Auto supplier Visteon files for bankruptcy

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DETROIT canada goose dam, May 28 (UPI) -- U.S. auto parts giant Visteon Corp. has filed for Chapter 11 bankruptcy protection in Delaware, citing the slowdown in auto sales, the company said Thursday. The filing comes with the third largest U.S. automaker, Chrysler LLC in bankruptcy court. The largest car company billige canada goose jakker, General Motors Corp. køb canada goose, appears likely to file for protection from creditors on or before June 1 abercrombie & fitch en ligne, the federal deadline for GM to reshape itself to allow for an extension of a federal line of credit. In a statement t shirt abercrombie & fitch, Visteon Chairman and Chief Executive Officer Donald Stebbins said the company would "address our capital structure and legacy costs that are not sustainable given the current economic environment." Visteon expected to use available cash to fund its current operations Canada goose jackor, The Detroit News reported. Along with the bankruptcy filing vest canada goose, Visteon filed a motion to allow it to continue to fill orders and pay employees and suppliers. Visteon operates in 27 countries and has 31 canada goose återförsäljare,000 employees www.abercrombienfitchfr.com, the newspaper said.Topics related articles：

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