Delphi Delisted and Devastated in Debt

Delphi is delisted and in debt and having filed Chapter 11, one has to wonder what this means for the auto industry. In fact the financial analysts specializing in the United States automotive manufacturing industry are not painting a very rosy picture for the sector in the next few years. The States of IN, MI and OH are certainly worried as these problems will directly effect their economies, as the auto manufacturing is a huge employer of high paying jobs.

Delphi has been delisted after their stock was under thirty cents a share? So much for those laid off workers who had saved in company stock, it ain