GM Attempts to Answer Suppliers’ Questions Amidst Chapter 11 Filing; Top Questions are Payment, and Who Will Work with New GM

Posted by on June 2, 2009 under Auto News | Be the First to Comment

General Motors (GM) Corp. is attempting to answer suppliers’ questions in the wake of its bankruptcy filing yesterday and the announcement that the company is seeking a 363 assets sale to a newly formed company, the New GM. The top question among suppliers seems to be about payment-and when/how payments will be made.

Originally posted here:
GM Attempts to Answer Suppliers’ Questions Amidst Chapter 11 Filing; Top Questions are Payment, and Who Will Work with New GM

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