So far this year a number of key industry players have succumbed to bankruptcy with more likely as slow automotive sales take their toll. As of today, major bankruptcy filings include:
- Collins and Aikman
- Delphi (DPHIQ)
- Tower Automotive
- Visteon (VSTN)
- Metaldyne
- Dana Holding (DAN)
- Dura Automotive Systems
- Lear (LEA)
Let’s hope the recession ends soon.