Delphi warns hourly workers on pension benefits

Newswire

DETROIT, Sept 29 (Reuters) - Auto parts maker Delphi Corp. has warned hourly workers that if it is forced to seek bankruptcy protection their pensions could suffer. Delphi is in talks with the United Auto Workers union and its former parent General Motors Corp. to drastically cut costs, including a reduction in its work force. The Troy, Michigan-based company has warned a failure to reach a deal among the parties could result in it seeking bankruptcy court protection. Such a move could ...

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