Daily Business News
Monday, November 06, 2006
  GM says Delphi deal may come soon: WSJ (Reuters)

In a photo provided by General Motors General Motors Chairman and CEO Rick Wagoner right gives Shanghai Mayor Han Zheng a ride in the Chevrolet Sequel GM's  hydrogen powered fuel cell vehicle Monday Nov. 6 2006 in Shanghai China. GM says the Sequel has a  range of 300 miles between fill-ups and can go from 0 - 60 mph in 10 seconds. The Sequel uses renewable hydrogen for fuel and emits only water vapor. (AP Photo/General Motors Photo/Natalie Behring)Reuters - General Motors Corp. Chief Executive Rick Wagoner said that a deal over GM's contribution on labor costs at auto-parts maker Delphi Corp. could be reached "reasonably soon" and end up costing GM between $6 billion to $7.5 billion the Wall Street Journal reported on Monday.


 
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