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Delphi to Provide Electrical Architecture Support For Ford's Long-Running Trio of Full-Size Luxury Cars

Electrical Systems Expertise Brought to Automaker's Crown Victoria, Grand Marquis and Town Car Offerings

WARREN, Ohio, Feb. 17 -- Beginning in 2004, Delphi will provide the complete electrical distribution system for Ford Motor Company's stable of full-size, rear-wheel-drive vehicles -- the Ford Crown Victoria, Mercury Grand Marquis and Lincoln Town Car -- and will be playing a major role in supporting the automaker's continued efforts to refine what are already industry hallmarks of luxury and comfort.

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It marks Delphi's continued drive to bring comprehensive electrical architecture solutions and expertise to Ford, doing so on a passenger car platform that's been a mainstay in its vehicle lineup for years, and one that gives the manufacturer a distinct advantage in a unique vehicle segment.

"Ford has been successfully coming to market in this segment with a choice of three nameplates that, while somewhat different in their makeup, are all very strong values for consumers seeking affordable luxury and distinction," said George Kralovich, director of global sales at Delphi Packard Electric. "Ford has established a very loyal customer base with those virtues, and we look forward to playing a key part in Ford's effort to satisfy consumers and bring new buyers into the fold."

Steve Duca, director of global engineering at Delphi Packard Electric, said that the ability to meet Ford's target of bringing refreshed and enhanced versions of the Crown Victoria, Grand Marquis and Town Car to consumers next year was critical for the automaker. Also key was Delphi's capability to provide robust electrical distribution system solutions to help ensure these vehicles' traditionally high levels of durability and reliability.

"There are many options and considerations involved in optimizing a vehicle's electrical architecture. Our team was able to provide Ford with a system that was optimized across the full range of options and features for these vehicles," Duca said, noting as an example of special needs the special requirements of high- and rugged-use applications (the Ford Crown Victoria is a perennial best-selling favorite of police and fire departments in North America).

"Another critical part of our efforts to exceed Ford's expectations is the value we bring through our on-site engineering support at both their design center in Dearborn and their vehicle assembly plants," Duca continued. "Our focus is on 'installed' quality. Full-service suppliers are expected to do this, and help vehicle manufacturers provide value to their customers. We believe we're doing that with Ford, and we are eager to continue working together to identify future opportunities to enhance value."

For more information about Delphi, visit Delphi's Media Room at www.delphi.com/media.

Forward Looking Statements

All statements contained or incorporated in this press release which address operating performance, events or developments that we expect or anticipate may occur in the future (including statements relating to future sales or earnings expectations, volume growth, awarded sales contracts or statements expressing general optimism about future operating results) are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of management's current views and assumptions with respect to future events. Important factors, risks and uncertainties which may cause actual results to differ from those expressed in our forward-looking statements are discussed in detail in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended December 31, 2003. In particular, the achievement of projected levels of revenue over a long-term supply contract will depend in part on vehicle production rates which may be affected by, among other things, changes in operations, financial condition or market share of our customer and changes in general economic conditions, changes in the automotive industry and changes in our ability to satisfy service, technology, quality and requirements. Delphi does not intend or assume any obligation to update any of these forward-looking statements.

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