Delphi plan calls for keeping four UAW plants

(Reuters) - Delphi's agreement with the UAW and former parent General Motors Corp. also calls for cutting starting wages for new workers to $14 per hour, as well as one-time "buy-down" payments to existing workers of up to $105,000 in exchange for accepting lower initial wages of $14.50 to $18.50 an hour.




Workers at Delphi currently earn about $27 per hour.


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