A spokeswoman for Delphi declined to comment on the note or the stock activity, but said discussions were continuing.
Delphi, the largest U.S. auto-parts supplier, has asked GM and the UAW for help in cutting high wage and benefit costs that are choking U.S. operations. It has set October 17, the day U.S. bankruptcy law changes take effect, as an informal deadline for an agreement.
Can Delphi make it in our new global auto econ?????
Sunday, October 02, 2005
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