A Big 3 update

by Save the Rustbelt

A Big 3 update

What I Learned Over Morning Coffee in Michigan…..

My original theory was this:

1) Big 3 file Chapter 11,

2) Big parts suppliers file and some shutdown

Now I may have to revise this theory to:

1) Big parts suppliers collapse for lack of credit

2) Some or all of Big 3 cannot manufacture

3) Big 3 file Chapter 1

In the past the Big 3 would advance cash to keep the suppliers in business, but that is unlikely now.

Sales continue to plummet. The end is very, very near. The avalanche is gaining momentum.

Just-in-time inventory makes almost every vendor a critical vendor. Ouch.
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by Save the Rustbelt