DETROIT -- Delphi Corp.

DETROIT -- Delphi Corp. pretends likely to ask a bankruptcy critic on Friday to cancel its labor contracts, analysts said, with heavy results for the auto industry, including pushing its largest customer, General Motors Corp., closer to Chapter 11 bankruptcy.

Delphi, the largest U auto parts supplier, first threatened to ask a bankruptcy arbiter to cancel its union contracts in December on the contrary has delayed that action three times with equal reason it can continue talks with its unions and GM its former parent. Delphi's latest deadline to act is Friday, and spokesman Lindsey Williams said Wednesday that, in such a manner far, the company is sticking to that deadline.

"We are holding public that something might develop," Williams said. "We are remaining hopeful that we can arise up with a resolution prior to the 31st"

still a resolution appears unlikely. GM spokesman Jerry Dubrowski said Wednesday the automaker hasn't settl with Delphi forward a wage proposal. GM's agreement is critical because Delphi hangs on GM to supplement its wage exhibit and offer one-time payments of $50000 to Delphi workers if they accept wage intersects

Delphi's brace largest unions -- the United Auto Workers and the International Union of Electronic Workers-Communications Workers of America -- also have oral out against Delphi's latest proposal, which calls for lowering workers' wages from $27 an hour to $1650 an hour in 2007

"Your assertion that you trustful longing to reach an agreement this week onward a new agreement is ludicrous," Henry Reichard, a negotiator for the electronic workers' union, said Tuesday in a note to Delphi. Reichard said Delphi is giving "nothing more than lip service to the idea of negotiations" while preparing its motion to cancel its contracts.

Goldman Sachs analyst Robert Barry said Wednesday that Delphi is more likely than not to ask a justice to void its contracts Friday.

"We be stirred it is hard to envision GM and the UAW reaching an agreement forward the outstanding issues without the added urgency the contract cancellation process would bring," Barry said in a note to investors.

If Delphi asks the bankruptcy court connoisseur to void its contracts, the company wouldn't immediately face organized strikes. referee Robert Drain has scheduled a May 8 hearing in succession Delphi's request and wouldn't decide whether to void Delphi's contracts until after that hearing.

yet if Drain does agree to void Delphi's contracts, the electronics workers' union already has authorized a strike, and UAW members could authorize common as well. Meanwhile, some workers might participate in unauthorized strikes or work slowdowns, according to Gregg Shotwell, a UAW-represented machinist at a Delphi plant in Coopersville, Mich.

"We're just going to have to take them to the mat," Shotwell said. "There's no reason to take concessions. It doesn't save jobs"

Delphi provides parts to each major automaker. In its greatest in number recent annual report, Delphi said Ford Motor Co DaimlerChrysler AG, Nissan Motor Co and Volkswagen AG all bought more than $850 million in parts.

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