Delphi Automotive PLC reported second-quarter earnings slightly ahead of estimates on Wednesday as strong growth in its automotive electronics business offset volatility in the global commercial ...
Delphi, a Tier 1 manufacturer of a wide variety of automotive parts, was spun off by General Motors in 1999. Burdened by the legacy of a high wage and benefits package, it entered Chapter 11 in 2005.
The bankruptcy filing of Delphi Automotive has set the stage for a historic rollback in the wages of American auto workers to levels, in real terms, not seen since the explosive struggles of the 1930s ...
Auto parts supplier Delphi finally exited bankruptcy protection on Tuesday nearly four years to the day it filed for Chapter 11. Delphi emerged as a new company after completing a deal with its ...
Delphi Corporation, the largest American automotive parts maker, outlined a series of unprecedented rollbacks in the wages, benefits and working conditions of its 34,000 unionized workers and 12,000 ...
Shares of Delphi Technologies PLC soared 61% Tuesday, after BorgWarner Inc. said it’s acquiring the company in all-stock deal with an enterprise value of about $3.3 billion. BorgWarner , which makes ...
Billionaire Paul Singer is set to score one of the biggest hedge-fund wins of next year when his firm cashes out of its stake in auto-parts supplier Delphi. While government-owned General Motors has ...