Delphi talks with GM, UAW could go beyond Jan 31


CHICAGO, Jan 25 (Reuters) - Bankrupt U.S. auto parts maker Delphi Corp.'s talks with former parent General Motors Corp. and its unions could be extended beyond a Jan. 31 deadline as long as progress is made, a spokeswoman said on Thursday. Delphi on Tuesday signed an agreement for an investment of up to $3.4 billion from a group led by Appaloosa Management LP and Cerberus Capital Management that would take a controlling stake in the company on its emergence from bankruptcy. The deal is ...

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