Delphi Selling Exhaust Business

Auto supplier is seeking buyers for its global exhaust business, which includes catalytic converters and exhaust manifolds, as it reorganizes in Chapter 11 bankruptcy.

TROY, Mich. (AP) -- Auto supplier Delphi Corp. says it's seeking buyers for its global exhaust business as it reorganizes in Chapter 11 bankruptcy.

The business includes catalytic converters and exhaust manifolds. It serves more than 10 customers and includes sites in Poland, Australia, India and South Africa, as well as joint ventures in China and Mexico. Technical centers are in Auburn Hills and Flint, as well as Luxembourg.

Troy-based Delphi said Friday in a statement it would continue to provide full engine management systems.

Delphi says it will retain global investment bank Lincoln International to explore sale opportunities pending bankruptcy court approval.

Delphi filed for bankruptcy protection in 2005.

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