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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: GM supplier Delphi suspends work at China factory AP - 20 minutes ago SHANGHAI, China - U.S. car parts maker Delphi has suspended work at a factory in Suzhou due to shrinking demand amid the global economic slump, a media report and a staff member said Monday. The factory west of Shanghai in the city of Suzhou makes compressors for General Motors. Calls to the plant rang unanswered Monday. "The sudden and unprecedented decline in (car) sales globally has resulted in our only customer, General Motors North America, announcing plant closures and plant stoppages," the Hong Kong newspaper South China Morning Post quoted a Delphi internal document as saying. "Unfortunately our only customer in 2009 is GMNA, and this has placed the Suzhou compressor plant in a very dangerous position," it said. A staffer on duty at Delphi's Shanghai office, which was closed this week for the New Year holiday, confirmed that the facility had temporarily suspended work due to the slowdown in demand as GM cuts back on output. The staffer gave only his surname, Zhao, as is common with many media-shy Chinese. Troy, Michigan-based Delphi is a former subsidiary of General Motors that filed for protection from bankruptcy in October 2005. It has more than $500 million in mainland Chinese assets, the Post report said. China's own once-booming auto market is seeing sales fall from double-digit growth rates as demand cools. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy GM supplier Delphi suspends work at China factoryAP - 24 minutes ago Myanmar signs gas deal with ChinaAP - 1 hour 13 minutes ago China's SAIC seeking Korea support for SsangyongReuters - 1 hour 20 minutes ago SKorea's biggest investor to cut shareholdingsAFP - Monday, December 29 Related Articles: Business Sterling extends losses, hits record low vs euroReuters - 14 minutes ago India cbank offers 553.65 bln rupees at special repoReuters - 21 minutes ago Hyundai India says to export 120,000 i20 units in 09Reuters - 22 minutes ago GM supplier Delphi suspends work at China factoryAP - 24 minutes ago Russia's Prokhorov may up RUSAL stake -paperReuters - 25 minutes ago Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Actress Jennifer Aniston appears naked in GQ magazine Woolworths to close quarter of stores At least 210 dead as Israel hammers Hamas-run Gaza Chances of gas cut '50-50', Russia warns Ukraine Stars of Hollywood, high-tech open wallets for Obama party View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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