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 ...
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 ...
Delphi insiders say they strongly oppose a scenario by which General Motors would re-emerge as the supplier's controlling shareholder if a US bankruptcy court allows GM to convert its debt holding ...
SAGINAW, Mich. (WNEM) - Salaried retirees from the Delphi Auto Parts Plant are now demanding action from congress to have their pensions restored. In March, bipartisan legislation was introduced to ...
MADRID, Feb 22 (Reuters) - Bankrupt U.S. auto parts maker Delphi Corp. will shut its Puerto Real factory in Cadiz, southern Spain, affecting up to 1,650 workers at the plant, a union said on Thursday, ...