Delphi Joint Venture Wins Business from Shanghai GM
19 April 2000
Delphi Joint Venture Wins Business from Shanghai GMFLINT, Mich., April 19 Shanghai Delphi Emission Control Systems Co. Ltd., a new joint venture between Delphi Automotive Systems (NYSE: DPH) and Shanghai GuoZhong Industrial Co. Ltd., has won catalytic converter business with Shanghai General Motors, according to Guy C. Hachey, president of Delphi Energy & Chassis Systems. Delphi's joint venture agreement with Shanghai GuoZhong Industrial makes it the only supplier of a complete catalytic converter system in the People's Republic of China. Shanghai Delphi Emission Control Systems, located in Shanghai, produces and sells a complete converter system, including the catalyst. Major customers are Shanghai GM, ChangAn Automotive and several minivan manufacturers, including Changhe Suzuki Automobile, Shanxi Hanjiang Automotive and Harbin Aircraft. The venture complements Delphi Energy & Chassis' joint venture in Beijing, which was announced in November, according to Marcus Chao, president of Delphi China. Catalytic converters capture pollutants, such as carbon monoxide, hydrocarbons and oxides of nitrogen, from engine exhaust streams and convert them into carbon dioxide. Delphi Energy & Chassis Systems is the worldwide leader in the development and manufacture of automotive catalytic converters. Delphi Automotive Systems, headquartered in Troy, Mich., USA, is a world leader in transportation and mobile electronics components and systems technology. Delphi's three business sectors -- Dynamics & Propulsion; Safety, Thermal & Electrical Architecture; and Electronics & Mobile Communication -- provide comprehensive product solutions to complex customer needs. Delphi has approximately 214,200 employees, and operates 178 wholly owned manufacturing sites, 41 joint ventures, 53 customer centers and sales offices and 27 technical centers in 39 countries. Regional headquarters are located in Paris, Tokyo and Sao Paulo, Brazil. Delphi can be found on the Internet at http://www.delphiauto.com .