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SuppliersSuppliers Question GM's Payment TimingSuppliers Question GM's Payment Timing
Despite a recent WAW survey in which suppliers judged General Motors Corp. the best auto-maker to work with (see WAW - July '98, p.66), reports are trickling out that GM is taking up to 120 days, and in some cases even longer, to pay for work delivered.GM says it isn't so."We did change the payment structure so that checks go out on the second day of the second month, and the reason for that was to
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