Delphi, GM and Unions To Continue Talks

Work Progressing in Consensual Talks; 3-Way Discussions to Continue

TROY, MI - Feb. 17, 2006: Delphi Corporation (Pink Sheets: DPHIQ) announced today that based upon progress in discussions with its major unions and General Motors, Delphi will continue talks in an effort to achieve a comprehensive agreement no later than March 30, 2006. Absent agreement with all parties, Delphi will file no later than March 31, 2006 its motion under Sections 1113 and 1114 of the U.S. Bankruptcy Code to initiate the process of seeking court authorization to reject the collective bargaining agreements and terminate hourly post-retirement health care plans and life insurance.

"While major obstacles and difficult issues remain to be resolved, the discussions to date with GM and our major unions helped frame the concerns and objectives of each organization," said Delphi Chairman and CEO Robert S. "Steve" Miller.

"As we have said before, we remain committed to reaching a consensual agreement. This deadline should provide us sufficient time to deal with the complexities inherent in fashioning practical and workable solutions, and an effective agreement that works for all of us," Miller said.

Previously, Delphi had announced it would file the motion no sooner than Feb. 17, 2006.

Delphi's Chapter 11 case for reorganization of its U.S. operations is being heard in the Southern District of the U.S. Bankruptcy Court.

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