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Auto Supplier Company Stories

April 8, 2009 - Canadian Auto Suppliers, Ottawa Canada

 

It's now or never, part suppliers say

Cash-starved firms fear Ottawa's lifeline will be dollar short, day late

Tony Clement
 

March 20, 2009 - Obama Auto Task Force, Washington D.C.

 

The Obama administration announced yesterday that it will provide $5 billion in financial aid to auto parts manufacturers, signaling the government's continued interest in propping up the domestic car industry and raising hopes that it will soon provide even more money. Auto Parts Company
Update April 4, 2009
Update April 9, 2009
 

March 19, 2009 - Auto Parts Supply Companies

 

Auto Woes Caught in Chain Reaction

Detroit Rescue Gets Tougher as Carmakers' Pain Weakens Suppliers, Too

Kentra Kennedy
 

March 12, 2009 - Toyota and Auto Task Force, Washington D.C.

 

Toyota Joins American Rivals, Urges Aid to U.S. Parts Makers

The American auto industry picked up a new ally yesterday in its attempt to win government loans: Toyota warned President Obama's auto task force that the parts suppliers it shares with its Detroit rivals are running dangerously low on cash.

Toyota Lot
 

February 26, 2009 - Auto Suppliers Nationwide

 

Trouble on the Assembly Line

As Auto Suppliers Seek Their Own Bailout, Detroit Three Face Pressure From the Ground Up

Autoworkers
 

February 18, 2009 - Big Three Auto Suppliers

 

Auto suppliers face a lose-lose situation Delphi

Delphi Benefits Cut for 15,000 retirees

Update February 25, 2009

 

February 10, 2009 - Faurecia - Chrysler, Detroit MI

 

Chrysler has unpaid bills, supplier says

French firm Faurecia sues seeking $110 million

Faurecia Plant
 

January 26, 2009 - Auto Parts Suppliers Nationwide

 

Bankruptcy Fears Grip Auto-Parts Suppliers Auto Parts Company Vis
 

January 23, 2009 - Auto Suppliers Nationwide

 

Can't build a car without parts

Production cuts and tight credit are hurting companies that will supply the parts when auto sales come back.

Factory - Ford Mustang
 

January 20, 2009 - Automotive Parts Manufacturers Association, Toronto CA

 

Parts makers warn of collapse if auto talks stall

Suppliers could hit the wall if Chrysler and GM don't speed the pace of loan negotiations with the Ontario and federal governments

APMA
 

January 16, 2009 - Checker Motors, Kalamazoo MI

 

Checker Motors, 87-Year-Old Auto-Parts Maker, Seeks Bankruptcy Checker Cab
 

January 10, 2009 - Auto Suppliers Nationwide

 

Beyond the Big Three, Many in Auto Industry Suffer - ripple effect on the thousands of companies who supply carmakers with everything from aluminum to airbags, putting some firms at risk and forcing plant closures, layoffs and furloughs at others. Alcoa
 

January 7, 2009 - A123 Systems, Watertown MA

 

Battery maker A123 Systems to bring jobs to southeast Michigan A123 Systems
Updated Story January 12
 

January 2, 2009 - Bloomberg News Story

 

Carmakers Plan For Disruptions In Parts Supply Auto Plant
 

December 26, 2008 - Cadence Innovation, Troy MI

 

GM sues bankrupt supplier Cadence saying it is holding necessary equipment "hostage" which could potentially interrupt the launch of its new Chevrolet Camaro 2008 Camero
 

December 16, 2008 - Key Plastics, Northville MI

 

Auto parts supplier Key Plastics files Chapter 11 door handles
 

December 12, 2008 - Auto Supply Companies, Worldwide Locations

Auto Suppliers Share in the Big Three Anxiety

Worry about the domino effect of the auto supply firms — which employ more than twice as many workers as the carmakers.

Warehouse
 

December 12, 2008 - Chrysler Suppliers, Washington/Toronto

Suppliers demand cash from troubled Chrysler

A major oil company and a utility are demanding cash up front from Chrysler, offering a glimpse of the threat posed by a collapse of the North American auto supply chain.

CASH
 

December 9, 2008 - Hundred's of Supply Companies, Worldwide Locations
Even if Detroit's car makers get an interim bailout, their suppliers face a wave of business failures in coming months that are expected to disrupt the flow of parts to U.S. assembly lines run by all auto makers. Dura Plant
 

November 17, 2008 - Export Development Canada, Ottawa Ontario
Export Development Canada, a government-owned lender and insurer, has stopped writing new policies to protect Canadian auto parts makers in the event of a bankruptcy filing by Chrysler. Canada
 

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