Automotive News GM, Stellantis give $15 million lifeline to insolvent supplier - Printable Version

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GM, Stellantis give $15 million lifeline to insolvent supplier - OEM - 05-31-2023

GM, Stellantis give $15 million lifeline to insolvent supplier

<p>General Motors, Stellantis and Yanfeng Automotive Interior Systems agreed to bail out the insolvent supplier with price increases and investment of up to $15 million to tide over the company until it sells itself and restructures.</p>

https://www.autonews.com/automakers-suppliers/gm-and-stellantis-bail-out-insolvent-parts-supplier