UPDATE 1-About 40,000 workers accept GM, Delphi buyouts

Newswire

(Adds details) DETROIT, June 23 (Reuters) - About 40,000 hourly workers have accepted buyout and early retirement offers by General Motors Corp. and Delphi Corp. , exceeding expectations, a United Auto Workers union local official said on Friday. About 30,000 GM workers have taken the offer as of Friday morning, while about 10,000 workers at Delphi, a former GM parts unit that has filed for bankruptcy, have taken the offer, the official said. "It has exceeded all our expectations," the ...

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