| BUSINESSWEEK ONLINE : MARCH 22, 1999 ISSUE | ||||||||
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| READERS REPORT
Even Without Delphi, GM's Sales Will Still Be Huge While ''In fourth gear, Ford heads for first place'' (News: Analysis & Commentary, Feb. 15) proved thought provoking, one statement warrants correction. Keith Naughton wrote that General Motors Corp. will ''lop off $28.5 billion in annual sales when it divests its Delphi parts unit this year.'' What he overlooks is that only 20% of Delphi's annual sales are to non-GM customers; thus, the actual net loss to GM's consolidated revenue in 2000 will be closer to $5 billion to $6 billion, not $30 billion. I'm sure GM views Ford Motor Co.'s aggressive growth strategies seriously, but the impact of Delphi's separation will be minimal. Chris Witty New York _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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