Delphi files for bankruptcy

TTA89 · 10-10-2005, 03:55 PM

http://money.cnn.com/2005/10/10/news...ex.htm?cnn=yes

The biggest auto parts maker? What do they make? Nothing for GM cars older than 10 years!

GM Isn't far behind IMO.

"the chances that GM will have to file for bankruptcy are now up to about 30 percent, according to one industry analyst, following the Delphi bankruptcy filing."

Maybe if that happens they will fire all the execs and project leaders. I wonder what focus groups these people use when they build a new car?

Zap · 10-10-2005, 04:00 PM

Delphi has $27.00 an hour wages for their union employees. I read they want them to take a pay cut to 12.00 bucks an hour or they are going to move (I'll let you guess where to).

Car sales for GM is not the problem...it's retiree benefits and pensions and salaries. Hello China......

JohnLarkin · 10-10-2005, 08:58 PM

Like $3 b-b-billion dollars annually. Man that's alot of dough.

Yullose · 10-10-2005, 09:52 PM

You can thank the unions for running the automakers into the dirt.

Any union shop I've ever seen had nothing but lazy, overpaid, underworked, talentless minorities and elderly people in them. I was always the outcast in those shops because I actually showed up to work, and unlike most, I knew what I was doing and actually earned what I was being paid. I also don't agree with the way my union dues were contributed towards election campaigns, supporting someone I'd vote against.

Unions have long outlived thier usefullness, and I fully support any business decision to move to another area to dump the union. (Provided they stay in the US)

The union has run several companies in my area into the dirt and put thousands of people out of work. Dana corp is the first that comes to mind.

ajt86 · 10-10-2005, 10:10 PM

damn if you say the word union in my shop your fired within the week, even though its illegal to fire somone for trying to make a union- they can find somthing else to fire you for if they dig through enough paper work

im happy though i hate unions

JOHNZAZA · 10-10-2005, 10:10 PM

The automotive parts industry is a tought one.

I dont understand how north american bog three are doing so bad,

yet company's like MAGNA are posting record profit's.

Makes you wonder who run's who!

1of1547 · 10-11-2005, 10:25 AM

Quote:

Originally Posted by Yullose

The union has run several companies in my area into the dirt and put thousands of people out of work. Dana corp is the first that comes to mind.

Caterpillar of York PA. comes to my mind.

Grumpy · 10-11-2005, 10:53 AM

Quote:

Originally Posted by Yullose

You can thank the unions for running the automakers into the dirt.

Any union shop I've ever seen had nothing but lazy, overpaid, underworked, talentless minorities and elderly people in them. I was always the outcast in those shops because I actually showed up to work, and unlike most, I knew what I was doing and actually earned what I was being paid. I also don't agree with the way my union dues were contributed towards election campaigns, supporting someone I'd vote against.

Unions have long outlived thier usefullness, and I fully support any business decision to move to another area to dump the union. (Provided they stay in the US)

The union has run several companies in my area into the dirt and put thousands of people out of work. Dana corp is the first that comes to mind.

I worked for a union years ago

they couldn't fire me

got yelled at for going to fast !!! short an sweet Union's suck

10-10-2005, 03:55 PM	#1 (permalink)
TTA89 I want a Z06 Join Date: Sep 2000 Location: Pahk the Cah Posts: 5,993	Delphi files for bankruptcy http://money.cnn.com/2005/10/10/news...ex.htm?cnn=yes The biggest auto parts maker? What do they make? Nothing for GM cars older than 10 years! GM Isn't far behind IMO. "the chances that GM will have to file for bankruptcy are now up to about 30 percent, according to one industry analyst, following the Delphi bankruptcy filing." Maybe if that happens they will fire all the execs and project leaders. I wonder what focus groups these people use when they build a new car? __________________ -Mike I used to own fast cars

10-10-2005, 04:00 PM	#2 (permalink)
Zap Boorn Looser Join Date: May 2001 Posts: 21,226	Delphi has $27.00 an hour wages for their union employees. I read they want them to take a pay cut to 12.00 bucks an hour or they are going to move (I'll let you guess where to). Car sales for GM is not the problem...it's retiree benefits and pensions and salaries. Hello China...... __________________ With ten nurses knocked out in just the first week, Steve Monroe realized that building the Old Boxers home next to the bell factory wasn't such a great idea Join the NRA Last edited by Zap : 10-10-2005 at 04:04 PM.

10-10-2005, 09:52 PM	#4 (permalink)
Yullose Certified gun nut Join Date: May 2005 Location: Mooresville, NC Posts: 1,389	You can thank the unions for running the automakers into the dirt. Any union shop I've ever seen had nothing but lazy, overpaid, underworked, talentless minorities and elderly people in them. I was always the outcast in those shops because I actually showed up to work, and unlike most, I knew what I was doing and actually earned what I was being paid. I also don't agree with the way my union dues were contributed towards election campaigns, supporting someone I'd vote against. Unions have long outlived thier usefullness, and I fully support any business decision to move to another area to dump the union. (Provided they stay in the US) The union has run several companies in my area into the dirt and put thousands of people out of work. Dana corp is the first that comes to mind. __________________ '87 GN...(SOLD Fall '07) Best ET: 10.95@122...1.54 60ft...(25psi/C16) NO Nitrous...NO Alky...On a STOCK UNOPENED LONGBLOCK...PT6776e...PTE FMIC...MSD50's...Razors Dual nozzle Alky system...Turbotweak chips...Big Mouth cold air kit...LS1 MAF...Trans+...TH400w/transbrake...10"/3000converter...100HP NOS kit . Last edited by Yullose : 10-10-2005 at 09:55 PM.

10-10-2005, 10:10 PM	#5 (permalink)
ajt86 Registered User Join Date: Mar 2005 Location: Sicklerville, NJ Posts: 2,324	damn if you say the word union in my shop your fired within the week, even though its illegal to fire somone for trying to make a union- they can find somthing else to fire you for if they dig through enough paper work im happy though i hate unions __________________ Traenkner Performance Tunes Tuning most 98-present GM PCMs, including solstice/sky turbo, d-max, LS1, LS2, 3800 platform, S-T truck, CK truck, ford mustang 05-07 plus ford F-150 04-07 and more.... Performance or Economy tunes available

10-10-2005, 10:10 PM	#6 (permalink)
JOHNZAZA Registered User Join Date: Feb 2004 Location: Mississauga Posts: 547	The automotive parts industry is a tought one. I dont understand how north american bog three are doing so bad, yet company's like MAGNA are posting record profit's. Makes you wonder who run's who! __________________ Car is sold 0.30 block,RJC girdle,83lbs injectors, 3400 converter, and all the S**T that makes you run fast! Canada's Fastest stock windshield wiper motored car.(title holder) As well as stock tail lamps bulbs. Beat that!

10-10-2005, 08:58 PM	#3 (permalink)
JohnLarkin It's me, really Join Date: Jul 2002 Location: Indy Posts: 1,777	Like $3 b-b-billion dollars annually. Man that's alot of dough.

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