Delphi labels power products business non-core operation, considering sale

By Caroline Salls

Pittsburgh, Oct. 10 - Delphi Corp. has identified its power products business as a non-core operation and will begin to evaluate strategic alternatives for the business, including a potential sale, according to a company news release.

Management responsibility for the power products business, which develops and manufactures power lift gates, power deck lids, power sliding doors and power cinching latches and strikers, will be transitioned to Delphi's Automotive Holdings Group.

Delphi, a Troy, Mich.-based automotive electronics manufacturer, filed for bankruptcy on Oct. 8, 2005 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 05-44481.

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