Delphi goes on its own

Article Abstract:

General Motor's spin-off of Delphi Automotive Systems was finalized on May 28, 1999. The spin-off presents advantages and disadvantages to both firms. GM will lose $5 billion in revenues but will be able to focus on its core businesses. Delphi is still assured of $20 billion a year in GM contracts but GM will now be accessible to Delphi competitors. Delphi has an annual income of $28.5 billion and is ranked the US's 36th largest company.

Asset sales & divestitures, Organizational history, Motor Vehicle Parts Manufacturing, Motor Vehicle Parts, General Motors Corp., Delphi Corp.

---

Practically alone at the top

Article Abstract:

The US auto industry's Big Three are found to have only 14 women executives, compared with 186 male corporate officers. This number is said to be an improvement from the 1990s, but the three automakers are still working to employ more qualified women in the industry. There are 8% female executives in the car industry and none has taken a position higher than a senior vice president.

Executive changes & profiles, Automobile and Light Duty Motor Vehicle Manufacturing, Motor Vehicles

---

Similar abstracts:

• Abstracts: Chrysler may help develop a minivan for Mercedes. GM goes global for parts to get plants running. GM targets resources at key plants
• Abstracts: GM shops suppliers for spare parts. GM pushes for deal, but progress is slow
• Abstracts: GM modular assembly plan yanks union's chain. GM finalizes plans for Delphi spinoff
• Abstracts: Fraud probe faults former Cendant execs. Cendant chairman, allies quit. Potential conflict of interest bruises Cendant
• Abstracts: Senate bans most Internet gambling. 2 deals today could make it easier to get music on line. Recording industry's new spin: 'we're past' on-line piracy fears

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.