Big Three sue Honeywell over brake unit sale plan

Newswire

NEW YORK/CHICAGO, Sept 26 (Reuters) - Detroit's Big Three automakers have filed suit to stop Honeywell International Inc. from selling its brake products unit to bankrupt Federal-Mogul Corp. , accusing Honeywell of trying to avoid its asbestos-related obligations. Honeywell in January agreed to sell its Bendix brake unit, which faces about 47,000 asbestos cases, to Federal-Mogul, an auto parts supplier currently reorganizing after filing for Chapter 11 protection in October 2001 under the ...

Premium Content (PAID Subscription Required)

"Big Three sue Honeywell over brake unit sale plan" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×