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delphi automotive

Delphi car
Marco Verch, https://goo.gl/3xb6Mt / Flickr - http://j.mp/1SPGCl0

Re-inventing the future by reckoning with the past and dealing with the realities of the present.

Detroit News business columnist Daniel Howes says that's what we're seeing with a major change in the big auto supplier Delphi.

Quentin Kruger / Wikimedia Commons

Robert "Steve" Miller is back in town.

The former Chrysler exec known as "The Turnaround Kid" is running International Automotive Components. 

It's been nearly 10 years since Miller and the Delphi directors decided to file for Chapter 11 bankruptcy - making Delphi an American company in name only. 

The reaction at the time was instantaneous and loud. 

Quentin Kruger / Wikimedia Commons

It could have been a story of a company's ruin following a bankruptcy in 2005.

Instead, Delphi Automotive is "a Wall Street love story" -- but at what cost to its American workforce?

After U.S. bankruptcy, the automotive parts manufacturing company moved its headquarters from Troy to the U.K.