More auto suppliers may choose bankruptcy, SandP says

NEW YORK (Reuters) -- The U.S. auto parts industry may see a flurry of bankruptcies if ongoing Chapter 11 cases prove to be strategically beneficial to the companies involved, Standard and Poor's warned in a report on Friday.

Link To Original Article (http://www.autonews.com/apps/pbcs.dll/article?AID=/20060317/REG/60317046/1003/rss01&rssfeed=rss01)