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Automotive Industry
Industry: Email Alert RSS FeedDelphi gets small boost from non-US divisions.(Suppliers)
Automotive News Europe, March, 2006
Delphi's thriving overseas business is supposed to be the cure for the giant auto supplier.
But the picture is less rosy than Delphi executives have claimed, according to recent earnings reports.
Delphi's operations outside the US are not part of the supplier's Chapter 11 reorganization. They have been only modestly profitable.
From the time of Delphi's October 8, 2005, Chapter 11 filing through January 31, the automaker's international operations earned about $50 million (about [euro]42 million) on sales estimated by Automotive News, Automotive News Europe's sister ...
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