SOURCE: Delphi Corporation

April 23, 2008 12:12 ET

Delphi Powertrain Showcasing Fuel Economy and Emissions Solutions at Vienna Motor Symposium

Delphi Presenting Paper on Breakthrough Direct Acting Diesel Fuel Injection System

VIENNA, AUSTRIA--(Marketwire - April 23, 2008) - During this week's 29th International Vienna Motor Symposium held here at the Hofburg Congress Center, Delphi's (PINKSHEETS: DPHIQ) Powertrain Systems division will display a number of technologies that address the question of how to meet stringent emissions standards while improving fuel efficiency and performance. In addition, Delphi engineers will present a paper on exceeding customer expectations with the direct acting diesel fuel injection system.

Attendees visiting Delphi's exhibit will have the opportunity to experience:

--  Diesel Engine Management System (EMS) Technology
    --  Delphi Multec® Diesel Common Rail (CR) System
    --  Diesel Direct Acting Piezo CR System
--  Gasoline EMS Technology:
    --  Gasoline Direct Injection (GDi)
    --  Variable Valve Actuation (VVA)
--  Transmission Management System
--  Fuel Handling and Evaporative Management Systems

On Thursday (April 24), Delphi's Detlev Schoeppe, Engineering director for Delphi Diesel Systems (DDS), will lecture on the Delphi paper: "Exceeding Customer Expectations with the Innovative Direct Acting Diesel Fuel Injection System: Unique Advantages of a Breakthrough Technology." Along with Schoeppe, the paper's co-authors include:

--  Martin Hardy - DDS department manager (Gillingham, England)
--  Stefan Zuelch - DDS chief engineer (Gillingham, England)
--  Derk Geurts - DDS chief engineer (Bascharage, Luxembourg)
    

An excerpt from the paper: "With the Direct Acting Common Rail System, Delphi is bringing to production an innovative concept in Diesel Fuel Injection technology. In [this] system, the injector needle is set in motion directly by a piezo ceramic actuator, rather than being moved via an electro-hydraulic circuit as with the existing fuel injection technologies. ...We will show how it completes the current Delphi Diesel product portfolio enabling Delphi to exceed customer expectations."

The Vienna Motor Symposium promises to present the latest results in worldwide engine and powertrain development, future legislation, new engines, fuels and powertrain, components, drive-train electrification, hybrid technology, CO2 reduction, and exhaust emission control. More information is available at www.xn--vk-eka.at/index_en.htm.

ABOUT DELPHI POWERTRAIN SYSTEMS

Delphi's powertrain technologies provide robust solutions to complex challenges, helping its customers develop vehicles that offer outstanding performance, refinement and emissions. They include multi-point injection and direct injection gasoline systems, common rail and rotary pump diesel systems in a range of capacities and, for heavy duty diesel applications, Electronic Unit Injectors and Electronic Unit Pumps. They are complemented by innovative fuel handling, evaporative emissions, transmission control, valve train, and aftertreatment solutions.

For more information, visit www.Delphi.com.

Forward-Looking Statements

This release, as well as other statements made by Delphi may contain forward-looking statements that reflect, when made, the Company's current views with respect to current events and financial performance. Such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the Company's operations and business environment which may cause the actual results of the Company to be materially different from any future results, express or implied, by such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue," the negative of these terms and other comparable terminology. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the following: the ability of the Company to continue as a going concern; the ability of the Company to operate pursuant to the terms of the debtor-in-possession financing facility and to obtain an extension of term or other amendments as necessary to maintain access to such facility; the Company's ability to obtain Court approval with respect to motions in the chapter 11 cases prosecuted by it from time to time; the ability of the Company to consummate its Amended Plan which was confirmed by the Court on January 25, 2008 or any other subsequently confirmed plan of reorganization; risks associated with third parties seeking and obtaining Court approval to terminate or shorten the exclusivity period for the Company to propose and confirm one or more plans of reorganization, for the appointment of a chapter 11 trustee or to convert the cases to chapter 7 cases; the ability of the Company to obtain and maintain normal terms with vendors and service providers; the Company's ability to maintain contracts that are critical to its operations; the potential adverse impact of the chapter 11 cases on the Company's liquidity or results of operations; the ability of the Company to fund and execute its business plan (including the transformation plan described in Item 1. Business "Plan of Reorganization and Transformation Plan" of the Annual Report on Form 10-K for the year ended December 31, 2007 filed with the U.S. Securities and Exchange Commission) and to do so in a timely manner; the ability of the Company to attract, motivate and/or retain key executives and associates; the ability of the Company to avoid or continue to operate during a strike, or partial work stoppage or slow down by any of its unionized employees or those of its principal customers and the ability of the Company to attract and retain customers. Additional factors that could affect future results are identified in the Annual Report on Form 10-K for the year ended December 31, 2007 filed with the U.S. Securities and Exchange Commission, including the risk factors in Part I. Item 1A. Risk Factors. Delphi disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise. Similarly, these and other factors, including the terms of any reorganization plan ultimately confirmed, can affect the value of the Company's various prepetition liabilities, common stock and/or other equity securities.

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