Thursday, September 24, 2009
GM will pay suppliers weekly starting Dec. 22
General Motors Co. will begin paying its suppliers weekly instead of monthly, in an attempt to improve relationships and limit large outflows of cash. The plan benefits both GM and its suppliers by reducing cash volatility, spokesman Dan Flores said.
Read More... [Source: Automotive News Breaking News Feed - Posted by FreeAutoBlogger]
Read More... [Source: Automotive News Breaking News Feed - Posted by FreeAutoBlogger]
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