Auto News 5

Delphi has reinforced its ambitious intentions with the US$962m buy of FCI Group's Motorised Vehicles Division (MVL), which it says will allow it to use part of its significant cash strength and bolster its presence in the connector sphere. The deal - Delphi's first major purchase since restructuring - will see MVL become part of Delphi's Electrical/Electronic Architecture (EEA) segment - a global provider of interconnection systems for use in safety restraint systems, powertrain and electrical vehicles. In the first part of two interviews, Delphi CEO, Rodney O'Neal talked to Simon Warburton from the supplier's global headquarters in Troy, Michigan about that deal and Delphi's aspirations.