Delphi (PINKSHEETS: DPHIQ) and Toyota Motor Engineering & Manufacturing North America announced a $20,000 gift to the Wildcat Guardian Association today. Representatives from Delphi and Toyota made the presentation of the check to Ken Munro of the Wildcat Guardians during a ceremony in front of Delphi Electronics & Safety Plant...
Delphi Corp. (PINKSHEETS: DPHIQ) announced that earlier today the New York Stock Exchange, Inc. approved the listing of shares of Delphi common stock to be issued upon its emergence from Chapter 11 reorganization proceedings in accordance with the previously announced confirmed plan of reorganization, subject to official notice of issuance....
Delphi Corp. (PINKSHEETS: DPHIQ) announced that it has reached agreement with General Motors Corp. and its Plan Investors on amendments to its Joint Plan of Reorganization, Global Settlement Agreement and Master Restructuring Agreement between Delphi and GM, and the Investment Agreement with Delphi's Plan Investors led by an affiliate of...
PITTSBURGH & AUBURN HILLS, Mich. -- Alcoa (NYSE:AA) and Delphi announced today that Alcoa's North American Rolled Products business and Delphi's Evaporator business are finalists in the 2008 PACE competition, which honors innovation by automotive suppliers. The 14th annual PACE (Premier Automotive Suppliers' Contribution to Excellence) Award is presented by...
Byline: David Barkholz CRAIN NEWS SERVICE Barely 15 months after Delphi Corp. had been spun off from General Motors Corp., Delphi CEO J.T. Battenberg III faced a crisis that reverberates today in the government's accounting fraud case against Batt Byline: David Barkholz CRAIN...
After study, Delphi drops value of steering unit The potential sale price for Delphi Steering has fallen since private-equity fund Platinum Equity L.L.C. agreed to buy the division Jan. 31. Troy-based Delphi Corp. reported last week in its first After study,...
WILMINGTON, Del. -- Delphi Financial Group, Inc. (NYSE:DFG) announced today that Donald A. Sherman, President and Chief Operating Officer, and Robert M. Smith, Executive Vice President, will present at the Credit Suisse Insurance and Asset Management 2007 Conference on Wednesday, November 14, 2007 at 8:40 am Eastern time. Credit Suisse...
Delphi loss grows in January Delphi Corp.'s losses widened in the first month of 2007 as Big Three production cuts continued to plague the bankrupt auto parts supplier. Delphi posted a net loss of $186 million in January, compared with a...
Delphi Corp. (PINKSHEETS: DPHIQ) announced that it has reached agreements in principle with its Official Committee of Unsecured Creditors, its Official Committee of Equity Security Holders, General Motors Corp. and its Plan Investors on amendments to its Joint Plan of Reorganization, Global Settlement Agreement and Master Restructuring Agreement between Delphi...
Byline: Chad Halcom Plans to prevent the shuttering of a Delphi Automotive facility in Shelby Township could involve piecing together several businesses and other agencies like the components of a new machine. Troy-based Automation Alley and the Byline: Chad Halcom ...
Delphi's plan: Rehire some retired workers Talk about unintended consequences. Now that Delphi Corp. has eliminated tens of thousands of hourly jobs, the company wants to bring back some retired skilled-trades workers as contractors to alleviate Delphi's plan: Rehire some retired...
Byline: Amy Lane Be a hero. Bring a manufacturing plant to Michigan. If you can't do that, please buy one of Delphi Corp.'s. It's a light note in a serious effort state officials are making to woo business investment to...
Byline: Brent Snavely Don't expect the pace of change in the local automotive industry to slow in 2007. In fact, auto insiders are braced for what could be an even more turbulent year for mergers and acquisitions, financial woes and bankruptcie...
Byline: David Barkholz, Philip Nussel As General Motors Corp. bails out Delphi Corp., its former parts operations, the automaker is harvesting some bitter fruit that it has sowed. Troy-based Delphi was driven into Chapter 11 bankruptcy protectio Byline: David Barkholz, Philip...
Byline: David Barkholz Automotive News More Delphi Corp. suppliers want their money and are creating a parade to bankruptcy court in New York. Last week, at least four Delphi vendors asked U.S. Bankruptcy Judge Robert Drain to decide whether the Byline:...
Byline: David Barkholz Crain News Service General Motors Corp. prefers cash to equity as compensation for the $4 billion in claims that it has accumulated in the Delphi Corp. bankruptcy case. GM, Delphi's largest customer, says it is owed the mo ...
Byline: David Barkholz Crain News Service Delphi Corp.'s massive bankruptcy protection case signals the beginning of the end of traditional ways of doing business in Detroit. It poses an immediate threat, too. Any cutoff of the flow of parts to ...
