NEW YORK, Sept 21 (Reuters) - Struggling auto parts supplier Delphi Corp. on Wednesday said it had not drawn on the remaining $300 million under its $1.8 billion credit line, shooting down market rumors that it had completely tapped out that source of liquidity. The company's shares slid more than 10 percent to an all-time low on Tuesday as concerns mounted about Delphi's financial condition. In an interview with The Wall Street Journal published on Wednesday, Delphi's chief executive said ...
Premium Content (PAID Subscription Required)
"Delphi says it has not tapped remaining credit" 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
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.