Automotive parts manufacturing company Delphi Automotive has announced that it will buy British cable management company HellermannTyton Group for approximately $1.7 million.
Read more: Driverless and Talking Cars: New Technology Transforms the Way We Travel
Delphi said the purchase should allow it to become more involved in the connected vehicle market. "With consumers now demanding more connectivity in their vehicles, electrical architecture is the enabler to that added vehicle content," said Delphi Chief Executive Kevin Clark.
In other automotive news, French Foreign Minister Laurent Fabius believes that French car company PSA/Peugeot-Citroen could struggle in a return to the Iranian market more than fellow French automobile manufacturer Renault. After speaking to them earlier this week, Fabius said that Iranian leaders are concerned with PSA/Peugeot-Citroen because of the company’s move from Iran a few years ago. Also, Mercedes-Benz launched three ultra-luxury vehicles today, the S63 AMG Coupe, S500 Coupe, and SUV G63 AMG “Crazy Color” edition.
Delphi to Buy HellermannTyton for $1.7 Billion in Connected-Car Drive
French minister sees smoother return to Iran for Renault than PSA
Mercedes launches 3 models priced up to Rs 2.60 crore
Ford F-150 extended cab struggles in IIHS small overlap test http://t.co/yUzDmV1FLw via @therealautoblog
— Jonathon Hewitt (@gohewitt)
Filed Under: Industrial automation