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Delphi Restructuring A Key To The Industry?

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

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#391 of 470
Re: Haven't heard... [rockylee] by jae5
Jan 23, 2007 (10:34 am)
Reply

Replying to: rockylee (Jan 19, 2007 12:37 pm)

Know what you mean. It's been hard lately trying to keep up and I noticed everyone is trying to make a fast buck, instead of looking at things long term.
 
I'm the same way with the stocks, but have been looking at Ford. They've been low for a while, but don't watch the market enough. Plus I'm not sure if they're going to come up for a long, long, long time. So would definitely have to play the stock for the long haul.
#392 of 470
Re: Haven't heard... [jae5] by rockylee
Jan 23, 2007 (10:41 am)
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Replying to: jae5 (Jan 23, 2007 10:34 am)

If the turn-around plan works their stock should go up quite a bit by 09' which is the target date of profitability. The stocks I'd like to have my money in at this momment is Delphi, Ford, risky but could be very rewarding. GM, OTOH I think is a stable investment and one can make money if they are willing to wait 5-10 years IMHO.
 
Rocky
#393 of 470
Bush's health insurance plan could hurt UAW by rockylee
Jan 25, 2007 (3:24 am)
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http://www.freep.com/apps/pbcs.dll/article?AID=/20070125/BUSINESS01/701250304/10- - 14
 
The Bush Healthcare proposal will solve no problems for poor and middle class folks without. It's like pulling out a 10 foot pole and have the pole tied to the rabbits head and at the other end there is a fresh watery carrot.
 
That's about how much sense any of this makes.
 
Rocky
#394 of 470
Labor talks slow Delphi plans by rockylee
Jan 30, 2007 (12:59 pm)
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Bankrupt supplier, GM and unions likely to reach concession agreement in late Feb., well past deadline.
 
http://www.detroitnews.com/apps/pbcs.dll/article?AID=/20070130/AUTO01/701300343
 
Once UAW deal is settled then GM, can rest. They will get 7 million shares of stock which could really help GM, out in the future.
 
Rocky
#395 of 470
Delphi Corp. to sell brake hose unit by rockylee
Jan 30, 2007 (5:00 pm)
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http://www.detroitnews.com/apps/pbcs.dll/article?AID=/20070129/UPDATE/701290403/- - 1148/AUTO01
 
Rocky
 
P.S. Talked to dad today and he said Delphi Coopersville Fuel Inection plant is finally closed. It was built in 1985' and out of 500 new hires at the plant only 40 got to transfer. My aunt was one of them that got to flow into Delphi's Wyoming plant. The Wyoming plant is 1 of 9 that will stay open in the U.S. The Coopersville Injector plant was consolidated into one in Rochester New York. God, I can only pray John Edwards becomes president in 08'
#396 of 470
UAW protests exclusion from Delphi financing deal deadline by rockylee
Feb 01, 2007 (4:30 pm)
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http://www.detroitnews.com/apps/pbcs.dll/article?AID=/20070201/UPDATE/702010468
 
jae, this doesn't look good.....Have you heard anything else to this story ????
 
Rocky
#397 of 470
Macher resigns as CEO of bankrupt Collins & Aikman by rockylee
Feb 01, 2007 (4:44 pm)
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Associated Press
 
DETROIT -- Industry veteran Frank Macher has resigned as president and chief executive of Collins & Aikman Corp., as the auto supplier's Chapter 11 plan has shifted toward selling its assets.
 
Macher, a former Ford Motor Co. and Federal-Mogul Corp. executive, took the top job at plastics and fabrics supplier Collins & Aikman in July 2005, two months after it hastily filed for Chapter 11 with no plan and barely enough money to operate.
 
Macher arranged for customers to prop the company up with loans and price increases.
 
In a statement Wednesday, the company said Macher "concluded that a new structure for the leadership of the company would be appropriate as it executes the balance of its ongoing sale process."
 
http://www.detroitnews.com/apps/pbcs.dll/article?AID=/20070201/AUTO01/702010330/- 1148
 
Rocky
#398 of 470
Bankrupt Delphi loses $5B in '06 by rockylee
Feb 01, 2007 (5:29 pm)
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It gets more time for 'out-of-court' talks with unions
 
http://www.detnews.com/apps/pbcs.dll/article?AID=/20070201/AUTO01/702010350/1148- /rss25
 
Rocky
#399 of 470
Re: UAW protests exclusion from Delphi financing deal deadline [rockylee] by jae5
Feb 19, 2007 (10:35 am)
Reply

Replying to: rockylee (Feb 01, 2007 4:30 pm)

Hey Rock,
 
Sorry for the delay, just now just catching up to everything. I see the one GM board is finally done - thank goodness. I just stopped posting cause it was getting to be reall romper-roomy in there, very childish.
 
Anyway, it seems the "gang" tried to pull a fast one on the UAW with the non-inclusion of them in the deal. It's kind of crazy but I wonder who's idea it was to try to slip this past them without them scrutinizing the fine print.
 
Lately it's been pretty quiet - the calm b4 the storm? It's bad that the ChrysCo plant (Durango/Aspen) out east is going to take that hit. Man, that's tough.
#400 of 470
Delphi's Interiors by jae5
Feb 22, 2007 (3:30 pm)
Reply
Rock,
 
Seems that Delphi is shopping its interior components to potentials. I believe they have found a potential buyer, or at least this group is doing preliminary case study.
 
Does the sell-off begin?

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