UPDATE 1-Intermet files for Chapter 11, cites steel costs


(Recasts, adds details on filing, S&P downgrade and byline, changes dateline from previous NEW YORK) By David Bailey CHICAGO, Sept 30 (Reuters) - Auto parts maker Intermet Corp. said on Thursday it has filed for Chapter 11 bankruptcy reorganization, citing a record rise in raw material costs, especially for scrap steel, in North America and Europe. Intermet, which makes powertrain, chassis, suspension and structural components, said it expects manufacturing operations to continue ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Intermet files for Chapter 11, cites steel costs" 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!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 23, 2018

Chrysler Pacifica 3.6L V-6 eHybrid – 2018 Award Acceptance

Mike Duhaime, director-electrified propulsion engineering at FCA, accepts Chrysler Pacifica Hybrid award at the 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×