Visteon to sell most of its auto interiors business to Cerberus

Fri May 2, 2014 7:10am EDT

May 2 (Reuters) - Auto parts maker Visteon Corp said it would sell a majority of its automotive interiors business to private equity firm Cerberus Capital Management LP.

The sale price was not disclosed.

The operations, which had revenue of about $1 billion in 2013, make products such as instrument and door panels. (Reporting by Sagarika Jaisinghani in Bangalore; Editing by Saumyadeb Chakrabarty)

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