The government will consider helping out parts suppliers if they are seriously hurt by General Motors Corp.'s likely bankruptcy, trade minister Toshihiro Nikai said Friday.
Nikai is closely monitoring how domestic manufacturers may be affected if GM collapses and said the government "must consider measures" if there are any signs of serious trouble, according to a Ministry of Economy, Trade and Industry official.
A person familiar with GM's plans has said it was "probable" that the Detroit-based automaker would seek bankruptcy protection on Monday. The person didn't want to be identified because the plans were still being discussed by the U.S. and Canadian governments.