Avtorentacar.com presents you “Delphi Delisted and Devastated in Debt”, an article written by Lance Winslow. We hope you’ll find a lot useful information in here.
Avtorentacar.com will present you every article we find interesting and educating, and which has no copyright protection. If available we’ll link the source.
Delphi is delisted and in debt and having filed Chapter 11, one has to wonder what this means for the auto industry. In fact the financial analysts specializing in the United States automotive manufacturing industry are not painting a very rosy picture for the sector in the next few years. The States of IN, MI and OH are certainly worried as these problems will directly effect their economies, as the auto manufacturing is a huge employer of high paying jobs.
Delphi has been delisted after their stock was under thirty cents a share? So much for those laid off workers who had saved in company stock, it ain’t worth much now. Delphi will attempt to restructure its dept and reorganize, but thing are not looking so hot. In fact since Delphi was spun off from General Motors in 1999 it has been a roller coaster ride. General Motors remains Delphi’s largest customer. Which creates a whole new problem, in that what about General Motors and their financial condition. This might be problematic for our Nation, as it has been previously uttered that; “What is good for General Motors, is good for America.”
| Avtorentacar recommended article: Jeep Fog Lights and Other Replacement Performance Jeep Parts When we speak of off-roading, one brand comes to mind too quickly, Jeep. This automobile marque of DaimlerChrysler carries an outstanding reputation for building tough and dependable off-road vehicles since the World War II when it was first used by the US army. The name “Jeep” almost got synonymous with “off-road” that even other vehicles used in farms were referred to as Jeep. Jeep parts carry the same reputation as well. For such a dependable vehicle to withstand the dangers and difficulties of driving off-road and in worst conditions, highly dependable and hard-wearing parts are needed. Thus, it becomes a constant and rational requirement for a Jeep to have only the best replacement auto parts that could match its impressive off-road driving capabilities. |
Delphi is the largest auto supplier in the North America; some say the world. Delphi’s employment base and plants employ thousands of people in many states. This is a serious issue for the auto sector, which already has given up 3% market share recently to the Japanese Automakers due to the high costs of fuel and renewed demand for small and more efficient vehicles. Think on this.
|
Lance Winslow - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs/ |
Keywords assigned to this article by Avtorentacar: delphi bankruptcy, gm, general motors, auto manufacturing, automakers, japanese, fuel costs
| Avtorentacar recommended article: How to Save Money on Auto Supplies and Parts One of the most expensive purchases you will make in your lifetime after your home is the purchase of a new vehicle. Indeed, over your lifetime you may end up paying more for several vehicles then what you paid for one home. Once your car is paid off you will soon start to encounter a growing number of repairs that must be done in order to adequately maintain your car. At some point it may simply be better to purchase a new car instead of putting up with repairs. However, if you are interested in keeping your older car longer than let's look at some tried and true ways you can save money on auto supplies, parts and accessories. The Junkyard – You can save a mint by visiting your local salvage yard for a “new” bumper or a replacement radiator. True, you could buy these items new but you'll pay a bundle for each part. The more common your model, the more likely your junkyard has what you want. Best of all, many modern day yards computer inventory all of their salvaged vehicles so a simple call to the yard can reveal whether that model is there or not. |