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GM's really bad news: Its revenue

 

Losing leases: It hurts already

 

Crisis at Chrysler: Buyers bail

 

Pain spreads beyond Detroit: Nissan offers employee buyouts

 

Aug. 4, 2008
Automotive News
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Investor Wilbur Ross, owner and chief executive of International Automotive Components Group, predicts that a 750,000-unit drop this year in North American vehicle sales would bring a long-awaited consolidation of automotive parts suppliers. He says that one or more of today's "walking wounded" suppliers would be liquidated this year.

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   • Ross sees sales drop prompting supplier consolidation

 

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