DETROIT, Nov 26 (Reuters) - Delphi Corp forecast on Wednesday its cash holdings would nearly halve by March next year as the bankrupt U.S. auto parts maker seeks consent from its lenders to extend the term of its bankruptcy loans. Delphi, which is operating under Chapter 11 bankruptcy protection, expects its cash and other available liquidity to drop to $851 million by the end of March 2009, from $1.68 billion at the end of October, it said in a filing with the U.S. Securities and Exchange ...
Premium Content (PAID Subscription Required)
"Delphi sees liquidity halving by March 2009" 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!
Current subscribers, please login or CLICK for support information.