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Monday, 10/10/2005 10:33:17 PM

Monday, October 10, 2005 10:33:17 PM

Post# of 41
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.


http://money.cnn.com/2005/10/10/news/fortune500/delphi_bankruptcy/index.htm

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