Delphi Corp. is given the green light by a U.S. Bankruptcy Court judge to invite further bids for its global steering and halfshaft business, Reuters reports. The deadline for bids is Jan.18, with an auction scheduled for Jan. 28 and a hearing to approve the sale set for Feb.21. Delphi already has signed a master sale and purchase agreement with Steering Solutions Corp., a unit of Platinum Equity LLC, for the sale of the divisions, with the transaction valued at $447 million. Delphi’s lawyer ...

Premium Content (PAID Subscription Required)

"Printer-friendly" 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 pricing and subscription information please contact
Amber McLincha by email: or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.