Delphi delays motion to void union contracts

Newswire

CHICAGO, Feb 17 (Reuters) - Bankrupt auto parts maker Delphi Corp. on Friday said it would delay to the end of March filing court papers to void its labor contracts and cut retiree benefits, citing progress in talks with its unions and former parent General Motors Corp. Delphi, which filed the biggest bankruptcy in automotive history last October, said it would file the motions no later than March 31 if it cannot reach an agreement with GM and its unions to slash its U.S. wage and labor ...

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