Brussels, 30th April 2009
GM manufactures and sells cars and commercial vehicles worldwide. Delphi Steering Business, belonging to US car components supplier Delphi Corporation, is globally active in the manufacture and sale of steering products and half-shaft components for motor vehicles. Delphi is a major supplier of GM’s vehicle manufacturing activities.
The Commission's examination of the transaction showed that for all vehicle components which GM gets from Delphi Steering Business, the merged entity would continue to face several strong, effective competitors with significant market shares.
The Commission's investigation also found that the merged entity would not have an incentive to close off competing car manufacturers access to Delphi Steering Business products, given that, inter alia, these vehicle components represent a modest fraction of the cost of a car.
The Commission therefore concluded that the proposed transaction does not raise competition concerns.
More information on the case will be available at: