What happend to the American Steel Industry? (user search)
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  What happend to the American Steel Industry? (search mode)
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Author Topic: What happend to the American Steel Industry?  (Read 2774 times)
Dave from Michigan
9iron768
Sr. Member
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Posts: 3,298
United States


« on: November 12, 2005, 02:36:07 PM »

when will GM go bankrupt  January maybe.  Has anyone been following this Delphi GM's fromer supplier which they spun off in 1999 has filled bankrupcy
they want to pay th workers 10 dollars an hour and make them pay more for healthcare.  Now the union workers and jioning together and  are very very pissed off and may strike when Delphi goes back in Dec I think to void the union contract.   Delphi supplies GM with over 50% of it's supplies.  If they strike it could shut down GM plants in north america is what I've heard.  Most analysis doubt GM can survive that. 
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Dave from Michigan
9iron768
Sr. Member
****
Posts: 3,298
United States


« Reply #1 on: November 12, 2005, 02:39:31 PM »

Not to mention come 2007 when the whole UAW contract is up of all the automakers there saying things could go very very bad.  Lots of union members feel whatever consessions Delphi gets is what the auto companies will want.  So it looks like there gearing up for a fight if it doesn't happen now it will in 2007.
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