GM said to be in talks to reclaim Delphi plants - KWWL - Eastern Iowa Breaking News, Weather, Closings

GM said to be in talks to reclaim Delphi plants

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DETROIT (KWWL) - A person familiar with the talks said General Motors is discussing taking back some factories from its former parts division, Delphi Corp.

Troy, Mich.-based Delphi has been operating under Chapter 11 bankruptcy protection for more than three years and like many suppliers is struggling with the shrinking U.S. auto markets.

The person says the talks between Detroit-based General Motors Corp. and Delphi have been under way for several weeks. The person did not want to be identified because the negotiations are private.

Delphi plants make thousands of key parts for GM vehicles including its top selling pickup trucks, the Chevrolet Silverado and GMC Sierra.

Online Executive Producer Nate Leding

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