Filing signals old ways no longer cut it; 'Let's now deal with it'.(Delphi Corp.'s bankruptcy protection, and auto industry analysis)

Crain's Detroit Business, October, 2005 by Barkholz, David

Byline: David Barkholz Crain News Service Delphi Corp.'s massive bankruptcy protection case signals the beginning of the end of traditional ways of doing business in Detroit. It poses an immediate threat, too. Any cutoff of the flow of parts to the North American auto industry could hasten the demise of many suppliers, and even threaten Delphi's largest customer and former parent, General Motors Corp.

Delphi maneuvered last week to make sure that doesn't happen. In the short run, Delphi continues to make and ship parts and its 2,000 U.S. suppliers kept shipping during the crucial first week of the largest bankruptcy in automotive history. But automakers, suppliers, and autoworkers are certain to see their numbers and their pay slashed dramatically before...