A special taskforce set up to deal with the effects of the Rover sell-off in Wales is meeting in Bridgend to discuss the fallout.
Dozens of car component jobs in south and west Wales have been lost this year, with companies blaming the strong pound.
But hundreds more could be lost in the wake of the sell-off of Rover by BMW.
The meeting in Bridgend comes as trade union officials representing the Rover workforce fly to Munich in a last ditch effort to persaude BMW not to sell the company to Alchemy.
The prospect of venture capital company Alchemy taking over the giant Rover Longbridge works is one the unions are out to avoid.
Alchemy has made it clear it sees no future for mass car production in the Midlands.
The company faces a rival – but belated – bidder in the former of Phoenix, headed by former Rover executive John Towers.
It is estimated that the scaling down of Rover production could cost more than 50,000 British jobs – 1,500 of those with Welsh component suppliers.
The special Welsh taskforce has been set up to minimise the effects on an industry that has become a key employer in Wales.