Delphi posts $102 million quarterly net loss

Newswire

CHICAGO, Jan 20 (Reuters) - Delphi Corp. , the largest U.S. auto parts supplier, on Thursday posted a $102 million quarterly net loss because of North American vehicle production cuts and rising costs for raw materials. The loss amounted to 18 cents per share for the fourth quarter for Delphi, which called the results preliminary pending the completion of an internal accounting investigation that was launched last year.

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