Another Potential 2010 Camaro Delay

[69TAPoser]

Just what GM needs...

http://www.autoweek.com/article/20081229/FREE/812299991

"After months of teasing us with pictures, concepts and finally the real thing, all that’s left for the new Chevrolet Camaro is to crank up the assembly line so the car can hit the road next year.

But there may be a little glitch.

GM is suing Cadence Innovation, a bankrupt interior parts supplier that is liquidating, to get back parts and equipment it needs for the Camaro.

In standard industry practice, GM handed over the parts and machines to Cadence to make the Camaro parts.

But even though Cadence is going out of business, it hasn’t been in a hurry to return the equipment, as some company managers have tried to engineer a buyout to keep the firm going.

GM says that if it doesn’t get the production equipment back by Jan. 12, the start of Camaro production will be delayed.

And that won't be good news to the Camaro faithful--especially those who have a car on order."

Phil