Miller really has to take three hard decisions: First, Miller should convince GM to rescue Delphi; given the legacy they hold. If that fails, he should follow the examples of airline companies in the US and file for bankruptcy to get the UAW off his back. That will provide temporary respite. But in the long run, Miller can salvage Delphi only if he can drastically reduce the company’s dependence on Detroit and find new buyers in Asia.
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Source IIPM Editorial:- 2006