Chrysler can't retrieve Plastech equipment

With suppliers like Plastech, Delphi, etc. struggling with bankruptcy issues, the public dealer groups reporting lower 2007 profits, and the Wall Street Journal today reporting retail car sales running at a 10 year low, could a automaker bankruptcy happen?

A bankruptcy court has denied Chrysler the right to pull tooling from  Plastech which filed for Chapter 11 protection after negotiations fell apart.  This new found bargaining chip may prove valuable to other Tier suppliers as they continue to be squeezed between rising material costs and shrinking parts prices.  Will more Tier suppliers look to the courts for relief as they seek...