Creditors to fight GM right to Delphi assets - WSJ

Newswire

NEW YORK, March 24 (Reuters) - The committee of Delphi Corp's unsecured creditors plans to challenge the right of General Motors Corp. to claim future reimbursement for money the auto maker pays in benefits to the parts maker's unionized work force, The Wall Street Journal said on Friday. Delphi, which filed the biggest bankruptcy in U.S. automotive history in October, was spun off from General Motors in 1999. GM has estimated it could have to pay Delphi-related employee benefits of ...

Premium Content (PAID Subscription Required)

"Creditors to fight GM right to Delphi assets - WSJ" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×