Seeking Alpha

Testy times for Delphi Automotive amid GM ignition switch probe

  • Delphi Automotive (DLPH -0.2%) could face serious legal issues if it's found liable for some of the problems with ignition switches in certain GM vehicles.
  • The company does have a backstop due to a Chapter 11 bankruptcy filing which guards it from some older product liability, but attorneys are likely to try to circumvent that protection.
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