USA: Delphi's better Q2 results reflect GM orders boost
Delphi has today reported a 29 percent year-over-year increase in earnings for the second quarter of 2002 as the company benefited from a 5.4 percent improvement in revenue. The company highlighted the role played by its non-GM operations in the improvement, but there can be little doubt that higher North American production by its biggest customer - GM - was the major factor.
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