The credit default swaps of several auto companies tightened on the expectation that Delphi Corp. will avoid a strike with its union, the United Auto Workers. A strike would cause serious disruption ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook ANN ARBOR (AP) – Delphi Corp.’s bankruptcy could change the face of the U.S. auto industry, ...
Delphi is scheduled to meet on Monday in Washington DC with creditors, the government’s auto task force and General Motors to discuss the firm’s reorganisation, a lawyer for the bankrupt auto parts ...
General Motors chief executive Rick Wagoner has said that his company is discussing its top supplier’s weighty cost structure as it negotiates a bailout deal with Delphi and the United Auto Workers ...
DETROIT -- Delphi Corp., the nation's largest auto supplier, filed for bankruptcy Saturday, sending shock waves through a U.S. auto industry already weakened by high labor costs and falling market ...