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Fred Hubacker: It’s trying times for U.S. auto suppliers as plants reopen — the industry needs at least $20 billion – CNBC

Fred Hubacker was featured in CNBC’s article titled “It’s trying times for U.S. auto suppliers as plants reopen — the industry needs at least $20 billion.”

“Once they start to resume operations, the cash is going to disappear pretty quick,” said Fred Hubacker, a managing partner of consulting firm Conway MacKenzie. “We wouldn’t be surprised to see some bankruptcies at all tier levels.”

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