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December 14th, 2008 09:00 AM #1
...and thats all you need to make the "auto parts suppliers" that supply parts to both domestic and foreign automakers in the US go bankrupt.
No parts = no production = closing down the factories
In recent months, foreign automakers and parts suppliers have tried to work out contingency plans in the event of a collapse of one of Detroit's Big Three. But executives say they would not be able to shield themselves from the impact of an automaker's collapse because the number of distressed suppliers in North America already is in the hundreds.Last edited by AG4; December 14th, 2008 at 09:07 AM.
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December 14th, 2008 09:32 AM #2
But I still believe anyone who survives this very difficult time will end up winners in the end. Everyone is affected, everyone! But these challenges are what separates the man from the boys!
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December 14th, 2008 02:26 PM #4
cars and light trucks sales:
inventory:
it doesnt matter if the big 3 automakers get bailed out
they are still screwed
the US economy is in deep sh*t
car sales are down to 1980s level
inventory is piling up
the automakers can "restructure" all they want
they can "innovate" all they want
they can go "green" and "efficient" all they want
they have no market
they have no economyLast edited by uls; December 14th, 2008 at 02:31 PM.
lotus elise all the way! 2004 edition
Lotus returns...