UPDATE 2-Delphi to delay motion to reject labor contracts

Newswire

(Recasts, adds details from GM and Delphi, background, changes dateline. Previous dateline DETROIT) CHICAGO, Nov 28 (Reuters) - Bankrupt auto parts maker Delphi Corp. on Monday said it would delay by one month plans to ask a judge to reject its labor contracts, easing fears of a potential strike that could cripple major customer General Motors Corp. Delphi also said it would accelerate discussions with GM over restructuring efforts after the automaker agreed to provide interim financial ...

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