Delphi Corp. is asking the United Auto Workers union and General Motors Corp. for assistance with reducing the high U.S. wage and benefit costs of most of its workers, while also seeking the right to close several under-performing U.S. plants and eliminate thousands of jobs. Chairman and CEO Robert S. “Steve” Miller says Chapter 11 bankruptcy protection is definitely an option for the supplier if talks with the UAW and GM fail to reduce operating costs by Oct. 17. That is the date a ...
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