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Delphi Files For Bankruptcy in The US
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PJ
 


Member Since: 19 Oct 2005
Location: East Sussex
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Delphi Files For Bankruptcy in The US

Looking through some of the threads it seems this company made the compressors, not sure if this is the same group (parent company) or different from UK. This info came up on one of the finacial sites recently, not sure if it will have any impact, time will tell.
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Post #2488325th Oct 2005 8:48 pm
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Gareth
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They make the suspension units also.
  
Post #2488625th Oct 2005 9:23 pm
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Martin
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http://news.bbc.co.uk/1/hi/business/4323854.stm

BBC News wrote:

Delphi Corp, the largest auto parts supplier in the US, has filed for bankruptcy protection.

[Delphi] is the biggest US car industry firm ever to seek Chapter 11 protection.

....

Chapter 11 gives US companies time to rearrange their finances while still conducting business.

It also allows them to use the bankruptcy courts to enforce proposed changes to labour agreements.

Basically they're not bankrupt in the UK sense of the word Rolling Eyes
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Post #2488825th Oct 2005 9:28 pm
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PJ
 


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Hello Martin, Yes but there's no guarantee I seem to recall one of the US airlines starting here & is now no longer an airline.
 TDV6 2004 Auto Zambezi Silver Badged SE not quite an S with Nav & Rear DVD  
Post #2489125th Oct 2005 9:39 pm
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Martin
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True Confused
 06 D3 SE / 15 LR D90 XS SW / 88 LR 90 Td5 / 68 BMW 2000 ti
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Post #2489225th Oct 2005 9:43 pm
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Guy
 


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PJ wrote:
Hello Martin, Yes but there's no guarantee I seem to recall one of the US airlines starting here & is now no longer an airline.


United, Delta and Continental are all (I believe) currently operating in Chapter 11...
  
Post #2489925th Oct 2005 10:44 pm
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10forcash
 


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Guy wrote:
PJ wrote:
Hello Martin, Yes but there's no guarantee I seem to recall one of the US airlines starting here & is now no longer an airline.


United, Delta and Continental are all (I believe) currently operating in Chapter 11...
must be a bloody good book then.... don't they all die in the end? Wink  
Post #2490325th Oct 2005 10:55 pm
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Guy
 


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10forcash wrote:
must be a bloody good book then.... don't they all die in the end? Wink


Damn, you've spoilt it now... Very Happy
  
Post #2490525th Oct 2005 10:57 pm
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10forcash
 


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Guy wrote:
10forcash wrote:
must be a bloody good book then.... don't they all die in the end? Wink


Damn, you've spoilt it now... Very Happy
it was only a question Embarassed maybe one of them survives and marries the cousin of the other two (well its the US way Rolling Eyes )  
Post #2490725th Oct 2005 10:59 pm
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Rolling with laughter Rolling with laughter
  
Post #2490925th Oct 2005 11:01 pm
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PJ
 


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Nice one,
 TDV6 2004 Auto Zambezi Silver Badged SE not quite an S with Nav & Rear DVD  
Post #2491926th Oct 2005 7:57 am
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