Word: delphi
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Dates: during 2000-2009
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...drivers must make do with one side mirror. But it's not simply a stripped-down car. The shell was designed to be rigid with less material, and the body panels are made out of Japanese and Korean steel, giving the exterior a high-gloss look and feel. Delphi designed a streamlined instrument cluster that weighs just 14 oz. (400 g), compared to 2.2 lb. (1 kg) for the models it sells in North America and Europe. These and dozens of other refinements yield a car that weighs just 1,322 lb. (600 kg), less than half the weight...
...idea not simply because newspapers and magazines have been doing it for more than four centuries. It's also something they used to do at the dawn of the online era, in the early 1990s. Back then there were a passel of online service companies, such as Prodigy, CompuServe, Delphi and AOL. They used to charge users for the minutes people spent online, and it was naturally in their interest to keep the users online for as long as possible. As a result, good content was valued. When I was in charge of TIME's nascent online-media department back...
...Intense opposition from ordinary union members also delayed for several months a settlement with the bankrupt Delphi Corp., the component maker spun off by GM. The tussle with the union contributed significantly to Delphi's inability to put together a plan to emerge from bankruptcy ahead of the credit crunch...
Meanwhile, just to the north, in Kokomo, Ind., Rich Boruff, vice- president of the United Auto Workers local 685, is closely watching the developments. Kokomo boasts plants for Chrysler and one of the nation's largest auto parts suppliers, Delphi. So there is much at stake. Boruff and his troops have been calling and e-mailing their Congressional representatives, urging them to support a bailout for the major automakers. The consequences of a bankruptcy declaration from either of the Big Three, he fears, are just too severe. "It'd kill us," he says...
...North American manufacturing plants and at least 4,000 so-called Tier 1 suppliers - firms that feed parts and subassemblies directly to those plants. That includes mom-and-pop outfits but also a dozen or so large companies such as Lear, Johnson Controls and GM's former captive Delphi. Beyond those are thousands of the suppliers' suppliers...