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.