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Showing posts with label Visteon. Show all posts
Showing posts with label Visteon. Show all posts
Tuesday, June 2, 2009
Auto Supplier Fallout Spreading
Auto suppliers one by one are going they way of GM. Today, TRW announced that it would breach covenants of its credit facility. Yesterday, Lear and last week Visteon bankruptcy. The fallout is only beginning.
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