Industry News
Will the 2010 Mustang beat the Camaro by default?
By Jeff Bressler, All Ford Mustangs
Dec 28, 2008, 28 Dec 2008 12:28:00

Those waiting for the rollout of the Camaro may get antsy and flee to the Mustang or Challenger if the bankruptcy of one of GM’s main suppliers continues to drag on.

  General Motors has sued Cadence Innovation, and now the outcome of the lawsuit may be the determining factor in whether or not the Camaro will arrive on time. GM was originally planning on putting the Camaro into production in February of 2010, but Cadence’s bankruptcy has disrupted the process and GM claims that the supplier is holding a number of necessary parts "hostage" that could delay the car.

Before Cadence Innovation filed for bankruptcy, the company produced door trim, airbag covers and instrument panels, for which GM provided the company with the necessary machinery to manufacture the parts. This machinery is now being held by Cadence and GM has filed a lawsuit demanding that Cadence release the equipment and parts, stating that “even one day’s disruption in supply of certain component parts could cause a shutdown of GM assembly operations, disrupting not only GM’s business, but the operations of countless suppliers, dealers, customers and other stakeholders."

The lawsuit is demanding access to Cadence's manufacturing facilities to reclaim tooling and parts so that GM can line up another supplier to take over from Cadence. If a new supplier is not in place by January 12th then GM will be forced to delay the Camaro at a possible cost of "millions of dollars per plant per day", according to Reuters.

  It seems the fates are once again not playing into GM’s favor.

  It seems the fates are once again not playing into GM’s favor.

  General Motors has sued Cadence Innovation, and now the outcome of the lawsuit may be the determining factor in whether or not the Camaro will arrive on time. GM was originally planning on putting the Camaro into production in February of 2010, but Cadence’s bankruptcy has disrupted the process and GM claims that the supplier is holding a number of necessary parts "hostage" that could delay the car.

Before Cadence Innovation filed for bankruptcy, the company produced door trim, airbag covers and instrument panels, for which GM provided the company with the necessary machinery to manufacture the parts. This machinery is now being held by Cadence and GM has filed a lawsuit demanding that Cadence release the equipment and parts, stating that “even one day’s disruption in supply of certain component parts could cause a shutdown of GM assembly operations, disrupting not only GM’s business, but the operations of countless suppliers, dealers, customers and other stakeholders."

The lawsuit is demanding access to Cadence's manufacturing facilities to reclaim tooling and parts so that GM can line up another supplier to take over from Cadence. If a new supplier is not in place by January 12th then GM will be forced to delay the Camaro at a possible cost of "millions of dollars per plant per day", according to Reuters.

  It seems the fates are once again not playing into GM’s favor.

  It seems the fates are once again not playing into GM’s favor.