Forum Discussion
mich800
May 05, 2016Explorer
camping man wrote:
Just think the money they saved sourcing the cheapest bidder?
Unfortunately that is not how it works in the automotive industry. And GM was a huge problem that put multiple suppliers out of business before the *#&* hit the fan. I was involved with multiple suppliers trying to keep them alive in the midwest during this pre collapse phase.
For those involved; know exactly how the OEMs crushed the liquidity of their suppliers that ultimately led them down the path of BK.
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