Warns prolonged strike could disrupt parts supply.
The Boyd Group Income Fund (TSE: BYD.UN) yesterday commented on the potential impact of a prolonged General Motors (GM) labor strike on parts supplies..
“To date, the Strike has had no meaningful impact on our ability to source GM collision parts required to complete collision repairs on GM vehicles, however, should the Strike continue for a prolonged period of time, it is possible that GM collision parts supply could be disrupted in a way that could have a material impact on our short term results”, commented Brock Bulbuck, CEO of the Fund.
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