Delphi, a Tier 1 manufacturer of a wide variety of automotive parts, was spun off by General Motors in 1999. Burdened by the legacy of a high wage and benefits package, it entered Chapter 11 in 2005.

FLINT, Mich. (WJRT) - Holiday-season bonus checks are running late for many GM retirees. But some Delphi retirees haven't received theirs at all, despite qualifying for a similar program during the ...

Elliott Management boss Paul Singer (above) bested Uncle Sam in the auto bailout business. Singer and partner Silver Point Capital stand to reap a huge payout if auto-parts supplier Delphi goes public ...