NEW YORK, June 23 (Reuters) - It costs a lot to short Delphi Corp.'s credit as the ailing auto parts supplier attempts to repair itself, but it may still make sense, analysts and traders said on Thursday. The former General Motors Corp. unit on Thursday named turnaround specialist Robert Miller as its next chief executive to lead the company's accelerating restructuring. Miller will focus on cutting Delphi's high North American labor costs that it inherited from GM. But hiring Miller ...
Premium Content (PAID Subscription Required)
"US CREDIT - Delphi may weaken further" 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:
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: email@example.com or phone: (248) 799-2642