BLOIS, France – Delphi Corp. might appear to be foundering in the U.S. as it delays until next year its exit from Chapter 11 bankruptcy protection. But here in this Loire Valley town, two hours southwest of Paris, Delphi is holding its own in the fiercely competitive market for common-rail diesel fuel-injection systems. The supplier has a massive plant here that produces fuel injectors for common-rail systems installed on European passenger cars for Peugeot, Citroen, Renault, Nissan, ...

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