Auto Industry Consultant Says "No Soft Landing" for Delphi
Consultant Patrick Anderson of Anderson Economic Group in Lansing Michigan says Ohio will likely be the state hardest hit by Delphi efforts to reorganize- including the possible closure of four plants and the loss of more than 47-hundred jobs.
Anderson says, an estimated 10-billion dollars in losses to the U-S and Canada and a serious blow to the entire Midwest economy are the best possible outcomes of Delphi's bankruptcy. Delphi operates a parts assembly plant on the Columbus west side.
About 200 Ohio workers would be affected by a plan Delphi Corporation reportedly is considering to overhaul its electronics and safety unit.
According to a document obtained by the Detroit News, Delphi's tentative plan calls for getting rid of seven plants and seven technical centers. A Delphi spokeswoman says the document obtained by the newspaper is just a draft and may not reflect current planning.