Reform the United States cited the auto development anxious about worldwide corresponding
Barack Obama President of the United States on the 30th rejected the auto industry giants GM and Chrysler's restructuring plan, the requirements limit the two companies plan to reform again, or else we may ask them to bankruptcy reorganization. This "news" related to the global car makers worried about the other.
Concerns associated enterprises
GM and Chrysler financial gatherings restructuring or bankruptcy, will effect other nations in the world auto industry. Obama has been the restructuring arrange was turned down by the Government, the worldwide auto development store costs broadly chatting fell.
In addition to a global market, GM and Chrysler also has a large number of factories around the world with the brand. With which they are associated, directly or indirectly, a number of enterprises. In Europe, GM owns Opel brand in Germany and Sweden Saab brand, Chrysler is working with the Italian auto giant Fiat to discuss cooperation matters.
In Asia, Japan's Nissan Motor Co. and Toyota said that GM and Chrysler if the bankruptcy of their branch offices in North America will have an impact on the operation.
Nissan and Toyota parts and components used in North America as well as generic manufacturers to supply components with Chrysler, the two companies bankrupt parts supplier may trigger a chain reaction. These parts and components supplier, including Delphi Automotive Systems, Bosch Auto Parts Company and TRW Automotive Group.
Affect all government
The United States Government's conclusion, broadcast soon after the Canadian government broadcast that GM and Chrysler turned down the restructure program. The two businesses have several manufacturers in Canada, after the Canadian government to demand assistance.
In Germany, Opel manufacturers with North Rhine - Westphalia state agents said the United States Government's general mind-set in the direction of the company's hard-line stance of the German government government may be softening, in order that the Government is eager to release the German Opel.
In Sweden, development and major representatives of the Department of Energy and about Lan said that Sweden is afraid, may tempo the sale of GM's strategies to Saab.
View of the pros and cons of both boundaries
Consultants and in agreement with the general government causes said, if GM filed for bankruptcy defence, there is command through bankruptcy reorganization proceedings to the reorganization of the business assets to a new high-quality businesses in liquidation by the bankruptcy court auction of substandard assets, all re-signed with the creditors, trade unions and agreement supplier to easily tidy and clean-up of liability, back on track.
However, Reuters journal instrumentality that this arrange may be arduous to realize, the more the longer the delay.
First, even if the general achievement of spin-off low-quality assets, but from the automobile commerce because of study and development, components provide, assembly and the flow of convoluted, time-possible reconstruction of collaboration, high-quality assets at very tough to be completely independent.
Second, costly bankruptcy, "the entire auto industry will bring disastrous consequences." General in February pointed out that the traditional insolvency procedures required government-funded, at least 30 billion U.S. dollars. The company has so far received 13.4 billion U.S. dollars aid loans.
Third, the experts believe that the rapid GM bankruptcy would deprive the opportunity to complete the reorganization, not to mention not successful. University of Maine School of Law, Bankruptcy Law, Professor Lois Lupica said: "The need to address the long-term problem. The fundamental problem here is that business model no longer. - 21393
Concerns associated enterprises
GM and Chrysler financial gatherings restructuring or bankruptcy, will effect other nations in the world auto industry. Obama has been the restructuring arrange was turned down by the Government, the worldwide auto development store costs broadly chatting fell.
In addition to a global market, GM and Chrysler also has a large number of factories around the world with the brand. With which they are associated, directly or indirectly, a number of enterprises. In Europe, GM owns Opel brand in Germany and Sweden Saab brand, Chrysler is working with the Italian auto giant Fiat to discuss cooperation matters.
In Asia, Japan's Nissan Motor Co. and Toyota said that GM and Chrysler if the bankruptcy of their branch offices in North America will have an impact on the operation.
Nissan and Toyota parts and components used in North America as well as generic manufacturers to supply components with Chrysler, the two companies bankrupt parts supplier may trigger a chain reaction. These parts and components supplier, including Delphi Automotive Systems, Bosch Auto Parts Company and TRW Automotive Group.
Affect all government
The United States Government's conclusion, broadcast soon after the Canadian government broadcast that GM and Chrysler turned down the restructure program. The two businesses have several manufacturers in Canada, after the Canadian government to demand assistance.
In Germany, Opel manufacturers with North Rhine - Westphalia state agents said the United States Government's general mind-set in the direction of the company's hard-line stance of the German government government may be softening, in order that the Government is eager to release the German Opel.
In Sweden, development and major representatives of the Department of Energy and about Lan said that Sweden is afraid, may tempo the sale of GM's strategies to Saab.
View of the pros and cons of both boundaries
Consultants and in agreement with the general government causes said, if GM filed for bankruptcy defence, there is command through bankruptcy reorganization proceedings to the reorganization of the business assets to a new high-quality businesses in liquidation by the bankruptcy court auction of substandard assets, all re-signed with the creditors, trade unions and agreement supplier to easily tidy and clean-up of liability, back on track.
However, Reuters journal instrumentality that this arrange may be arduous to realize, the more the longer the delay.
First, even if the general achievement of spin-off low-quality assets, but from the automobile commerce because of study and development, components provide, assembly and the flow of convoluted, time-possible reconstruction of collaboration, high-quality assets at very tough to be completely independent.
Second, costly bankruptcy, "the entire auto industry will bring disastrous consequences." General in February pointed out that the traditional insolvency procedures required government-funded, at least 30 billion U.S. dollars. The company has so far received 13.4 billion U.S. dollars aid loans.
Third, the experts believe that the rapid GM bankruptcy would deprive the opportunity to complete the reorganization, not to mention not successful. University of Maine School of Law, Bankruptcy Law, Professor Lois Lupica said: "The need to address the long-term problem. The fundamental problem here is that business model no longer. - 21393
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