April 6, 2009
The jaw-dropping events of the past six months have made an indelible impression on many fleet managers. The very real possibility that two of the Detroit 3 could quickly (and unexpectedly) enter into Chapter 11 bankruptcy protection, along with some fleet management companies not accepting new-vehicle orders, has caused some corporations (especially those sole sourcing) to reassess sourcing strategies.
Tags: bankruptcy protection, Chapter 11 bankruptcy, contingency plans, Detroit 3, new-vehicle orders, supplier viability