Delphi says automated work may come to U.S. from Mexico
By Bernie Woodall DETROIT (Reuters) - Delphi Automotive Plc said on Thursday that if it brings any manufacturing to the United States from Mexico, it is likely to be automated work, which has fewer jobs attached to it, as the company issued fourth-quarter earnings that surpassed Wall Street expectations, sending shares higher. Joe Massaro, Delphi chief financial officer, said that 90 percent of the company's workforce is in "best-cost countries," which keep its costs down and profits up. Company
Read more »