You are here: Forums Automotive News & Views Delphi Restructuring A Key To The Industry?

Delphi Restructuring A Key To The Industry?

470 messages,  Last post on Jan 10, 2008 at 3:43 AM

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

What is this discussion about? Automotive News

Messages Page 2 of 47 1 2 3 4 5 6 7 ... 47 Prev Next Last

Go To Msg # Search This Discussion

#11 of 470 Things DO change by pf_flyer HOST Nov 19, 2005 (6:35 am)
Companies, even big ones, do go away. Look at the sale of AT&T that was just approved. AT&T arguably was the ENTIRE telephone industry, and now basically doesn't exist.   If the threat is to strike at Delphi and bring the whole shebang down, the UAW might want to rethink that. Something WILL come up to fill the void. Cars aren't going anywhere anytime soon. Our needs and desires for cars isn't going anywhere either. So if by some circumstance you forced GM to not reopen for business on Monday, if all the dealers scrapped their vehicles and closed down, the market would move on.
#12 of 470 Horrible example ? by beliver Nov 19, 2005 (8:38 am)
Yep,Cuba has gotten along quite well without GM for what, the last 40 years or so. LOL !   believer
#13 of 470 Here's another thing to consider, though... by iluvmysephia1 Nov 19, 2005 (9:31 am)
GM has reportedly been financed or helped along by their financing arm, GMAC. GM's own financial rating is being junked further downward all of the time. How long will GMAC bail them out?   Or, is GMAC bailing them out? Anybody know more of the specifics on this issue? I and probably 400,000 other Americans would like to know more about it.   This Delphi strike(or non-strike)will be interesting to hear about. I mean, how long have we heard about GM not being able to afford retiree health benefits or even health benefits for current employees? Something's got to give, eh?
#14 of 470 OK, by jae5 Nov 22, 2005 (4:00 pm)
let's say Delphi and the UAW can't agree on concessions, the Dec. 16th deadline comes and wham, contracts are voided. What do any of you think will happen next?   Does anyone think there will be a flood of walk-outs and that Miller & crew will find quick replacements of the "skilled" / "unskilled" workers?   What would the replacements want/take in pay & benefits, particularly the skilled workers?   Do you think they can regain the knowledge-base quickly and efficiently that they will lose?   Is Delphi going to be the new symbol of China / India / wherever? And will this cause a ripple effect throughout the industry? Is Visteon to follow suit?   How will this effect parts / quality / logistics? for GM and their other customers? I mean, it's obvious Miller's mantra is to get the cheapest labor he can get and doesn't seem to be taking into account the ill-effects of going that route.   Just curious to how the board feels about these things.
#15 of 470 Today's Delphi news by pf_flyer HOST Nov 23, 2005 (10:34 am)
http://biz.yahoo.com/ap/051123/delphi_uaw.html?.v=2   United Auto Workers Union Objects to Delphi's Severance Plan for Salaried Staff Replies to this message: jae5 (Dec 01, 2005 10:25 am) imidazol97 (Dec 01, 2005 11:30 am)
#16 of 470 Re: Today's Delphi news [pf_flyer] by jae5 Dec 01, 2005 (10:25 am)
Replying to: pf_flyer (Nov 23, 2005 10:34 am) Don't believe people know this forum exists. I would thought many from the "Can GM Survive..." board would have transitioned to this one. Replies to this message: imidazol97 (Dec 01, 2005 11:30 am)
#17 of 470 Re: Today's Delphi news [jae5] by imidazol97 Dec 01, 2005 (11:30 am)
Replying to: jae5 (Dec 01, 2005 10:25 am) The hosts said in GM discussion that they would be splitting it into 4 or 5 separate topics. I haven't seen those posted. Just those aggravating blogs they try to lead me to. I prefer the discussions.   Only way to get this noticed to have enough posts to make it to the 10 most active discussions that shows on the landing page. Low one today is 9 posts; high, 37.
#18 of 470 Patience by pf_flyer HOST Dec 01, 2005 (12:54 pm)
Saturday is going to be the day those new topics will appear. Here's a copy of the announcement that was posted:   The GM discussion has become a monster (similar to GM - how ironic) with the core focus of what was being discussed. There are some excellent themes that I think could be discussed deeper if not ebbing and flooding onto Toyota/Lexus or other non-GM items.    Here's the plan - this week (Mon-Fri) we have the GM story angle of the day. I'll post the item here with a link over to the entry and you can comment on the specific angle there. That will give you a place to post about GM in a more focused/themed area.    On Saturday - after we've had a chance to catalogue and come up with 5 or so good themes for all of you to chew on - we'll create 5+ new discussion. Discussions that are really at the heart of the GM issue, other domestic players and marketshare.    Here's the link to a bunch of GM news items to post about. http://blogs.edmunds.com/Straightline/category/cat.GeneralMotors So we're just about there! Replies to this message: jae5 (Dec 01, 2005 1:57 pm)
#19 of 470 Re: Patience [pf_flyer] by jae5 Dec 01, 2005 (1:57 pm)
Replying to: pf_flyer (Dec 01, 2005 12:54 pm) Just wondering. Been looking at the blogs too. Here's something I found interesting in terms of the Delphi BK:   Bankruptcy fees
#20 of 470 Re: This may sound rude [iluvmysephia1] by rockylee Dec 10, 2005 (5:16 am)
Replying to: iluvmysephia1 (Nov 18, 2005 3:49 pm) Well in Delphi's case, The workers would be satisified with a pay cut of a third. Miller wants 60%. My father said he'd take $18 an hour, so long as he got to keep his pension.   GM/Delphi's best solution would be to pay the workers around $17-18 an hour, with fair profit sharing bonuses to keep productivity up. Go to a enhanced 401 K for future workers to help eliminate legacy costs, and put X amount of dollars to help with retirees insurance premiums. (GM is doing this right now) This way the employees can live off of that fund for health insurance, and it could be self supportive fund. ex. look at the GE pension fund.....It has something like $28 Billion in it. It makes a butt load of money, by itself. So it is a realistic way to give employees insurance during retirement, so long as management doesn't rob and deplete it by giving themselves golden parachutes if they don't do their jobs.   Rocky

Messages Page 2 of 47 1 2 3 4 5 6 7 ... 47 Prev Next Last

Go To Msg # Search This Discussion

You are here: Forums Automotive News & Views Delphi Restructuring A Key To The Industry?