Autoworkers Monitor Delphi Bankruptcy
By Alabama Public Radio
Undated – The bankruptcy of Delphi Corporation is being closely watched by industry analysts and autoworkers who say it could change the face of the U-S auto industry. That bankruptcy could likely increase the pressure to produce cheaper auto parts overseas and force unprecedented cuts in union wages and benefits. Delphi is the largest U-S auto supplier. It filed for bankruptcy Saturday and is expected to slash jobs and wages and close many of its 31 U-S plants. It's unclear whether Delphi's four plants in Alabama are in immediate danger. Those plants are located in Athens, Cottondale and Gadsden.