Breed, GM in Belt Battle

Sherefkin, Robert
September 1999
Automotive News;9/6/1999, Vol. 74 Issue 5836, p1
Trade Publication
Reports on how a pricing dispute between seat-belt maker Breed Technologies Inc. and General Motors (GM) nearly resulted in a shutdown of nine GM truck plants in August 1999. General Motors' refusal of Breed Technologies' demand for an immediate payment of $44.5 million; General Motors' effort to seek a preliminary injunction against Breed; Details of Breed Technologies' financial problems.


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