The Globe and Mail reports in its Tuesday, March 31, edition that unnamed sources say Magna International is in talks to sell its car interior business to Spain's Grupo Antolin. A Bloomberg dispatch to The Globe reports that sources say an agreement may be reached as early as April, though talks could still be delayed or fall apart. Sources say Antolin may buy all or part of the business, which generates about $3-billion (U.S.) in annual sales and could attract interest from other buyers. Representatives for Antolin and Magna declined to comment. The auto parts industry is under increasing pressure to consolidate as automakers look to work with partners that can produce more complex bundles of components to save costs. That requires suppliers with a range of offerings and broad geographical presence as automakers expand with new factories in markets such as China, Mexico and Brazil. For closely held Grupo Antolin, the deal would bolster chairman Ernesto Antolin's goal of becoming the world's largest supplier of auto interiors, while Magna could free up resources for its operations in electronics, powertrain and batteries. Antolin is based in Burgos, Spain.