Continental Considers Buying Delphi Assets

Continental AG is considering whether it should buy some assets from Delphi. CEO, Manfred Wennemer told the Financial Times Deutschland that the company and others were looking to see if Delphi would see off some of its assets. “This is a chance for everyone — also for Continental. We have to see what they want to or must sell off,” the newspaper quoted Wennemer as sayding. Wennemer did not say what parts of Delphi Continental would be interested in, but he ruled out any purchases that would take the automotive supplier into any new areas.