Automotive Industry

Struggling Delphi units show little hope for future; Supplier giant plans urgent measures for troubled operations.(Suppliers)(Brief Article)(Company Profile)

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Byline: Colin Whitbread

Most of the struggling business units lumped into Delphi's Automotive Holdings Group appear to have little chance to recover.

Delphi plans more urgent measures to tackle troubled operations inherited from General Motors.

Fixing Delphi's non-performing assets is one of the company's biggest challenges, said Chairman J.T. Battenberg III.

"The real challenge is to get those non-performing assets taken care of, so we can get them behind us," said Battenberg.

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