Delphi deal sets hourly wage up to $18.50 - source


DETROIT, June 22 (Reuters) - Delphi Corp. employees represented by the United Auto Workers union would get hourly wages of up to $18.50 as part of the supplier's deal with the union and General Motors Corp. , a person familiar with the talks said on Friday. Former GM workers still at Delphi would have the option of accepting a one-time payment in exchange for lower hourly wages under the terms of the deal, intended to allow Delphi to emerge from bankruptcy this year. Those workers would ...

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