That was less than a third of the rate from 20 years earlier. A Transportation Department study published last summer shows that after the change in Texas and Arkansas, helmet use dropped and injuries and fatalities increased. The move was prompted by a soft U.S. auto market that will leave Delphi's first-quarter earnings short of Wall Street forecasts. Delphi expects to eliminate those jobs through early retirements, layoffs and attrition. Delphi also has cut its Mexico work force by more than 7,600, trimmed its global contract-employee ranks by more than 15 percent, and revamped its headquarters operations in South America, Europe, Asia Pacific and the United States.
Analysts widely expect softness in U.S. auto sales to continue at least into midyear.
Sea Ray, the largest manufacturer of powerboats in the world, includes the Sea Ray, Baja and Boston Whaler brands. This is strictly a leadership change. Saturn is going to go on very well. It's positioned well, and getting ready to execute its product portfolio. L-Series sales were a disappointment when the car was launched in 1999, and the division is believed to be losing money.