Delphi, the largest auto parts maker in the United States, lost $2.4 billion last year

frozenviolet

Delphi, the largest auto parts maker in the United States, lost $2.4 billion last year [Copy link]

Delphi Corporation, the largest auto parts manufacturer in the United States, released a report on the 11th saying that the company's losses last year reached 2.4 billion US dollars, but it was half of the loss of 4.8 billion US dollars in 2004.

　　Delphi is the largest parts supplier to General Motors. In its report, the company attributed the huge losses it suffered last year mainly to factors such as General Motors' declining car production and rising raw material prices.

　　In recent years, the market share of American car companies has continued to shrink under the pressure of foreign companies, and Delphi's operations have become increasingly difficult. The company was forced to file for bankruptcy protection in October last year. However, Delphi's huge overseas operations were not included in the bankruptcy application.

　　Delphi's operating results for last year were delayed until now because of negotiations with General Motors and labor unions over wage and benefit cuts.

chewang

In the past two years, Japanese cars have occupied most of the market, and it is not easy for the United States to survive

aiqinghai

European cars also occupy a large market, not just Japanese cars. I would never buy a Japanese car.