Delphi Corp

GM, Ally exit plan needed for U.S. Treasury, says government watchdog

10:21 am U.S. ET | July 10, 2012
Market conditions have slowed the Treasury's progress in selling stakes in General Motors and Ally Financial, its one-time consumer financing arm, but the Obama administration should develop a solid plan for doing so, a government watchdog told a House panel today.... Read More »

 

EV market races to offer wireless charging

July 6, 2012 06:01 CET
One reason electric and plug-in hybrid vehicles have hit the market with a thud is that there are strings attached. Models such as the Chevrolet Volt and Nissan Leaf are tethered. Drivers need to plug in to recharge the battery. A number of companies are developing ways to cut the cord, to replenish the battery wirelessly with a mat that sits on the floor.... Read More »

 

EV market races to offer wireless charging

12:01 am U.S. ET | July 1, 2012
One reason electric and plug-in hybrid vehicles have hit the market with a thud is that there are strings attached. Models such as the Chevrolet Volt and Nissan Leaf are tethered. Drivers need to plug in to recharge the battery. A number of companies are developing ways to cut the cord, to replenish the battery wirelessly with a mat that sits on the floor.... Read More »

 

Nexteer CEO Remenar steps down to take another post

12:23 pm U.S. ET | June 8, 2012
Robert Remenar, an auto industry veteran who also held key posts at General Motors and Delphi, is stepping down as CEO of former Delphi unit Nexteer Automotive to become CEO of supplier Diversified Machine.... Read More »

 

Delphi in exclusive talks to buy electrical connector business for $958M

6:21 pm U.S. ET | May 24, 2012
Delphi, the former parts unit of GM, said today it is in “exclusive talks” to acquire a unit of FCI Group from Bain Capital for about $958 million. Delphi said the acquisition of the unit, which makes electrical connectors, should add 24 cents per share to its 2013 earnings, excluding acquisition-related costs.... Read More »