Run over: Delphi may cost GM $11B Automaker owes union members at former unit; newspaper says plant closings, job cuts coming. October 10, 2005: 7:58 AM EDT
NEW YORK, (CNN/Money) - The bankruptcy by auto parts maker Delphi Corp. could mean an $11 billion hit to its former parent General Motors Corp., according to the automaker, and thousands of job cuts at Delphi's North American parts plants.
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