Suppliers: The Other Catastrophe In The Auto Sector
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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?
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Stocks: Lear (NYSE: LEA), Johnson Controls (NYSE: JCI), Amer Axel (NYSE: AXL), ArvinMeritor (NYSE: ARM)
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