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Automotive News Europe, October, 2003 by Britt, Bill; Chew, Edmund
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Interest in Grundig
Three potential buyers are lining up for Grundig's infotainment division.
Grundig Car InterMedia System, the profitable branch of the bankrupt German electronics firm Grundig AG, has been linked to potential buyers Delphi, Lear and Fujitsu Ten, which already has a 25 percent stake in GCIS.
The administrator handling Grundig's receivership confirmed that it is negotiating for the sale of the Grundig unit, but said that no announcement is imminent.
Grundig filed for bankruptcy in April after talks with foreign investors collapsed.
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Grundig, based ...
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