Delphi Brings Electrical/Electronic Architecture Expertise to Automotive, Transportation Industries
Delphi poised to meet growing customer demand for sophisticated E/E systems
TROY, Mich., Oct. 9 -- Vehicles are amazingly complex. Most have more than one mile of wiring, dozens of computer modules and multiple serial data links. At once, a vehicle's electrical/electronic (E/E) architecture must support transportation, entertainment, occupant protection and other vital vehicle systems.
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With its long history of engineering electrical and electronic systems, Delphi Corporation can take on the task of balancing complex functional requirements against OEM customer metrics such as mass, assembly time and cost. Delphi can bring this balanced approach for E/E architecture to motorcycles, cars, trucks and even commercial vehicles.
Made up of the electrical distribution and electronic components, Delphi's E/E architecture methodology ensures the optimal selection of vehicle data networks, diagnostics, fault tolerance, physical/functional partitioning, and power and signal distribution. Delphi has competencies spanning across multiple product business units dedicated to this vital expertise, and a manufacturing and engineering footprint to support it in 27 countries across the globe.
Vehicle Electronics Have Come A Long Way
No longer does a vehicle electronic system control just one or two accessories. As vehicles become equipped with more electronically-driven features like navigation systems, satellite radio, airbags, climate control and power closures, the development of E/E architecture has evolved into a more prominent role in the transportation industry. Now more than ever, vehicle manufacturers need a supplier capable of analyzing their needs, and designing and manufacturing complete systems to meet them.
Delphi has a portfolio of products and proprietary software in its technical toolkit to make it one of the few suppliers able to fulfill every E/E requirement a customer can have.
Electrical/Electronic Distribution Systems offers complete electrical architecture design and components, including advanced wiring and cable products.
Connection Systems can supply more than 200,000 different types of connection systems -- everything from lightweight and miniaturized connectors to products for advanced hybrid vehicle systems.
Electrical Centers is responsible for the central electrical distribution units that route signals and ensure proper circuit protection throughout the vehicle.
Controls & Security supplies electronic control modules, smart switches and intelligent human-machine interfaces networked throughout the vehicle.
Delphi can offer customers everything from a balanced E/E architecture design to the finished high-quality components. Systems engineering centers in all major world markets position Delphi to support customers in their own backyard.
"We've realigned our business to focus our technical resources on our customers' growing need for complete E/E architecture systems support. We anticipate significant growth in this area as electronics continue their increasing presence in today's automobiles," said James Spencer, vice president, Delphi Corporation, and president, Delphi Packard Electrical/Electronic Architecture.
Structural Design Saves Time, Money and Space
Much like constructing a home or building, the process of planning and plotting a vehicle's electrical/electronic system early in the vehicle design cycle leads to numerous benefits down the road.
Delphi engineers use proprietary design tools and software to create a virtual model of the E/E architecture -- right down to the last connector, electrical center, electronic module, wiring harness and serial data network. With computer modeling and simulation tools, design direction can be verified to meet customer requirements for cost, mass, packaging and more.
With Delphi's engineering expertise, it's possible to create new designs that can reduce mass by up to 20 percent and cost by as much as 30 percent -- all while improving functionality. Additional benefits include enhanced reliability and better assembly line compatibility.
"The electrical system is a natural integrator," Spencer said. "It touches all areas of the vehicle, including harsh environments and densely packaged real estate. E/E architecture complements how our customers want to build their vehicles, while further improving packaging so electrical and electronic components fit in smaller or better places. In some instances it can eliminate the need for channels, shields and other protective components which translates into significant savings."
Numerous vehicles already benefiting from Delphi's E/E architecture expertise are on the road in Asia, Europe and North America -- and more are on the way as OEMs discover the value in working closely with Delphi on their E/E architecture vision.
"Having one dedicated supplier involved in E/E architecture from the design and development stage to the manufacturing stage streamlines the process and offers the customer tremendous value. It is a way to fully optimize the potential of E/E systems technology," Spencer said.
For more information about Delphi Corp. (Pink Sheets: DPHIQ), visit http://www.delphi.com/
FORWARD LOOKING STATEMENT
This press release, as well as other statements made by Delphi may contain forward-looking statements within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, 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. 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 ("DIP") financing facility; the company's ability to obtain court approval with respect to motions in the chapter 11 proceeding prosecuted by it from time to time; the ability of the company to develop, prosecute, confirm and consummate one or more plans of reorganization with respect to the 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 execute its business plans, including the transformation plan described in the Company's March 31, 2006 press release, and to do so in a timely fashion; 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; and the ability of the company to attract and retain customers. Other risk factors are listed from time to time in the company's United States Securities and Exchange Commission reports, including, but not limited to the Annual Report on Form 10-K for the year ended December 31, 2005. 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 pre-petition liabilities, common stock and/or other equity securities. Additionally, no assurance can be given as to what values, if any, will be ascribed in the bankruptcy proceedings to each of these constituencies. A plan of reorganization could result in holders of Delphi's common stock receiving no distribution on account of their interest and cancellation of their interests. Under certain conditions specified in the Bankruptcy Code, a plan of reorganization may be confirmed notwithstanding its rejection by an impaired class of creditors or equity holders and notwithstanding the fact that equity holders do not receive or retain property on account of their equity interests under the plan. In light of the foregoing and as stated in its October 8, 2005, press release announcing the filing of its Chapter 11 reorganization cases, the company considers the value of the common stock to be highly speculative and cautions equity holders that the stock may ultimately be determined to have no value. Accordingly, the company urges that appropriate caution be exercised with respect to existing and future investments in Delphi's common stock or other equity interests or any claims relating to pre-petition liabilities.
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