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Article: New Delphi: Half the size, hardly American.
- Article from:
- Automotive News
- Article date:
- July 20, 2009
- Author:
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: David Barkholz
Nearly four years after entering Chapter 11, Delphi Corp. is poised to emerge from bankruptcy without most of its U.S. plants and with a tight focus on electronics.
Former parent General Motors is facilitating much of Delphi's exit from U.S. production. To ensure a supply of parts, GM plans to take back five UAW-represented U.S. plants as well as Delphi's global steering business.
Delphi will be left with just four of the 41 U.S. plants it had when filing for Chapter 11 in October 2005. Only 1,500 hourly U.S. employees will remain, compared with 33,000 when the company sought bankruptcy protection.
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