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Delphi chap 11?

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Old Oct 10, 2005 | 05:01 PM
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Default Delphi chap 11?

How will Delphi's recent chapter 11 status affect the C5 and ongiong production of theC6/ZO6?
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Old Oct 10, 2005 | 05:43 PM
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I'm glad I didn't buy thier stock!!
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Old Oct 10, 2005 | 06:32 PM
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Won't affect MY C5 at all!! Hopefully they'll have it all worked out by the time I drive mine until the seat falls through the chasis and I reluctantly decide to buy a C6,7, or 8!

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Old Oct 10, 2005 | 06:40 PM
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Originally Posted by GMvert
How will Delphi's recent chapter 11 status affect the C5 and ongiong production of theC6/ZO6?

No one, at least those that are speaking, is talking

Overall, it should have minimal impact. Much of Delphi manufacturing capability is overseas (I think it is the majority, but cannot fine the article to verify).

The long term affects could be very severe - will just have to wait it out and hope for the best.
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Old Oct 10, 2005 | 06:46 PM
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How about a little background information for thoes of us who dont know whats going on here?
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Old Oct 10, 2005 | 06:56 PM
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Originally Posted by NAVY08
How about a little background information for thoes of us who dont know whats going on here?
Delphi filed for brankrupcy. Go to there web site to find out how BIG they are. www.delphi.com They are a major auto/tech supplier to GM.
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Old Oct 10, 2005 | 06:58 PM
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Originally Posted by NAVY08
How about a little background information for thoes of us who dont know whats going on here?
http://www.freep.com/news/statewire/...7_20051008.htm
http://www.freep.com/money/autonews/...e_20051010.htm

It's not pretty folks...the Motor City unions are getting a major ***** in thier armor.... the financial ramifications to the economy in Michigan will be huge. Unions can no longer demand anything or hold out for concessions with a global economy. It was just a matter of time before this happened.
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Old Oct 10, 2005 | 09:38 PM
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Originally Posted by Face
I'm glad I didn't buy thier stock!!
I did and wish I didn't!!!!!!!!!!!!!!
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Old Oct 12, 2005 | 01:15 PM
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Just like United airlines & Delta and countless others, they will contiune in business, it's just the latest business school trick to screw those who work for these outfits and makes management millions. I'm so glad I am in business on my own.
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Old Oct 12, 2005 | 01:31 PM
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let's all play here...

http://forums.corvetteforum.com/show...19&forum_id=88
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