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Delphi Automotive Systems to Join Covisint Exchange

8 June 2000

Move Demonstrates Use of New Economy Tools to Accelerate Cost Savings
    
    TROY, Mich. - Delphi Automotive Systems announced today that it has signed 
a letter of intent to join Covisint, the global Internet exchange being formed 
by General Motors, Ford, DaimlerChrysler, Renault and Nissan.  Richard L. 
Radecki, corporate director of the Delphi e-business program office, made the 
announcement.

    According to Radecki, Delphi plans to use Covisint as the primary exchange
for conducting electronic transactions with customers and suppliers.  Delphi
is the world's largest automotive supplier with revenues exceeding $29 billion
in 1999.  Delphi purchased more than $15 billion of goods and services last
year.

    "Delphi is a strong proponent of common standards and infrastructure to
reduce potential system redundancies.  We believe Covisint addresses this
issue and through our participation we expect to continue to accelerate our
revenue growth, supply chain cost reduction and enhanced communications.
Additionally, we believe Covisint will move the industry forward with
solutions in collaborative engineering and global supply chain management,"
Radecki said.

    He added that the move to join Covisint builds on a foundation of
experience in e-business and online procurement that yielded Delphi more than
$70 million in identified savings last year.  And, Delphi executives expect
Covisint to propel savings beyond this level.

    "Of course, we will continue to respond to the requirements of all of our
customers irrespective of their choice for Internet exchange services,"
Radecki added.

    According to executives at Covisint, having the largest automotive
supplier join the exchange validates the direction of the venture and
highlights the potential benefits to the entire automotive industry.  Customer
input is critical during the development phase and active participation from
Delphi and other major partners will help ensure its success.

    "As a key tier one supplier, having a voice in this process will enhance
the value not only for us, but for our OEM customers and the supply base,"
Radecki said.

    Officially named Covisint last month, the new venture will be established
as an independent company and will offer products and services designed to
help auto makers and suppliers achieve efficiencies throughout the supply
chain.  Currently, Commerce One and Oracle are the two primary technology
providers to the planned venture.  Covisint will integrate best-of-breed
technologies to provide solutions for its customers.

    Multi-national Delphi Automotive Systems, with headquarters in Troy,
Mich., USA, Paris, Tokyo and Sao Paulo, Brazil, 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 213,000 employees and operates 176 wholly owned manufacturing
sites, 41 joint ventures, 53 customer centers and sales offices and 30
technical centers in 38 countries.  

    Forward-Looking Statements

    This press release, other than historical financial information, contains
forward-looking statements that involve a number of risks and uncertainties.
Important factors that could cause actual results to vary materially from
those anticipated in the forward-looking statements are set forth in Delphi's
Securities and Exchange filings, including without limitation, Delphi's Annual
Report on Form 10-K for the fiscal year ended December 31, 1999.