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Wed, Aug 20 2008 

Delphi

DELPHI: GM agrees to lend additional $300 million

Delphi said in a filing Wednesday in U.S. Bankruptcy Court in New York that pending court approval, GM would increase its loan to the parts supplier to $950 million from $650 million so Delphi can maintain a minimum level of liquidity.....more>>

  • DELPHI: Lawsuit OK to proceed
    A bankruptcy judge said Monday that auto parts maker Delphi Corp. can pursue a lawsuit designed to force hedge fund Appaloosa and several others to participate in a $2.55 billion equity deal that they had earlier abandoned.

  • DELPHI: Retiree plan gets influx
    The federal government has obtained court approval to restore $2.2 million in retirement plan assets owed to hourly employees of auto supplier Delphi Corp.

  • DELPHI: UAW vote results will be announced today
    The outcome of a tentative competitive operating agreement between United Auto Workers Local 686, Unit 1, and Delphi Thermal Systems in Lockport will be announced today.

  • DELPHI: UAW Local 686, Unit 1, close to agreement with company
    United Auto Workers Local 686, Unit 1, is close to a competitive operating agreement with Delphi Thermal Systems management, reaching a tentative agreement Monday.

  • DELPHI: Laid-off workers to get callbacks
    Laid-off workers are heading back to work at Delphi Thermal Systems in Lockport, as a result of the ending of the strike at American Axle and Manufacturing Holdings Inc.

  • DELPHI: Company reports wider loss in first quarter
    Auto parts maker Delphi Corp. reported Friday that it lost more money in the first quarter than it did a year ago, but that an expanded credit line will still allow it to emerge intact from bankruptcy protection.

  • DELPHI: Company appoints new leadership
    Delphi Corp. made some changes Friday in the top leadership for two of its divisions.

  • DELPHI: Loan deadline looms today to exit bankruptcy
    Auto parts maker Delphi Corp. faces a Friday deadline to get the loans it needs to exit bankruptcy, and at the same time, former parent General Motors Corp. is said to be in talks to take an even greater share of its pension obligations.

  • DELPHI: Judge grants bonuses to execs
    Delphi Corp. won court approval Wednesday to extend an executive bonus program that could pay as much as $39.1 million in all to hundreds of executives in the U.S.

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