Hayes Lemmerz Faces Great Distress

Can you imagine? Hardly three years ago, the share of the world’s biggest wheel manufacturer was worth 30 US Dollar, sometimes it even reached 40 US Dollar. With one US Dollar only on September, 28th 2001, this share has reached is absolute baisse so far. An alarm bell that cannot be ignored.

The company is in great danger of collapse. And the terrorist attack against the World Trade Center could have finished the company off. Already before that, the group had replaced its long-term boss “Ron” Cucuz by Curtis J.