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28 Mar, 2011

Camaros “held hostage” by Allied shippers. GM sues.

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A situation has developed between Allied trucking and automakers General Motors and Chrysler that has deteriorated to the point of hostage-taking. The Detroit News reports that GM has filed a lawsuit against the car-hauling company that alleges it’s holding 1,700 of the automaker’s valuable Chevy Silverado and Camaro models that should be on their way to dealers. The vehicles in question are worth $47 million, and many of them are reportedly already bought and paid for by customers. The suit also claims that the inventory will depreciate in value if dealers don’t receive the vehicles, while at the same time dissatisfying customers. [Story continued at LINK]

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