Chapter 11 Heightens Anxiety

August 2006
Ward's Auto World;Aug2006, Vol. 42 Issue 8, p44
Trade Publication
The article presents results of the 28th Annual Supplier Survey conducted by Ward's Auto World. Bankruptcy is pervasive in the North American automotive supply chain, as it grows increasingly common to continue doing business while under the protective legal shelter of Chapter 11. Half of supplier respondents and more than 68% of original equipment manufacturer respondents to the survey said their companies do business with parts makers that now are or recently were in bankruptcy.


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