“GM has been cutting back on production for a while now and that has meant losses for Delphi. This could be the same case with smaller parts makers if GM is a big customer.”
“We are very interested in Delphi and we are closely following the development of its bankruptcy.”
“Delphi is really important for us. If it runs into problems, it could hurt us, too.”
“Delphi has essentially said: 'We need competitive wages.' Those wages currently are being set in China, not Flint, (Michigan).”
“Obviously, that doesn't endear Delphi to the union.”
“(Delphi) is one of the chief things that was holding GM up and causing fears of bankruptcy. On Broad and Wall there's a collective sigh of relief.”
“We're waiting now to see who blinks first. If Delphi shuts down it brings GM to its knees because GM has no secondary sources to fill the parts pipeline it needs to keep going.”
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