China's Wanxiang wins auction for U.S. government-backed A123
Posted on December 08, 2012 at 20:19 PM EST
WILMINGTON, Delaware (Reuters) - China's largest maker of auto parts won a politically sensitive auction for A123 Systems Inc , a bankrupt maker of batteries for electric cars that was funded partly with U.S. government money, the investment banker for A123 said on Saturday.