Automotive - GM Issues New Terms and Conditions - What Has Changed?

Tuesday, July 2, 2013

July 2, 2013

In this issue:

Supplier Alert: GM Issues New Terms and Conditions - What Has Changed?

On June 24, 2013 GM informed its suppliers that it was adopting new "General Terms and Conditions" ("New Terms"). The New Terms are a thorough re-write of the prior, 2011 GM terms indeed, it is closer to a new document than a modification of the prior document. Although many of the changes are only stylistic or organizational, there are also important substantive changes.

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