Delphi Chief Sees Wage-Benefit 'Collision' ; Says U.S. Automakers Can't Sustain Labor Costs

Summary


Robert S. Miller, chairman and chief executive of bankrupt auto parts manufacturer Delphi Corp., said yesterday that car manufacturers and their workers are heading for a "historical collision point" over wages and benefits.

But Mr. Miller also sought to soften his message to company employees, alienated by his tough line on reducing hourly salaries, pension and health care costs.

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Extract


Delphi Chief Sees Wage-Benefit 'Collision' ; Says U.S. Automakers Can't Sustain Labor Costs

"They don't deserve this," Mr. Miller said of the approximately 50,000 hourly workers in the United States who are facing an unc...

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