DETROIT, June 30 (Reuters) - General Motors Corp has asked for court approval to seize tools from bankrupt auto parts maker Progressive Molded Products Inc, citing a potential for supply disruptions that could force the carmaker to shut its assembly lines. Progressive, which filed for bankruptcy protection in Delaware on June 20, may not be able to maintain operations after Monday, GM said in court documents seeking authority to take tools. The privately held Ontario, Canada-based ...
Premium Content (PAID Subscription Required)
"GM seeks to seize tooling from bankrupt supplier" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.