delphi

General Motors Co. said it has received permission to use $2.8 billion of its government aid to help buy part of troubled auto parts supplier Delphi Corp., the automaker's former parts division. The Detroit automaker said Monday in a regulatory filing with the U.S. Securities and Exchange...

Precisely 46,113 people lived in Kokomo, Indiana as of the last census. If Chrysler and car parts supplier Delphi go belly-up, almost one in four of them will lose their jobs, adding to the already burdensome 20 percent unemployment. As one auto worker told CNNMoney.com, "If we go down, the whole...