Visteon Getting Closer To A Loan

Parts maker Visteon has a loan committment from Ford for $125 million and is also in discussions with General Motors, Chrysler, and Nissan North America.

GM is also in talks to help Delphi.

There is a hearing scheduled for Thursday to discuss the case.

Luckily these auto industry bankruptcy processes are happening fast so everyone can get back to innovating.

You must be logged in to post a comment.