GM, Delphi expect further delays on labor deals

Dec 14, 2006 | 07:44 AM | Philip Burgert

Executives of General Motors Corp. and its supplier and former subsidiary Delphi Corp. are expecting further delays in completing efforts to wrap up labor deals and the Chapter 11 reorganization of Delphi.

G. Richard (Rick) Wagoner Jr., chairman and chief executive officer of Detroit-based GM, told reporters at the company's holiday party that a labor deal with Troy, Mich.,-based Delphi and the United Auto Workers union would not be completed by the end of 2006.....

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