Delphi Automotive said that if it brings any manufacturing to the U.S. from Mexico, it is likely to be automated work, which has fewer jobs attached to it.
Joe Massaro, Delphi chief financial officer, said that 90 percent of the company’s workforce is in “best-cost countries,” which keep its costs down and profits up.
The comments came as Delphi reported its fourth-quarter earnings earlier Thursday.
