GM is paying its suppliers early, in May instead of June 1, and it is widely thought that they will declare bankruptcy on June 1. They have not declared anything yet.

I have also been reading that if they do declare, there should be little disruption to their operations. When the Chrysler lines closed, it was in the middle of a shift and was like a fire drill. My thoughts are that this was done to avoid having disgruntled workers damage things before they left. Bad scene.

John B.

'87 Raider 2.6 Turbo Auto, Under Construction
'95 Montero SR, 35x12.5/15 BFG M/T KM-2's, Rock sliders, Qtr panel chop, gas tank lift, 2" BL, Aisins, 5.29s
'95 Pajero Mini
'98 Montero Winter Ed.
'04 Cadillac XLR
'03 Kawasaki ZRX1200R
'60 Ford Falcon 4Dr