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Delphi

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Delphi
Vehicle Parts Manufacturer

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A manufacturer of auto parts formed in 1994 as a division of General Motors, and spun off from GM in 1999. In December 2017 the company spun off its powertrain & aftermarket businesses into Delphi Technologies and changed its name to Aptiv.

History

The following section is an excerpt from Wikipedia's Aptiv page on 5 May 2019, text available via the Creative Commons Attribution-ShareAlike 3.0 Unported License.

The business was established as the Automotive Components Group in 1994 and changed its name to Delphi Automotive Systems in 1995. Delphi disclosed some irregular accounting practices in 2005. A number of executives, including CFO Alan Dawes, resigned. Delphi Chairman J.T. Battenberg retired. Delphi then filed for Chapter 11 bankruptcy protection to reorganize its struggling U.S. operations. As a result of this action, the Securities and Exchange Commission granted an application by the New York Stock Exchange to delist Delphi's common stock and bonds.

Plants in Puerto Real, Cádiz, Spain, closed, with a loss of 1,600 direct jobs, and more than 2,500 indirect jobs in February 2007, despite having agreed to continue its manufacturing operations until 2010 and receiving more than €25 million from various public administrations in order to guarantee its workers' jobs. The Regional Government of Andalusia announced it would begin legal action against the company for breach of local labor laws.

Delphi sued its investors for US$2.55 billion in securities to aid Delphi as it sought to come out of bankruptcy in May 2008. U.S. Bankruptcy Judge Robert Drain in New York allowed Delphi to seek payments through a contract against Appaloosa Management LP as well as denying an investors' request for a cap of $250 million for damages. In April 2009 CoolIT Systems announced the acquisition of the assets of Delphi Thermal Liquid Cooling including intellectual property, machinery, and equipment.

Delphi invented the Quadrasteer system used in some GM pickups and Suburbans between 2002 and 2005. Delphi's core assets were purchased by a group of private investors to create a new Delphi Corporation in October 2009. Some of its non-core steering operations sold to General Motors Company, the successor to the bankrupt Motors Liquidation Company that used to be the old General Motors Corporation. The stock was cancelled. The old Delphi Corporation was renamed DPH Holdings Corporation. The new Delphi incorporated in the United Kingdom.

Delphi sold its Thermal Business unit to Mahle-Behr GmbH in July 2015. Together, the Mahle-Behr and Delphi Thermal merger represented the second largest supplier of automotive thermal management systems including interior HVAC components, under-hood powertrain cooling and compressors. The company announced improvements to self driving technology under development in December 2015. In the same month Delphi bought HellermannTyton for 1.7 Billion.

Delphi entered into a partnership agreement with Carbon in June 2016 to allow use of Carbon's Continuous Liquid Interface Production technology and printers. The company then bought the self-driving startup NuTonomy for $450 Million in October 2017. The company spun off its powertrain division and aftermarket related businesses (now Delphi Technologies) in December 2017 and changed its name to Aptiv PLC.


Article Index

DateArticleAuthor/Source
22 January 1998General Motors Corporation, Delphi Division, Albany, New York; Notice of Termination of InvestigationGrant D. Beale
8 October 2005Largest US Auto Supplier Files for Bankruptcy ProtectionVOA News
11 October 2005Delphi Bankruptcy May Signal Deeper Problems for US Auto IndustryBarry Wood
5 January 2006Delphi Financial Woes Spell Uncertainty for Employees Crystal Park
31 March 2006Auto parts maker Delphi plans to cut 8,500 jobs; union contractsWikinews
29 May 2007GM, Delphi Nearing Pact With UAWAnthony Fontanelle
18 June 2007Delphi, GM And UAW Nearing Wages PactAnthony Fontanelle
20 June 2007Delphi, UAW Close To Reaching AgreementAnthony Fontanelle
27 June 2007Delphi, UAW Agree On Wage CutsAnthony Fontanelle
27 June 2007UAW To Push Delphi Wage DealAnthony Fontanelle
28 June 2007Workers Say UAW Got Best DealAnthony Fontanelle
24 July 2007Delphi Labor Pact Gets OKAnthony Fontanelle
4 December 2009Members of Congress, Delphi Retirees Question Government Hand in Pension CutsCongressman John Boehner
13 July 2010As House Field Hearing Collects More Testimony From Delphi Retirees Left In The Cold By The Obama Administration, Boehner Calls For Transparency, AccountabilityCongressman John Boehner
9 August 2010BOEHNER AND WICKER REQUEST GAO REPORT TO INVESTIGATE DELPHI PENSION TREATMENTCongressman John Boehner
9 September 2010Boehner Meets with Delphi Salaried Retirees, Pledges to Continue Efforts to Force Obama Administration to Come Clean on its Role in Unequal TreatmentCongressman John Boehner
22 September 2010What Theyre Saying About the Obama Administrations Role in the Treatment of Delphis Salaried RetireesCongressman John Boehner
5 October 2010GAO Agrees to Investigate Delphi Pension Treatment at Request of Wicker and BoehnerSenator Roger Wicker
Congressman John Boehner
31 January 2011Boehner and Wicker Seek Answers for Delphi RetireesCongressman John Boehner
17 March 2011Delphi Steering, Including On-Site Leased Workers From Acro Service Corporation, Aerotek, Inc., Continental, Inc., Dynamic Corp., G-Tech Professional Staffing, Inc., Globaledge Technologies, Inc. (Formerly CAE Tech), Gonzalez Contract Services, Integrated Partners Group LLC, Kelly Services, Manpower, Inc., Rapid Global Business Solutions, Inc., TAC Worldwide, Trialon Corp., Trison Business Solutions, Wright K. Technologies, Interim Health Care and Advantage Technical Resourcing, Saginaw, MI; Amended Certification Regarding Eligibility To Apply for Worker Adjustment AssistanceFederal Register: DoL (Michael W. Jaffe)
23 March 2011Delphi Corporation Electronics And Safety Division Including On-Site Leased Workers From Acro Service Corporation, Manpower, Manpower Professional Continental, Inc., Alliance Group Technology and Sypris Test and Measurement Currently Known as Tektronix Service Solutions, Kokomo, IN; Amended Certification Regarding Eligibility To Apply for Worker Adjustment Assistance and Alternative Trade Adjustment AssistanceFederal Register: DoL (Michael W. Jaffe)
31 March 2011Wicker And Boehner Continue To Seek Answers For Delphi RetireesCongressman John Boehner
5 October 2011Amended Certification Regarding Eligibility To Apply for Worker Adjustment Assistance and Alternative Trade Adjustment Assistance; Delphi Corporation, Powertrain Division, Including On-Site Leased Workers From Bartech Workforce Management, Auburn Hills, MI; Delphi Corporation, Powertrain Division, Including On-Site Leased Workers From Bartech Workforce Management, Henrietta, NYFederal Register: DoL (Michael W. Jaffe)
5 September 2012Proposed RCRA Prospective Purchaser Agreement, Order on Consent and Covenant Not To Sue for a Portion of the Delphi Flint West Site, a/k/a Chevy in the Hole in Flint, Genesee County, MIMargaret M. Guerriero
24 October 2012Obama Admin Must Answer for Delphi Pension ScandalCongressman John Boehner
25 October 2012Congressman Boehner: White House Must Explain Its Role in Delphi Pension ScandalCongressman John Boehner
1 November 2012Boehner Column: President Obama Owes Ohioans Answers on the Delphi Pensions ScandalCongressman John Boehner
10 June 2013First News Out of Ohio Delphi Retirees Hearing: Congressmen Pledge Unwavering SupportCongressman John Boehner
14 June 2013Boehner Column: Why is the White House Still Stonewalling Delphi RetireesCongressman John Boehner
8 August 2013Delphi Automotive Systems, LLC, Products and Service Solutions Division, Including On-Site Leased Workers From Bartech Workforce Management, Kokomo, Indiana; Amended Certification Regarding Eligibility To Apply for Worker Adjustment AssistanceFederal Register: DoL (Michael W. Jaffe)
8 August 2013Delphi Corporation, Electronics and Safety Division, Including On-Site Leased Workers From Securitas, Bartech, Flint Janitorial Services, and General Motors, Flint, Michigan; Amended Certification Regarding Eligibility To Apply for Worker Adjustment AssistanceFederal Register: DoL (Michael W. Jaffe)
12 September 2013Government Report: GM Pressured to Favor Presidents Union Allies in Auto BailoutCongressman John Boehner
26 June 2014Boehner Applauds Congressman Turner’s Leadership in Latest Push for Delphi AnswersCongressman John Boehner
22 July 2014Boehner Statement on Five-Year Anniversary of Delphi Salaried Retirees’ Pensions and Benefits TerminationCongressman John Boehner
26 September 2014ICYMI: The Push for Delphi Answers ContinuesCongressman John Boehner
18 March 2015Firms Press Ahead With Driverless-Car TechnologyVOA News
16 July 2015Ohio Delegation Continues Fight for Final Benefits for Delphi Salaried RetireesCongressman John Boehner
13 January 2017Honoring the Service of Andy SigmonCongressional Record: Rep. Michael R. Turner


Documents

>DateReport NameAuthors/OrganizationFile
2 December 2009Examining the Delphi Bankruptcy's Impact on Workers and Retirees
Hearing before the Subcommittee on Health, Labor and Pensions, Committee on Education and Labor - United States House of Representatives

PDF
- 722KB - 58 pages
3 July 2012High Performance Three-Fluid Vehicle Heater
United States Patent US 8,210,246 B2
Mohinder Singh Bhatti, Mark James Zima, and Prasad Shripad Kadle for Delphi Technologies, Inc.

PDF
- 810KB - 8 pages
4 September 2012Audio System Configured to Fade Audio Outputs and Method Thereof
United States Patent US 8,259,962
Michael Thomas Augustyn and Kavya H. Narayan for Delphi Technologies, Inc.

PDF
- 1.0MB - 14 pages
4 September 2012Vehicle Entertainment System Having Ground Noise Reduction and Method of Operating Same
United States Patent US 8,259,952
Michael Thomas Augustyn, Dennis L. Kinkead, and B. Neal Rhodes for Delphi Technologies, Inc.

PDF
- 788KB - 9 pages
16 July 2015To: Alice Maroni, Pension Benefit Guaranty Corporation
From: Congressman John Boehner, et al.

PDF
- 615KB - 2 pages


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