Motorola may sell automotive unit

The Wall Street Journal reported Thursday that J.P. Morgan Chase has been hired by Motorola to work on a possible sale of its automotive-products unit.
The 5,000 employee unit could go for as much as $2 billion, according to the WSJ. The unit posted sales of $1.68 billion last year.

Motorola's automotive products include telematics systems (navigation, roadside assistance services), as well as a wide variety of sensors.

The troubled company last year spun off its Freescale semiconductor business.