SOURCE: Delphi Corporation

Delphi Corporation

September 15, 2009 09:00 ET

New Technologies From Delphi Help Vehicles Unveiled at IAA to Be Safer, Greener and Better Connected

Delphi Technologies Displayed on New Models at IAA Frankfurt Motor Show

E-mobility: Innovative Technologies for Hybrid and Electric Vehicles

FRANKFURT, GERMANY--(Marketwire - September 15, 2009) - According to the European automotive supplier association (CLEPA), automotive suppliers account for approximately 75 percent of the vehicle industry's final product value and are responsible for approximately 50 percent of the research and development in the sector.

"The latest technologies from automotive suppliers are helping car makers develop new vehicles that meet market demands for safer and greener vehicles, and help drivers remain connected to their daily lives. Delphi is a flexible and reliable partner for the long term that provides innovative and affordable solutions to today's and tomorrow's industry challenges," said Rodney O'Neal, Chief Executive Officer and President, Delphi Corporation.

From state-of-the-art electronics and safety systems to intelligent electrical/electronic architectures and environmentally-friendly powertrain technologies to advanced thermal systems, and infotainment systems that help keep drivers connected, Delphi is committed to providing car makers innovative technologies that meet real world needs. Several Delphi technologies are being featured on new car models being unveiled at the IAA Frankfurt Motor Show.

Innovative technologies included on new models shown at the IAA Frankfurt Motor Show include the following:

--  Halogen free cable - Delphi's Halogen-Free Ultra-Thin-Wall Cable is a
    highly durable automotive cable with significantly lighter and thinner
    insulation than traditional cable. A recyclable and environmentally-
    friendly product free of dangerous halogens, it offers pinch resistance
    that is nearly double that of traditional cable and outstanding abrasion
    resistance. The use of this advanced cable also leads to cable size and
    weight reduction, which in turn cuts down on the amount of CO2 emissions
    the vehicle produces. It is featured on the new Ferrari 458 Italia that has
    been unveiled at the IAA. More information available at:
    http://delphi.com/manufacturers/auto/ee/cables/halogenfree/
    
--  eCall Antenna - The European Union has announced recently that the
    eCall system may be required on new European cars by 2014. Delphi has
    developed technologies which support the planned European standard-based
    emergency call system (eCall). The eCall initiative is an activity promoted
    by the European Union, which is aimed at reducing the number of fatal
    casualties in accidents. Vehicles equipped with the eCall emergency system
    can be controlled by a mobile telephone system. In the event of an
    accident, an emergency call is sent either automatically or manually by the
    driver, to the nearest rescue services station. The general aim of the
    concept is to help reduce the response time to an emergency call, thereby
    enabling assistance to be rendered faster, while also lowering the number
    of fatal accident casualties. The new BMW X1 launched at the IAA features
    Delphi's eCall antenna.
    
--  Direct Acting Diesel Common Rail - Delphi's innovative approach in the
    design of a new common rail injector uses a piezo stack to directly actuate
    the needle of the injector nozzle (direct acting concept) instead of using
    today's servo concepts. The direct acting injector provides a reduction in
    engine-out emissions and fuel consumption. A revolutionary, rather than
    evolutionary, development path was followed to realize new levels of
    functionality and exceed customer requirements. The system is on the road
    today. More information available at:
    http://delphi.com/manufacturers/auto/powertrain/diesel/crfs/directact/
    
--  Smart Fuse Box - Delphi has developed the first smart fuse box that
    includes a dedicated ECU for enhanced battery management. Thanks to the
    development of a new high power bi-stable relay that meets harsh automotive
    environments, the unit, located on the battery, provides significant energy
    management functionalities that reduce battery size, weight, and total
    function cost, while protecting the vehicle against short circuits.
    Optional features, such as an integrated battery monitoring system, can
    also be offered. It is featured on several new PSA Peugeot Citroën models,
    including the newly unveiled Peugeot 5008.
    
--  Innovative plug and play Powertrain Cooling Module - Delphi has
    developed a new flexible, interchangeable and cost-efficient Powertrain
    Cooling Module that can be customized easily for various packaging and
    performance requirements and adapted quickly to regional specifications
    around the globe. With a remarkably low weight, high-power ratings, and
    increased corrosion resistance, the module -- consisting of a cooling fan,
    radiator, air cooler and condenser -- allows for flexibility in packaging
    and significantly simplifies assembly. The new plug and play system is 10
    to 15 percent lighter and more efficient than traditional extruded or
    welded systems due to the folded internal structure of its pipes, allowing
    for reduced fuel consumption and CO2 emissions from the vehicle. More
    information available at:
    http://delphi.com/manufacturers/auto/heatcool/pwrtrncool/modules/
    
--  TV Reception System - Featured on the new BMW 5er Gran Turismo, the
    Delphi TV Reception System provides worldwide color TV reception in
    vehicles by using multiple in-glass or composite body structure antennas,
    integrated amplifiers and ScanDiv™ scanning diversity technology.
    Patented ScanDiv technology automatically selects the best audio and video
    signal from the 2 or 3 antennas to provide passengers the same TV quality
    that they would expect at home. More information available at:
    http://delphi.com/manufacturers/auto/entertainment/reception/mobiletv/.
    
--  Charge Air Cooler - Delphi Charge Air Coolers not only enhance engine
    performance but also help lower exhaust emissions. In turbocharged engine
    applications, the air used for the engine combustion is compressed to
    increase its density. The thermodynamic effect of this compression is a
    temperature increase up to 220°C. Delphi Charge Air Coolers (CAC) are
    designed to cool this air to further improve its density allowing more air
    mass flow to the engine. This makes the combustion more efficient resulting
    in better engine performance and lower exhaust emissions. Delphi's Charge
    Air Coolers are featured on the new Peugeot RCZ, which was unveiled at the
    show. More information can be found at:
    http://delphi.com/manufacturers/auto/heatcool/pwrtrncool/crg_a_clr/
    

Delphi engineers are currently working on the technologies which will be featured on tomorrow's cars. More drivers are expressing interest in hybrid and electric vehicles, as seen at the IAA Frankfurt Motor Show, and vehicle manufacturers are faced with unique challenges as they strive to meet consumer demand, and many countries are taking initiatives to develop greener vehicles. Germany recently unveiled a plan to have a million electric cars on German roads by 2020 and to transform the country into the world's top market for the zero-emission vehicles.

Delphi is taking steps to help our customers achieve this goal. As they turn to leading suppliers to help them achieve their performance, fuel economy, and emissions objectives, Delphi is ready with real-world solutions. From power electronics and electrical/electronic architecture to thermal management technologies and automotive aftermarket expertise, Delphi hybrid and electric vehicle technologies are helping manufacturers increase fuel economy, reduce emissions and enhance safety with products designed to provide peak performance, resolve packaging challenges and lower cost.

A selection of new vehicles launched at the IAA featuring Delphi technology include:

--------------------------------------------------------------------------
  BMW 5ER GRAN TURISMO              Pencil Coils, Roof Module, Seat
                                    Switch, TV-Receiver
--------------------------------  ----------------------------------------
  BMW X1                            Carbon Canisters, eCall Antenna,
                                    Various switches (Window Lifter
                                    Switches, Steering Wheel Switches
                                    Plus Paddles, Seat Switches)
--------------------------------  ----------------------------------------
  CITROËN C3                        Alarm System, EPS (Electric Power
                                    Steering) Single Pinion, Front
                                    and rear damper, Remote Keyless
                                    Entry, Seat heating switch,
                                    Transponder Antenna, Window
                                    lifter, Wiring Harness, 5-way
                                    connector with TPA (Terminal
                                    Position Assurance)
--------------------------------  ----------------------------------------
  FERRARI 458 ITALIA                HVAC (Heating, Ventilation, Air
                                    Conditioning Module), Wiring
                                    Harness, MagneRide Suspension.
--------------------------------  ----------------------------------------
  MERCEDES E-CLASS COUPE CABRIO     DAB-Tuner, Direct Acting Piezo
                                    Common-Rail Diesel, Engine
                                    Wiring, Hydraulic Lash Adjuster +
                                    ignition coils (on V6 and V8
                                    engines), Hybrid TV-Tuner,
                                    Integrated Antenna, PODS
                                    (Passenger Occupant Detection
                                    System), Remote Audio Tuner,
                                    Ultrasonic Alarm
--------------------------------  ----------------------------------------
  OPEL ASTRA                        ECUs (Electronic Control Units),
                                    ICP (Integrated Centre Panel),
                                    Ignition, Powertrain Cooling
                                    Module (Condensor Radiator Fan
                                    Module, Charge Air Cooler),
                                    Compressor, Wire Harness for Fuel Tank
--------------------------------  ----------------------------------------
  PEUGEOT RCZ                       Alarm System, Column Integrated
                                    Module, Radiator, Condensor and
                                    Charge Air Cooler, Cruise
                                    control, Radio switch, Seat
                                    heating switch, Selespeed (speed
                                    selection control under the
                                    steering wheel), Transponder
                                    Antenna, Underhood Body Controler
                                    (BSM CAN), Window lifter
--------------------------------  ----------------------------------------
  PEUGEOT 5008                      Alarm System, CAN Gateway (BIR),
                                    Cruise control, Radio switch,
                                    Remote Keyless Entry, Smart Fuse
                                    Box (BPGA : Boîtier de Protection
                                    et de Gestion des Alimentations),
                                    Seat heating switch, Selespeed
                                    (speed selection control under
                                    the steering wheel), Transponder
                                    Antenna, Underhood Body Controler
                                    (BSM CAN)
--------------------------------  ----------------------------------------
  RENAULT MEGANE CABRIO             Cam phaser on Engine K4M+ (1,6l
                                    16V), Diesel Common Rail Systems
                                    (Engine K9K), Connectors 6-way
                                    header, Various switches (Trunk
                                    switch, Head Lamplevelling Module
                                    + dimmer, hazard/door lock)
--------------------------------  ----------------------------------------
  SAAB 9-5                          HVAC (Heating ventilation air
                                    conditioning module), Wiring harness
--------------------------------  ----------------------------------------
  VOLKSWAGEN AMAROK                 HVAC (Heating ventilation air
                                    conditioning module), Transponder
--------------------------------------------------------------------------

Innovation for the Real World

Delphi brings the power of innovation to a wide range of products and services that add value for car makers and car drivers alike. From vehicle components and systems to medical devices and beyond, Delphi delivers real-world innovations that help make products smarter, safer, more powerful, and much more valuable.

For more information about Delphi (PINKSHEETS: DPHIQ), visit www.delphi.com.

FORWARD-LOOKING STATEMENTS

This press 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 liquidity support agreements with GM, its debtor-in-possession financing facility and the related accommodation agreement, and to obtain an extension of term or other amendments as necessary to maintain access to such liquidity support agreements and 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, and to consummate the Modified Plan or any subsequently filed plan of reorganization and to consummate such plan or other consensual resolution of Delphi's Chapter 11 cases; 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 as described in the Modified Plan as filed with the bankruptcy court 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, including the risk factors in Part I. Item 1A. Risk Factors contained therein and in Part II. Item 1A. Risk Factors in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2009. 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. Under the Modified Plan confirmed by the Court on July 30, 2009, holders of Delphi's common stock will receive no value.

Contact Information

  • CONTACT:
    Marie-Pierre Ygrié (Europe)
    Tel : +33 (0)1 49 90 47 52
    Email Contact