TROY, Michigan (Thomson Financial) - Delphi Corp said it has signed a deal to sell its brake plant in Saltillo, Mexico, to German auto parts maker Robert Bosch for 15 mln usd.
Delphi said it has filed a motion with US Bankruptcy Court to clear the sale.
The US auto parts maker, which was spun out of General Motors Corp in 1999, filed for bankruptcy protection in October 2005. tf.TFN-Europe_newsdesk@thomson.com wj COPYRIGHT Copyright AFX News Limited 2007. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.