TITLE

Nightmare for suppliers

AUTHOR(S)
Henderson, Tom; Shea, Bill; Automotive News
PUB. DATE
May 2009
SOURCE
Crain's Detroit Business;5/4/2009, Vol. 25 Issue 18, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Detroit, Michigan-based automobile manufacturer Chrysler Corp. has filed for Chapter 11 bankruptcy protection on April 30, 2009. The company has decided to shut down its plants during bankruptcy. The company's decision of plant closure came at a time when the automobile suppliers have witnessed decline in revenues.
ACCESSION #
39560007

 

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