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Old 05-11-2009, 11:11 AM   #39
SS 376

 
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Drives: 2010 IBM 1SS (Former)
Join Date: Feb 2009
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Quote:
Originally Posted by GRM RPR View Post
I am curious as to why anyone here thinks the Oshawa plant will NOT shutdown during a Chp 11 Bankruptcy filing? Do you honestly think PARTS SUPPLIERS are going to give GM parts while Chp 11 filing gets worked out in the courts? Parts Suppliers cutoff Chrysler and I really don't see anything different happening in GM's case.
I think there's more to this than people think. Outside suppliers will temporarily stop deliveries on parts until the company emerges from bankruptcy (regardless of what Chapter it is). They're not going to ship hundreds of thousands of dollars of parts if there is a risk they won't get paid. Everyone's Camaros will get built but the question is when.
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