10-08-2005, 10:36 PM
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#1
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14 Second Club
Join Date: Aug 2004
Location: RUM$ON, NJ
Posts: 2,308
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Delphi, the largest U.S. auto supplier, files for bankruptcy
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Delphi Corp., the largest U.S. auto supplier, filed for bankruptcy Saturday, sending shock waves through a U.S. auto industry already weakened by high labor costs and falling market share.
Delphi's bankruptcy, which is expected to result in plant closures and layoffs, is the largest ever in the auto industry. It is also the biggest in Michigan and the 13th largest in U.S. history based on assets, according to bankruptcy tracker New Generation Research Inc.
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__________________
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Originally Posted by The Fapist
K0ll is a hick and has a veritable fleet of 1980-early 90's GM vehicles :mullet:
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