GM dispute, fallen demand lead wheel supplier to bankruptcy.

Accuride Corp., a Livonia-based wheel supplier for semitrucks and passenger cars, has filed for bankruptcy with $486 million in debt due to an unprofitable contract with General Motors and decreased demand. The company aims to restructure and shed debt through Ch. 11 bankruptcy protection in the U.S. and Canada. Accuride's bankruptcy filing lists various creditors, including Matalco Inc. and C Thorrez Industries Inc., with debts ranging from $1 million to $22.8 million. [Extracted from the article]