GM may have to enter this situation and take a good chunk of Delphi back.

It really seems to infuriate a lot of Americans. They give the rich people that live on (bond) coupon clipping in resorts all over the world a full pass. But when some autoworker spends weeks...

They’re liquidating, they firing, they’re retiring. This is a GM that’s getting in shape much faster than it’s ever before, in any past restructuring.

This is an important first step in extending collaborative business practices and embracing globalization to ensure Michigan remains competitive in automotive technologies and labor education.

It’s our Category 5, our economic New Orleans.

So this brings up the natural question: Where the heck is the business? It’s really not developing here.

They’ve closed the productivity gap wonderfully, but they had to do so, because it’s the thing they could address.

Where there’s not sales growth in the market at all everything is market share, everything is price and it becomes particularly vicious. There’s no rising tides to lift any boats in this market.

As Ford gets smaller, Michigan will get smaller. One hundred thousand people left the state in the last two years, and this will accelerate in the wake of Monday’s announcement.

This marks the end of 20th-century industrial America and maybe, finally, the beginning of 21st-century industrial America.

It’s up to the UAW to make a counteroffer. Miller wants to see how far they’re willing to go.

The scariest picture in town is the Hyundai Sonata. It’s the best value in the automotive market. It has everything that a Honda Accord and a Toyota Camry has, and it’s built in Alabama.

There will be another burst of gypsy moves. GM will have to move another 20,000 to 30,000 in the next two to three years. You’re really going to have to get a lot of these...

Turning over an entire labor force has never happened on this scale.

The union talks a tough game, but I don’t think they’re going to let anyone walk out. Everybody is in the same lifeboat. They’re not going to start to fence with each other in a...

I don’t remember GM ever doing anything like this before, not firing people and putting them out on the street with a box. They were called ‘Mother GM’ for a reason.

Clearly, the dividend cut was overdue. It’s interesting that it only finally happened when (Jerome) York joined the board. The 50 percent dividend cut in the eyes of the union is a necessary action, it...

In Caterpillar’s time, replacement workers were seen as dirty pool by the union. That was kid gloves compared to bankruptcy.