AUTOSHOW-Delphi diversifying customer base - Battenberg

Newswire

PARIS, Sept 24 (Reuters) - Delphi Corp. , a leading automotive parts supplier, will cut dependency on General Motors to under 50 percent of revenues next year for the first time since 1999 when it separated from the U.S. giant, it said on Friday. In a speech at the Paris auto show, Chairman and Chief Executive J.T. Battenberg said by next year no single customer will account for more than 50 percent of Delphi's revenues. The Troy, Michigan-based company, has been heavily dependent on ...

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