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Subcommittee on the Automotive Industry in Canada committee To echo that, it's the tier two and tier three, way down in the stream, so everything gets shifted 30 days. In part, we pay based on parts getting PPAPs. That's when we pay for the tools. Everybody has gone backwards. I will say that I think the suppliers are banking quite a bit
March 4th, 2009Committee meeting
John Stapleton
Subcommittee on the Automotive Industry in Canada committee Briefly, the bottom line is that the structure kind of put a wall up around the U.S. relative to funding flow, and in that regard, they're looking to not have the American taxpayers shoot funds to other--non-U.S.--entities.
March 4th, 2009Committee meeting
John Stapleton
Subcommittee on the Automotive Industry in Canada committee If you go back just a little way, if you look at our assembly plants, we were running full bore in our truck plant and very heavily in our car plants in Oshawa. That helped the situation due to product demand, really, in the U.S., because we ship 90% of our vehicles south. A lot
March 4th, 2009Committee meeting
John Stapleton
Subcommittee on the Automotive Industry in Canada committee Yes, just from a supplier-based perspective. We manufacture small to big automobiles, but because we manufacture very large automobiles, if our suppliers ship seats, steel, and frames, the parts need to be kept in general proximity to the manufacturing locations. That benefits th
March 4th, 2009Committee meeting
John Stapleton