For weeks now, industry analysts have warned that if GM declared
bankruptcy the trickle-down effects on the supplier industry would be
significant. Last week, following the announcement of the automaker's
filing for Chapter 11, we asked: Will GM’s bankruptcy affect your
business?Only one quarter of AMN readers said GM's bankruptcy would have no
effect on their business. Just over 40 percent said the bankruptcy will
mean a loss of business for them; while one-third expects to see an
increase.
The breakdown of results shows:
Will GM's bankruptcy affect your business?
Yes, it will decrease my business.: 41.67%
Yes, it will increase my business.: 33.33%
No, it will not affect my business.: 25%
THIS WEEK'S POLL
Does your company create products that will help automakers meet the Obama administration's 35.5 mpg fuel-efficiency standards?
To cast your vote, simply CLICK HERE.
About the Author
Amy Antenora
Editor, aftermarketNews
aantenora@babcox.com
With more than a decade of experience in the communications field, Amy has been Editor of aftermarketNews since 2002. Prior to joining Babcox Publications, Amy worked as a general assignment reporter for the West Akron Sun, as a freelance Arts & Entertainment writer for AmericaOnline and also worked in PR for two state Universities.
