Automotive Industry

Delphi to sell instruments unit.

Automotive News Europe, January, 2002 by Miel, Rhoda

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Delphi Automotive Systems is negotiating to sell its $500 million (E553.6 million) instrument cluster business, a worldwide manufacturing operation that includes injection molding.

The move is part of a corporate restructuring to focus the world's biggest auto supplier on high-growth markets and to streamline product offerings. Delphi is already in the midst of a previously announced restructuring that includes closing nine plants and eliminating 11,500 positions.

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"It has been a year of really profound changes," CEO J.T. Battenberg III said. "It has been one of ...

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Automotive Industry

Delphi to sell instruments unit.

Automotive News Europe, January, 2002 by Miel, Rhoda

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