Fred Business News  - Auto parts maker Delphi Corp. says its loss widened in the first quarter to $589 million on lower revenue.

 

The Troy-based company also said Friday that it has increased the size of a credit facility to $4.35 billion from $4.1 billion. It also says General Motors Corp. (GM, Fortune 500) has agreed to speed up payments it would have made to Delphi after Delphi emerges from Chapter 11 bankruptcy protection.

 

Delphi says the actions give it enough money to support its plan to ...   more »