Delphi may need to close some U.S. plants -CEO

Newswire

TROY, Mich., Aug 15 (Reuters) - Struggling auto parts supplier Delphi Corp. may need to close some high-wage U.S. plants to turn around its operations, Chief Executive Robert "Steve" Miller said on Monday. Delphi, the largest U.S. auto parts supplier, has said it would consider filing for bankruptcy protection in its U.S. operations if former parent General Motors Corp. and the United Auto Workers union do not help it cut high labor costs. "Plant closures are a theoretical possibility, ...

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