Monday, June 1, 2009

How Will the GM Bankruptcy Affect YOUR business? (or will it?)

There are numerous articles floating around the news today about the impending GM Bankruptcy. Here are some of the headlines that I found

“GM bankruptcy: How will it impact the US?” – Christian Science Monitor

"GM bandruptcy could drive up interest rates for everyone" - autonews.com

“Economic optimism may trump GM Bankruptcy” - Reuters

“What General Motors’ Bankruptcy Means for You” – Consumerism Commentary.com

“GM Begins Bankruptcy Process With Filing for Affiliate” – Bloomberg


There is a lot of anticipation about the GM crisis. Let’s face it – GM has been a big part of America since “Hot Apple Pie and ….. oh, yes, Chevrolet!!” We grew up watching the Detroit car maker get bigger and bigger, then complacent and even more complacent. We also watched as competition began pouring in.


I’m not an economist, nor do I pretend to be one. There are a lot of manufacturers out there who are directly impacted by the top 3 automakers. I recently went on a trip to Northern Indiana, where it appeared that about 1 out of every 10 plants that I saw were closed – most plants were on shortened work days – almost all were at reduced capacity. Most of these companies that were struggling were automotive based.

So what WILL this mean to your manufacturing business??? That’s the magical question that we are all waiting to see. I’ll leave you be the judge of this. Below are the links to the articles above – maybe you can make more sense out of the varied opinions of the “experts”! When you get it figured out, please let me know.


“GM bankruptcy: How will it impact the US?” – Christian Science Monitor

“Economic optimism may trump GM Bankruptcy” - Reuters

"GM bankruptcy could drive up interest rates for everyone - autonews.com

“What General Motors’ Bankruptcy Means for You” – Consumerism Commentary.com

“GM Begins Bankruptcy Process With Filing for Affiliate” – Bloomberg


- Article written by Brad Stoller, Account Executive at Schilli Transportation Services

2 comments:

  1. A fashion hermes victoria bags trend is going in the market all across the world. Styles and designs of fashion bags today are made in one corner of the globe, manufactured in another the main world and finally are shipped even to another market and sold to different consumers. When it comes to fashionable ornaments, the accurate meaning is necklaces, fake handbags outlet, rings and jewelry. Buying these jewelries on wholesale is very profitable especially if it is bought online from different discount stores. Necklaces are one of the most desirable fashion bags, whether in the form of costume chanel outlet and precious stone bags. If you are looking for Wholesale fashion necklaces, shopping for dior replica at any of most reputable online store will help. They’re usually made from a combination of cotton and lycra for better performance and flexibility. If you have decided to take up dance but don’t know where to begin, start with buying proper prada saffiano tote bags.

    ReplyDelete