Reform the United States cited the auto industry worried about global counterparts
Barack Obama President of the United States on the 30th refused the auto development oversized creatures GM and Chrysler's restructuring arrange, the prerequisites limit the two financial gatherings arrange to reorganise over, or other we may request them to bankruptcy reorganization. This "news" connected to the worldwide motor vehicle producers anxious about the other.
Concerns related 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 elements and elements employed in North America as well as generic manufacturers to deliver elements with Chrysler, the two financial gatherings bankrupt elements supplier may cause a flexible chain of bonds reaction. These elements and elements supplier, embracing 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, commerce and older agents of the Department of Energy and about Lan said that Sweden is worried, may pace the sale of GM's designs to Saab.
View of the pros and cons of both boundaries
Consultants and in harmony with the general government basis said, if GM filed for bankruptcy security, there is manipulate through bankruptcy reorganization proceedings to the reorganization of the financial gathering assets to a new high-quality financial gatherings in liquidation by the bankruptcy court auction of substandard assets, all re-signed with the creditors, trade unions and bond supplier to basically organised and clean-up of obligation, back on track.
However, Reuters report bureau that this design may be tough to apply, the more the longer the delay.
First, even if the general success of spin-off low-quality assets, but from the automobile industry because of research and development, parts supply, assembly and the flow of complex, time-possible reconstruction of cooperation, high-quality assets at very difficult to be fully independent.
Second, exorbitant bankruptcy, "the whole auto commerce will convey catastrophic consequences." General in February sharp out that the customary insolvency methods needed government-funded, not less than 30 billion U.S. dollars. The business has so far obtained 13.4 billion U.S. dollars help loans.
Third, the professionals accept as factual that the fast GM bankruptcy would deprive the opening to entire 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 basic difficulty here is that enterprise form no longer. - 18758
Concerns related 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 elements and elements employed in North America as well as generic manufacturers to deliver elements with Chrysler, the two financial gatherings bankrupt elements supplier may cause a flexible chain of bonds reaction. These elements and elements supplier, embracing 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, commerce and older agents of the Department of Energy and about Lan said that Sweden is worried, may pace the sale of GM's designs to Saab.
View of the pros and cons of both boundaries
Consultants and in harmony with the general government basis said, if GM filed for bankruptcy security, there is manipulate through bankruptcy reorganization proceedings to the reorganization of the financial gathering assets to a new high-quality financial gatherings in liquidation by the bankruptcy court auction of substandard assets, all re-signed with the creditors, trade unions and bond supplier to basically organised and clean-up of obligation, back on track.
However, Reuters report bureau that this design may be tough to apply, the more the longer the delay.
First, even if the general success of spin-off low-quality assets, but from the automobile industry because of research and development, parts supply, assembly and the flow of complex, time-possible reconstruction of cooperation, high-quality assets at very difficult to be fully independent.
Second, exorbitant bankruptcy, "the whole auto commerce will convey catastrophic consequences." General in February sharp out that the customary insolvency methods needed government-funded, not less than 30 billion U.S. dollars. The business has so far obtained 13.4 billion U.S. dollars help loans.
Third, the professionals accept as factual that the fast GM bankruptcy would deprive the opening to entire 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 basic difficulty here is that enterprise form no longer. - 18758
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1:28 AM
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