General Motors Says Agreement for Delphi to Exit Bankruptcy Still Possible

(Bloomberg) -- General Motors Corp., the world's largest automaker, said an agreement for Delphi Corp., its largest parts supplier, to exit bankruptcy is still possible even as a prospective investor will likely not participate.

``We're optimistic,'' said GM's Chief Executive Officer Rick Wagoner, in an interview in Shanghai. ``This is part of the process to hopefully bring this to a resolution.''


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