UPDATE 1-Delphi hearing postponement a good sign - GM CEO

Newswire

(Recasts, adds details, background, byline) By Jui Chakravorty ROYAL OAK, Mich., Aug 18 (Reuters) - General Motors Corp. Chief Executive Rick Wagoner on Friday said the postponement of a hearing on Delphi Corp.'s request to void its labor contracts is "a good sign" and indicative of progress in talks between GM, Delphi and its unions. Speaking to reporters at a press conference about the company's new Camaro car, Wagoner said "progress is being made" in talks with bankrupt auto parts ...

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