NEW YORK AP - A bankruptcy court judge has delayed approval of a deal that would allow Delphi to sell its steering business to GM, to give the Obama administration's auto task force more time for review.The Troy, Mich.-based auto parts supplier had asked that a court decision be postponed until next week in hopes of gaining the task force's approval.
March 24, 2009 at 12:00 AM
1 minute read
NEW YORK AP – A bankruptcy court judge has delayed approval of a deal that would allow Delphi to sell its steering business to GM, to give the Obama administration’s auto task force more time for review.
The Troy, Mich.-based auto parts supplier had asked that a court decision be postponed until next week in hopes of gaining the task force’s approval.
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