Visteon coming down (Brighton Sign)
According to a new study by consulting firm A.T. Kearney, more than half of all current automotive suppliers are at risk of going into bankruptcy protection in 2009, resulting in at least 1 million job loses. The most optimistic scenario would have 35% of all suppliers going under, while some put that number as high as 70%! Head on over to Autoblog for the full story.
Tags: bankruptcy, Chrysler, Ford, GM, supplier
