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Motor City madness.
- Source :
-
Canadian Business . 10/24/2005, Vol. 78 Issue 21, p39-40. 2p. 1 Color Photograph, 1 Chart. - Publication Year :
- 2005
-
Abstract
- The article reports that automobile supplies industry Delphi Corp. has filed for bankruptcy and questions whether automobile maker General Motors Corp. (GM) will file for bankruptcy next. CEO Robert Miller has been criticized for offering the senior management at Delphi a multi-million dollar retention package just days before proposing wage cuts for Delphi workers. The article discusses Miller's restructuring plans. It had been hoped that GM might rescue Delphi in order to ensure a stable supply base, since GM is Delphi's biggest customer.
Details
- Language :
- English
- ISSN :
- 00083100
- Volume :
- 78
- Issue :
- 21
- Database :
- Academic Search Index
- Journal :
- Canadian Business
- Publication Type :
- Periodical
- Accession number :
- 18725433