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Automotive News & Views 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
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but the above discussion is true. You can't squeeze money out of a turnip forever. Eventually you're going to have to give the public a good product, a product that pays off for them to buy. GM is not doing this. They're ignored the car market for too long to catch up. Big ugly trucks and SUV's shouldn't be enough to save GM. Why people are even buying them is the biggest mystery to me. Pay cuts? I'm afraid that time has come for you, GM workers. You're getting great health care benefits that your company can't afford to give you anymore. Volunteer to take 1/3'd less salary now, before it's too late. Yeah, I know, you can always work in a video store or a phone marketing job, you don't need to worry about it. Right. 
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What I saw yesterday pretty much sums up what is happening or about to happen. Guy stocking shelves  Wal_Mart with Christmas merchandise. He had on a UAW t-shirt "solidarity forever" emblazoned across the back. Got to talking to him. He said he did not work for GM or any other UAW unionized firm. Found the t-shirt in the dumpster behind his apartment. I guess that just about sums it up for the unions in this country, like it or not. He said he was a retired postal worker and just worked WM to pass the time. I later saw him driving a new Toyota Avalon !! believer |
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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. |
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Yep,Cuba has gotten along quite well without GM for what, the last 40 years or so. LOL ! believer |
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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? |
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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. |
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http://biz.yahoo.com/ap/051123/delphi_uaw.html?.v=2 United Auto Workers Union Objects to Delphi's Severance Plan for Salaried Staff
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Replying to: pf_flyer (Nov 23, 2005 10:34 am)
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Replying to: jae5 (Dec 01, 2005 10:25 am) 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. |
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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!
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