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Auto Suppliers Stand to Lose in GM Bankruptcy

Sunday, May 31, 2009 at 7:25 PM

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If you’re listening to 90.3 in your car, think about the seat you’re sitting on, the fabric that covers the seat, or the dashboard radio my voice is coming out of. Your car might have a brand name on it, but chances are nearly everything in it was manufactured by other companies. Consider this as General Motors is all-but-certain to announce its bankruptcy later this morning. The ripple effects go far beyond the workers at Lordstown or Parma. ideastream®’s Dan Bobkoff has been thinking about the complex automotive supply chain and what a bankruptcy might mean for all the suppliers.

Photo Gallery

One of the machines at Exact Tool and Die Many companies contribute to this door wire harness that ultimately ends up in a car. Exact Tool and Die makes a big variety of products including razor blades. Flat metal is sent to the machines to be shaped into everyday products.


Economy, Regional Economy/Business - News, Other, Community/Human Interest, Technology

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