Delphi submits new proposal to United Auto Workers

Newswire

CHICAGO, March 27 (Reuters) - Bankrupt auto parts supplier Delphi Corp. has submitted new proposed wage and benefit cuts to the United Auto Workers with hopes of reaching an out-of-court agreement, a spokesman said on Monday. Delphi submitted the proposal Friday, one week before its own deadline to reach a deal on wage and benefit cuts, and two days after it announced a sweeping retirement program with the UAW and former parent General Motors Corp. "We have provided the union with a ...

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