Actionable news
All posts from Actionable news
Actionable news in GM: GENERAL MOTORS COMPANY,

General Motors seeking to get equipment from supplier in bankruptcy case

General Motors Co. is fighting to get equipment and inventory from a family-owned auto parts supplier that filed for chapter 11 bankruptcy protection last week, saying a contract dispute threatens to shut down 19 GM assembly plants in North American and lead to “tens of millions of dollars in losses.”

Clark-Cutler-McDermott Co., a 115-year-old interiors supplier based in Massachusetts, filed bankruptcy Thursday and blamed the...