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 ...
Premium Content (PAID Subscription Required)
"Top Tiers Post Big Q2 Losses; Delphi Faces Possible Bankruptcy" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642