Comments on: Delphi Re-Ups The Re-Org http://www.thetruthaboutcars.com/delphi-re-ups-the-re-org/ The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Tue, 24 Nov 2009 21:01:15 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: bumpy http://www.thetruthaboutcars.com/delphi-re-ups-the-re-org/comment-page-1/#comment-827912 bumpy Mon, 06 Oct 2008 23:34:18 +0000 http://www.thetruthaboutcars.com/?p=98491#comment-827912 "If GM does file, do the ‘Deathwatches’ officially end? Will they be replaced with ‘Re-birth’ watches? Or ‘Un-dead’ watches?" GM Liquidation Watch “If GM does file, do the ‘Deathwatches’ officially end? Will they be replaced with ‘Re-birth’ watches? Or ‘Un-dead’ watches?”

GM Liquidation Watch

]]> By: John Horner http://www.thetruthaboutcars.com/delphi-re-ups-the-re-org/comment-page-1/#comment-827831 John Horner Mon, 06 Oct 2008 23:03:28 +0000 http://www.thetruthaboutcars.com/?p=98491#comment-827831 Ford is looking smart for aggressively bailing out Visteon a few years ago by taking back weak product lines, obsolete factories and expensive workers. Visteon seems to be muddling through a restructuring without going chapter 11 and Ford doesn't seem to be in danger of loosing Visteon as a critical supplier anytime soon. Visteon is still a very sick company, but compared to Delphi it looks like an Olympic marathon champion! Depending upon how bad things get, the US government may have to start selectively bailing out "national champions" in key industries. Mashing the remaining US based auto companies into one behemoth, British-Leyland style, is not without question. The recent crisis has sounded the death knell for the "hands-off" governmental theory of the Reagan era. Today we have a Republican administration presiding over the de-facto (and in some cases actual) nationalization of many of the giants of the financial industry. If things continue to be bad you can expect that trend to grow even stronger. The pendulum is swinging back the other way at an ever increasing rate. Study the political and economic history of the period between the 1920s and the late 1930 to get a preview of just how sweeping the changes can be in times of crisis. Ford is looking smart for aggressively bailing out Visteon a few years ago by taking back weak product lines, obsolete factories and expensive workers. Visteon seems to be muddling through a restructuring without going chapter 11 and Ford doesn’t seem to be in danger of loosing Visteon as a critical supplier anytime soon. Visteon is still a very sick company, but compared to Delphi it looks like an Olympic marathon champion!

Depending upon how bad things get, the US government may have to start selectively bailing out “national champions” in key industries. Mashing the remaining US based auto companies into one behemoth, British-Leyland style, is not without question. The recent crisis has sounded the death knell for the “hands-off” governmental theory of the Reagan era. Today we have a Republican administration presiding over the de-facto (and in some cases actual) nationalization of many of the giants of the financial industry. If things continue to be bad you can expect that trend to grow even stronger. The pendulum is swinging back the other way at an ever increasing rate. Study the political and economic history of the period between the 1920s and the late 1930 to get a preview of just how sweeping the changes can be in times of crisis.

]]> By: ihatetrees http://www.thetruthaboutcars.com/delphi-re-ups-the-re-org/comment-page-1/#comment-827281 ihatetrees Mon, 06 Oct 2008 20:48:16 +0000 http://www.thetruthaboutcars.com/?p=98491#comment-827281 Well done, Mr Niedermeyer. With all the other financial mayhem, I'd forgotten about the Delphi deadline / meltdown. <i>If</i> GM does file, do the 'Deathwatches' officially end? Will they be replaced with 'Re-birth' watches? Or 'Un-dead' watches? How about 'GM Zombie Watch'! At least while they're in re-org mode... Or 'GM Pheonix Watch' if you wanna be optimistic. Well done, Mr Niedermeyer. With all the other financial mayhem, I’d forgotten about the Delphi deadline / meltdown.

If GM does file, do the ‘Deathwatches’ officially end? Will they be replaced with ‘Re-birth’ watches? Or ‘Un-dead’ watches?
How about ‘GM Zombie Watch’! At least while they’re in re-org mode…
Or ‘GM Pheonix Watch’ if you wanna be optimistic.

]]> By: Lichtronamo http://www.thetruthaboutcars.com/delphi-re-ups-the-re-org/comment-page-1/#comment-827111 Lichtronamo Mon, 06 Oct 2008 20:23:34 +0000 http://www.thetruthaboutcars.com/?p=98491#comment-827111 This is one of the reasons why the $25 Billion in loan guarantees is meaningless. This is one of the reasons why the $25 Billion in loan guarantees is meaningless.

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