Delphi, the car components firm spun-off from General Motors (GM), has emerged from chapter 11 bankruptcy proceedings in the US.
The company is now little more than a shell of its former self after five core facilities were placed into the “New GM” as part of the US government backed rescue of the firm.
Delphi is now left in a position where much of its remaining operation is likely to become redundant as GM closes down production lines on a huge scale during its own bankruptcy reorganisation.
Delphi may now have to continue selling assets in order to stay afloat, possibly divesting itself of entire divisions such as Delphi Diesel Systems which has three plants in Britain.
Workers at Delphi Diesel Systems are worried that a sell off may lead to consolidation and further job losses.
Vauxhall’s Ellesmere Port plant is under threat after Magna’s takeover of GM.
This threatens Delphi’s Kirkby plant as most of the parts manufactured there are delivered straight to Ellesmere Port.
This level of uncertainty is not restricted to workers at Delphi. Tens of thousands of car workers have been left in the dark over their future.
The response of union leaders has been disappointing. Unite union joint general secretary Tony Woodley has begged Labour’s arch-privatiser Peter Mandelson to “negotiate for Britain and British jobs”.
Yet the absurd outcome of such a ridiculous appeal to nationalism is a race to the bottom between workers in different countries with the bosses being the only beneficiaries.
The only way workers can defend themselves from this onslaught is to defend our jobs in every country.