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News

Delphi back on the road

30 October 2009

Former Tier One PM auto parts supplier Delphi has emerged from Chapter 11, almost four years after it filed for bankruptcy protection and signalled the start of the downward spiral that has since decimated Detroit and the US auto business.

 

 The company has shrunk dramatically from having 40 US factories four years ago to four now, and its US workforce has reduced from 50 600 to 14 000. Its overseas operations, however, have remained profitable throughout the crisis that has engulfed the US-based business.

Delphi’s US production used to feature most of the parts that General Motors needed. Now it focuses on electronics, powertrain, heating and cooling systems.


 

 

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