Delphi Bankruptcy and its affect on GM

[Dave-S]

To say GM is going thru hard times right now is probably a big understatement. The Delphi bankruptcy just adds another new twist to the whole situation. In case any of you are follwing the developments here are two interesting stories from the Detroit Free Press today.

http://www.freep.com/money/autonews/...e_20051011.htm

http://www.freep.com/money/autonews/gm11e_20051011.htm

[alenstein]

I think Delphi relied too heavily on GM, they shouldve pursued other parts of the market as manufacturer.

Also let us not forget that GM recently sold its stakes in Subaru to Toyota!, for less what they paid for it.

[Steel2686]

I think Delphi relied too heavily on GM, they shouldve pursued other parts of the market as manufacturer.

Also let us not forget that GM recently sold its stakes in Subaru to Toyota!, for less what they paid for it.

They actually did branch out a bit. They were the sole makers of the XM Radio boom box and components. I have a Delphi box and head unit. It's really well made. Too bad to see they are going bankrupt.