Delphi Corporation
Industry: Auto & Truck Parts

Delphi Corporation, formerly known as Delphi Automotive Systems Corporation, is a supplier of vehicle electronics, transportation components, integrated systems and modules to the automotive industry. The Company has extensive technical expertise in a broad range of product lines and strong systems integration skills, which enable it to provide comprehensive, systems-based solutions to vehicle manufacturers (VMs). Delphi has established an expansive global presence, with a network of manufacturing sites, technical centers, sales offices and joint ventures located in every major region of the world. Delphi sells its products to the major VMs around the world. The Company operates its business along three major product sectors: Electronics & Mobile Communication, Safety, Thermal & Electrical Architecture and Dynamics & Propulsion.

Business Summary
Delphi Corporation (Delphi) is a global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology to vehicle manufacturers. It provides comprehensive, systems-based solutions to vehicle manufacturers (VMs). During the year ended December 31, 2004, the Company operated its business along three segments: Dynamics, Propulsion, Thermal & Interior Sector; the Electrical, Electronics & Safety Sector; and the Automotive Holdings Group (AHG). The Dynamics, Propulsion, Thermal & Interior Sector includes selected businesses from Delphi's energy and engine management systems, chassis, steering and thermal systems product lines. The Electrical, Electronics & Safety Sector includes selected businesses from the Company's automotive electronics, audio, consumer and aftermarket products, communication systems, safety and power, and signal distribution systems product lines. The AHG is comprised of select product lines and plant sites.

Financial Summary
Delphi Corporation is a supplier of automotive components, integrated systems and modules to the automotive industry, selling its products to every major manufacturer of light vehicles in the world. For the 6 months ended 6/30/05, net sales fell 7% to $13.9B. Net loss totalled $741M vs. income of $206M. Results reflect lower production volumes, particularly with GM North America.