Dow Jones reported that sources told Reuters the U.S. fuel system supplier TIAutomotive selection Deutsche Bank has (DeutscheBank) and U.S. investment bank Reid Group (LazardLtd.) for the company to explore new strategic options. The company faced the choice of including the sale of its business or an initial public offering (IPO) activities.

    TIAutomotive company is headquartered in Auburn Hills (AuburnHills), its business, including, blow tank, car and truck brake parts with plastic and non-powertrain components, which of these business-related sales of approximately $ 145 million.

    According to Reuters, the company's total sales of about $ 2.5 billion in market value may be at 12.5 billion U.S. dollars.

    It is understood that the company recently restructured and debt activities. Reuters reported speculation that private equity investors may be interested in the company.