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Suppliers: The Other Catastrophe In The Auto Sector

December 9, 2008 8:41 AM EST

From 247wallst.com

If the federal government puts $15 billion into the car companies, it will have made a start at fixing The Big Three. It may take another $100 billion to finish the job, and, if the recession runs on and the Japanese keep making better cars, the whole rescue could fall apart.

The piece of the car industry puzzle which is not being addressed is what happens if a substantial number of the auto supply firms go under?

Read More at 247wallst.com >>>>


Stocks: Lear (NYSE: LEA), Johnson Controls (NYSE: JCI), Amer Axel (NYSE: AXL), ArvinMeritor (NYSE: ARM)


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