| |
| |||||||
| The Pit General Automotive topics. |
| Welcome to the Curb Zone. You are currently viewing our site as a guest which gives you limited access to view and access most features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!. |
 |
| | LinkBack | Thread Tools | Display Modes |
11-22-2005, 09:10 AM
| #11 (permalink) |
| Expert  Join Date: Sep 2005 Location: Sweden
Posts: 12,612
Thanks: 741
Thanked 2,035 Times in 1,028 Posts
  | Re: GM Bankruptcy Fears Rising on Wall Street GM to Cut 30,000 Jobs, Close 9 Plants - ONLY REGISTERED AND ACTIVATED USERS CAN SEE ALL LINKS - CLICK HERE TO REGISTER |
|         |
|
Advertisement
| Sponsored links |
|
11-22-2005, 09:18 AM
| #12 (permalink) | |
| Bionic Jive   Join Date: Sep 2005 Location: Where noone has gone before...
Posts: 9,160
My Mood:  Thanks: 1,422
Thanked 1,587 Times in 962 Posts
| Re: GM Bankruptcy Fears Rising on Wall Street Quote:
  | |
|
| |
|
11-22-2005, 05:11 PM
| #13 (permalink) |
| Fanatic  Join Date: Oct 2005 Location: Australia
Posts: 1,285
Thanks: 96
Thanked 77 Times in 52 Posts
| Re: GM Bankruptcy Fears Rising on Wall Street This is a BIG deal for the entire automotive industry. Delphi, which is a spin off from GM is already operating under chapter 11 Bankrupcy. Delphi is a HUGE parts supplier and supplies many componenents to even the germans. If GM were to allow Delphi to collapse completely, there are going to be production problems all over the world, and not just in GM factories. I dont see any joy in that Yannis, let alone the thousands upon thousands of people who will lose their jobs (Way beyond what would be lost through restructuring and costs cutting), retirment benefits and health plans.  |
|
| |
|
Advertisement
| Sponsored links |
Linear Mode
