott of KPMG by fellow motor manufacturers – the big five firm counts BMW and Daimler Chrysler among its clients.
Two years ago Ford failed in a similar attempt to prevent receivers from increase the price of a contract with Transtec.
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