Delphi Corp.
Type	Public Pink Sheets: DPHIQ
Founded	1997 in Troy, Michigan, USA
Headquarters	Troy, Michigan, USA
Key people	Rodney O'Neal, CEO, COO Robert S. Miller, Chairman Robert J. Dellinger, CFO
Industry	Automotive
Products	vehicle electronics, systems,modules, & components
Revenue	$26.392 Billion USD (2006)
Employees	171,400
Slogan	"Driving Tomorrow's Technology."
Website	www.delphi.com

Delphi is an automotive parts company headquartered in Troy, Michigan, USA. Delphi is one of the world's largest automotive parts manufacturers and has approximately 171,400 employees (50,000 in the United States). Image File history File links Delphi_top_logo. ... Pink Sheets is an electronic system, published by Pink Sheets LLC, to display bid and ask quotation prices. ... For the band, see 1997 (band). ... Troy is a city in Oakland County of the U.S. state of Michigan. ... Image File history File links This is a lossless scalable vector image. ... Troy is a city in Oakland County of the U.S. state of Michigan. ... Look up revenue in Wiktionary, the free dictionary. ... Image File history File links Red_Arrow_Down. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Auto parts are components of automobiles. ... Troy is a city in Oakland County of the U.S. state of Michigan. ...

With offices worldwide, the company operates 167 wholly owned manufacturing sites, 41 joint ventures, 53 customer centers and sales offices, and 33 technical centers in 38 countries. In business, a subsidiary is a company controlled by another company or corporation. ... A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. ...

History

• 1994: GM forms Automotive Components Group.
• 1995: ACG is renamed Delphi Automotive Systems.
• 1997: GM and Hughes Electronics Corporation spin-off of Hughes Defense electronics business and transfer Delco Electronics from Hughes to Delphi.
• 1999: Delphi Automotive Systems becomes fully independent public held corporation.
• 2002: Delphi Automotive Systems is renamed Delphi Corporation reflecting its diversified business direction.
• 2004: Delphi is subpoenaed by the Securities & Exchange Commission in July for irregular accounting practices and financial transactions.
• 2005: Delphi discloses irregular accounting practices. A number of executives, including CFO Alan Dawes, resign. Delphi Chairman J.T. Battenberg III retires. Delphi files for Chapter 11 bankruptcy protection to reorganize its struggling U.S. operations. As a result of this action, the Securities and Exchange Commission granted an application by the New York Stock Exchange to delist Delphi's common stock and bonds.^[1] The stock now trades over the counter on the Pink Sheets electronic exchange.
• 2006: Delphi announced it would sell off or close 21 of its 29 plants in the United States. The eight plants it intends to keep are located in Brookhaven, Mississippi; Clinton, Mississippi; Grand Rapids, Michigan; Kokomo, Indiana; Lockport, New York; Rochester, New York; Warren, Ohio; and Vandalia, Ohio, though even these plants will endure wage cuts and suffer workforce reductions.

The Securities and Exchange Commission, commonly referred to as the SEC, is the United States governing body which has primary responsibility for overseeing the regulation of the securities industry. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Delisting refers to the practice of removing the stock of a company from a stock exchange so that investors can no longer trade shares of the stock on that exchange. ... Common stock, also referred to as common shares, are, as the name implies, the most usual and commonly held form of stock in a corporation. ... For alternative meanings, see bond (a disambiguation page). ... Over-the-counter (OTC) trading is to trade financial instruments such as stocks, bonds, commodities or derivatives directly between two parties. ... Pink Sheets is an electronic system, published by Pink Sheets LLC, to display bid and ask quotation prices. ... Brookhaven is a city located in Lincoln County, Mississippi. ... Clinton is a city in Hinds County, Mississippi, United States. ... Nickname: Location of Grand Rapids within Kent County, Michigan Coordinates: , Country United States State Michigan County Kent Founded 1826 Incorporation (city) 1850 Government  - Mayor (Part-time) George Heartwell Area  - City  45. ... Kokomo (IPA: ) is the county seat of Howard CountyGR6, Indiana, United States, Indianas 13th largest city. ... Lockport is a city located in Niagara County, New York, United States. ... Nickname: Motto: Rochester: Made for Living Location of Rochester in New York State Country State County Monroe Government [1]  - Mayor Robert Duffy (D) Area  - City  37. ... Warren is a city in Trumbull County, Ohio, United States. ... Vandalia is a city located in Montgomery County, Ohio. ...

Corporate structure and leadership

Delphi is structured into the following groups:

• Consumer Products
• Manufacturer Products
• Aftermarket & Dealer Products

The company is focusing the organization on the following core strategic product lines: • Controls & Security (Body Security, Mechatronics, and Displays);

• Electrical/Electronic Architecture (Electrical/Electronic Distribution Systems, Connection Systems, and Electrical Centers);

• Entertainment & Communications (Audio, Navigation, and Telematics);

• Powertrain (Diesel and Gas Engine Management Systems);

• Safety (Occupant Protection and Safety Electronics); and

• Thermal (Climate Control & Powertrain Cooling).

During the Chapter 11 cases, Delphi has made substantial progress in identifying and implementing the sale (or receiving Bankruptcy Court approval to sell) or wind down of those facilities and business lines that do not support the company’s future strategic framework, including:

• The sale of the brake hose manufacturing business in Dayton, Ohio to Harco Manufacturing Group, LLC.

• The settlement of a social plan in the "Concurso," or Spanish insolvency proceeding, of Delphi Automotive Systems Espana S.L.;

• The sale of the brake components business, including a manufacturing plant in Saltillo, Mexico, to Robert Bosch LLC and its affiliate Frenados Mexicanos, S.A. de C.V.;

• The sale of substantially all of the assets of MobileAria, Inc. to Wireless Matrix USA, Inc.;

• The sale of a New Brunswick, N.J., battery manufacturing facility to Johnson Controls, Inc.;

• The wind-down of a Delphi Medical Texas facility in Houston, Texas;

• The consolidation of fuel injector production in Rochester, New York during 2006-2007, which allowed the Debtors to wind down a manufacturing facility in Coopersville, Michigan;

• The sale of the catalyst business to Umicore;

The company has also been in discussions regarding the sale of Delphi's Steering, Bearings and Interior and Closures businesses. The company will continue with its stated plans to sell or wind-down additional non-core product lines and manufacturing sites through 2008.

Current members of the board of directors of Delphi are: Martin E. Welch, John H. Walker, Craig G. Naylor, Raymond J. Milchovich, David N. Farr, John D. Englar, Robert H. Brust, Oscar De Paula Bernardes Neto, John D. Opie, Rodney O'Neal, and Robert S. Miller (chairman). In relation to a company, a director is an officer (that is, someone who works for the company) charged with the conduct and management of its affairs. ... Robert S.(Steve)Miller; Was hired as Delphi chairman by General Motors and Delphi Corp. ...

Rodney O'Neal is also the chief executive officer of the company (since January 1, 2007), replacing Robert S. "Steve" Miller. “Chief executive” redirects here. ... is the 1st day of the year in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ...

Environmental record

Researchers at the University of Massachusetts Amherst identified Delphi corp. as the 21st-largest corporate producer of air pollution in the United States in 2002.^[2] According to the study, the manufacturer's most toxic emissions include asbestos (542 lbs/year), chromium compounds (1082 lbs/year), lead compounds (8466 lbs/year), and sulfuric acid (17,600 lbs/year), while the most massive emissions are glycol ethers (111,520 lbs/year) and hydrochloric acid (80,000 lbs/year).^[3] The University of Massachusetts Amherst (otherwise known as UMass Amherst or UMass) is a research and land-grant university in Amherst, USA. The University of Massachusetts Amherst offers over 90 undergraduate and 65 graduate areas of study. ... Air pollution is a chemical, particulate matter, or biological agent that modifies the natural characteristics of the atmosphere. ... For other uses, see Asbestos (disambiguation). ... General Name, symbol, number chromium, Cr, 24 Chemical series transition metals Group, period, block 6, 4, d Appearance silvery metallic Standard atomic weight 51. ... For Pb as an abbreviation, see PB. General Name, Symbol, Number lead, Pb, 82 Chemical series Post-transition metals or poor metals Group, Period, Block 14, 6, p Appearance bluish gray Standard atomic weight 207. ... Sulfuric (or sulphuric) acid, H2SO4, is a strong mineral acid. ... Glycol ethers are a group of solvents based on alkyl ethers of ethylene glycol, also sometimes called Cellosolve. ... The chemical compound hydrochloric acid is the aqueous (water-based) solution of hydrogen chloride gas (HCl). ...

Corporate issues

In February 2007 the multinational Delphi Automotive Systems Holding Inc. announced the closure of its plant in Puerto Real, Cádiz, Spain, with a loss of 1600 direct jobs and more than 2500 indirect jobs.^[4] despite having agreed to continue its manufacturing operations until 2010 and receiving more than EUR 25 million from various public administrations in order to guarantee its workers' jobs.^[5] Location of Puerto Real Municipality Cádiz Mayor José Antonio Barroso Toledo Area    - City 197 km²  - Land 197 km²  - Water 0. ... Cádiz province Cádiz is a province of southern Spain, in the southwestern part of the autonomous community of Andalusia, being the southernmost point of continental Western Europe. ...

The Andalusian autonomous government announced it would begin legal action against the company for breach of local labor laws. ^[6] For other uses, see Andalusia (disambiguation). ... Autonomous communities of Spain. ...

Consumer electronics

Delphi is a major player in the XM Satellite Radio and GPS market. Among their most widely recognized (and advertised) products are: “XM” redirects here. ... Over fifty GPS satellites such as this NAVSTAR have been launched since 1978. ...

• Mobile Navigation
  • NAV200 (portable GPS)
  • TNR800 (in-dash GPS)
• Mobile Video
• Satellite Radio

Myfi family

• • MyFi (portable XM)
  • Myfi 2 (3rd generation of XM2go)

Roady Family

• • Roady (XM)
  • Roady 2 (XM)
  • Roady XT (XM)
  • Roady XT 2 (XM)

Skyfi Family

• • Skyfi (XM)
  • SkyFi2 (XM)
  • SkyFi3 (XM)
• XM Signal Repeater

Manufacturer Products

Delphi designs, engineers and manufactures a wide variety of components, integrated systems and modules on a worldwide basis, and is the largest and most diversified supplier of automotive parts. In January 2000 Delphi acquired the diesel systems business of Lucas TRW, making Delphi the world's second largest manufacturer of Diesel Fuel Injection equipment. Delphi Diesel owns the brands of CAV/Simms/RotoDiesel and Condiesel, the division also runs 10 subsidiary distribution companies in Brazil, China, France, Germany, Italy, Spain, Mexico, Turkey, UK and USA. The diesel aftermarket company is headquartered in Warwick UK.

Delphi launched a solenoid diesel common rail injector, the uprated Multec system takes proven solenoid diesel injectors to Euro 6 / US Tier 2 and beyond. New 1,800 bar system : A new version of Delphi’s proven diesel common rail system will allow compliance with Euro 6 and US Tier 2 Bin 5 without costly next-generation injection technologies. Continuing the evolution of the firm’s successful solenoid injector family, the new system provides Delphi’s customers with seamless progression from Euro 3 well into the next generation of tough global emissions requirements. Delphi was the first to develop a solenoid injector that challenges the performance of servo piezo injection systems and the first to introduce closed loop control for diesel. It’s been a very successful strategy that has helped the company grow steadily to become the world’s second largest supplier of diesel common rail systems. Thier customers have proven that, for most applications, a well-engineered system using solenoid injectors can comfortably satisfy the requirements of Euro 5. Now we are taking this strategy to Euro 6 and beyond.

Delphi also manufactures the MagneRide suspension dampers, which use ferrofluid to adjust the damping rate of the shock absorbers based on road conditions, to offer an effective compromise between ride and handling ^[7]. These can be found on the Audi R8 ^[8], Audi TT, Chevrolet Corvette C5, Cadillac Seville STS and Ferrari 599. MagneRide is a semi-active suspension technology from Delphi Corporation. ... Ferrofluid on glass, with a magnet underneath. ... Audi will use the R8 name on two different automobiles, a racing car and a sports car. ... The Audi TT is a sports car produced by Audi since 1998 in Győr, Hungary. ... For an outline of all the Chevrolet Corvette generations see Main article: Chevrolet Corvette The Chevrolet Corvette C5 is a sports car which started in 1997 and ended with the 2004 model year. ... The Cadillac Seville was a luxury car manufactured by the Cadillac division of American automaker General Motors. ... The Ferrari 599 GTB Fiorano (internal code F139) is a forthcoming 2-seat Gran Turismo, to replace the 575M Maranello in 2006 as a 2007 model. ...

References

1. ^ SEC delisting order
2. ^ Political Economy Research Institute
3. ^ Toxic 100 detailed company report (Toxics Release Inventory)
4. ^ "Delphi to close Spain factory, cut jobs", BusinessWeek, February 23, 2007
5. ^ "Closure of the Delphi undertaking in Puerto Real, Cádiz", Parliamentary question submitted by Willy Meyer Pleite MEP to the European Commission
6. ^ "Zarrías dice que no permitirá que Delphi 'se ría de Andalucía'", Terra.es, February 23, 2007
7. ^ "Delphi MagneRide" Delphi Website
8. ^ "Audi R8 Features Delphi's Revolutionary MagneRide Semi-Active Suspension" Delphi Press Release

Terra Networks, S. A., usually referred to as Terra, is an Internet multinational company with headquarters in Spain. ...

External links

• Delphi website
• SEC Litigation Release
• Slate article on bankruptcy
• Website concerning Delphi's ongoing bankruptcy case

• Delphi Monsoon Premium Audio for automobiles