Suppliers Prepare For GM Fallout

Israeli suppliers could feel the impact of a General Motors (GM) bankruptcy, according to Globes Online. The business news provider has reported that there are three levels on which the local autos industry could be affected. GM has three main brands on sale in Israel, Buick, Chevrolet, and Cadillac, which could lead to the market being affected on a consumer level. The second and possibly most disruptive area is local suppliers, which could lose business built up over a number of years. Similarly, the third level is international suppliers that could also run into financial difficulties if they are major

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