TOKYO – With Delphi Corp. in Chapter 11 and other North American-based suppliers forecasting lower profits, even deficits, in light of the serious structural problems at General Motors Corp. and Ford Motor Co., the picture across the Pacific in Japan could not be more different. Here, many of the industry's leading component manufacturers are enjoying record sales and profits. And thanks to an already lean cost structure (which is getting leaner) and a bullish sales outlook by the ...

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