delphi

Delphi to Close Flint East Plant
On Tuesday, workers at the Delphi Flint East plant were notified that operations will end there in November this year.
According to WNEM, there are almost 300 hourly employees working at the plant. Of those jobs, 50 are direct employees of General Motors and will be able to go to another GM facility …
Delphi Buys Back Ownership from General Motors and U.S.
Autoparts supplier Delphi said its buying back ownership from General Motors and the U.S. for $4.4 billion dollars. Delphi is paying G.M. $3.8 billion and $594 million to Pension Benefit Guaranty Corp for the share that are held by both, respectively. Find out more after the jump.