I've nothing to add to all the commentary about GM. I'm looking at the bigger picture.
As I've mentioned before, this could be real trouble for multiple suppliers to GM, as the court could easily void existing contracts, negate payments and debts and create general havoc on an industry that is already in tremendous stress.
Longer term, I would expect a nice uptick in plastic usage in cars, given the Government's tremendous ownership share of the industry (Do you really believe that no government official is not going to use their influence?? They just can't help themselves, it's what they do, it's their inherent nature) as well as the higher mileage targets. Replacing steels and other metals will plastics/composites will reduce weight, although the real increases are in rolling resistance and drag, not weight.
22 comments:
I would anticipate a decent uptick in plastic use in vehicles, given the government's huge possession portion of the business (do you truly accept that no administration official won't utilize their impact?
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As I've referenced previously, this could be genuine difficulty for various providers to GM, as the court could without much of a stretch void existing agreements, refute installments and obligations and make general destruction on an industry that is now in enormous pressure.
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"The Car Industry after GM's Bankruptcy serves as a stark reminder of the resilience and adaptability of this ever-evolving sector. While GM's bankruptcy was a significant milestone, it catalyzed innovation, restructuring, and a renewed focus on sustainability. As we navigate the post-bankruptcy landscape, we witness the birth of a more agile and sustainable auto industry, committed to shaping the future of mobility and driving progress on multiple fronts. Here's to a brighter, more sustainable road ahead!"
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The car industry after GM's bankruptcy underwent a transformative period. While it was a challenging time, it forced the industry to innovate, adapt, and emerge stronger. We witnessed the rise of electric vehicles, a greater emphasis on sustainability, and renewed commitment to quality and safety. The lessons learned from GM's bankruptcy continue to shape a more resilient and forward-thinking automotive sector. 🚗🔌 #AutoIndustryEvolution #Innovation #Adaptation
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The article provides a detailed analysis of the car industry post-GM's bankruptcy, focusing on its evolution and recovery. It uses data and statistics to provide a solid foundation for the analysis, effectively highlighting the challenges and opportunities faced by the automotive sector in the modern era.divorce lawyers in smithtown new york
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