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    NEWSFLASH: GM, DELPHI OFFER BUYOUTS, FILM AT 11

    gm_logo_shaded.jpg
    From the AP wire:

    DETROIT (AP) — General Motors Corp. and the auto parts supplier it once owned, Delphi Corp., announced deals with the United Auto Workers Wednesday that would offer buyouts to 13,000 hourly Delphi employees and up to 100,000 hourly GM workers represented by the United Auto Workers.
    Beancounters, start your engines.

    [UPDATE: The Detroit News figures were apparently on the money.]


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