GM on the Hook to Tyre Companies
With General Motors now in bankruptcy, details are starting to emerge about what the troubled automaker owes some of its key suppliers. According to reports, GM still owes Goodyear some $7 million, Continental AG some $15.5 million, and another $4 million to Bridgestone Americas. GM plans to pay all of its key suppliers in full, say reports. (Tire Review/Akron)
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