Delphi wanted to buy Wingcast

June 10, 2002
In the last days before the demise of its Wingcast LLC telematics joint venture, Ford Motor Co. rejected two purchase offers from Delphi Corp. According to Automotive News, sources familiar with the proposed deals said Delphi wanted to buy Wingcast to cement its status as a major supplier of telematics hardware. Martin Inglis, Ford's group vp of business strategy, rejected both offers in late May,
In the last days before the demise of its Wingcast LLC telematics joint venture, Ford Motor Co. rejected two purchase offers from Delphi Corp.

According to Automotive News, sources familiar with the proposed deals said Delphi wanted to buy Wingcast to cement its status as a major supplier of telematics hardware.

Martin Inglis, Ford's group vp of business strategy, rejected both offers in late May, Automotive News reported.

Wingcast was launched by former Ford CEO Jacques Nasser and was originally expected to provide telematics for 1 million Ford cars and trucks by the end of this year. After Nasser's firing last October, Wingcast became a cost-cutting target under Ford chairman Bill Ford's turnaround plan. Delphi generates $380 million in annual telematics revenue and is a major hardware provider to OnStar, General Motors' in-house telematics operation. Delphi CEO J.T. Battenberg III has identified telematics hardware as a core business.

About the Author

Tim Parry

Sponsored Recommendations

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

How Electric Vehicles Help You Prolong the Life of Your Fleet

Before adopting electric vehicles for commercial/government fleets, prioritize cost inquiries. Maintenance is essential; understand the upkeep of EV fleets. Here’s what you need...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!