Delphi Books More Than $3.6 Billion in E/ED Systems Wins in Europe During 2003

WUPPERTAL, Germany ¨C¨C Delphi Corporation has further strengthened its growing position in the European electrical/electronic distribution (E/ED) market during 2003 by booking greater than $3.6 billion in new business with a variety of automotive and transportation companies in the region. The new contracts, earned through October of this year, cover a wide range of major European automakers and commercial vehicle manufacturers, and represent various levels of electrical/electronic integration and optimization. Also included are several business wins with Tier I suppliers. Though some packages begin in 2004, the majority of the 2003 booked business will ramp up in 2006 and beyond, running through as late as 2012. The 2003 European win total for E/ED systems support to date marks a nearly sevenfold increase over 2002 booked business on the continent. "This was a record year for new business won in Europe, and our ability to earn more than $3.6 billion in new business reflects our customers' growing confidence in our capability to deliver value and differentiating technology across a full range of products and customized solutions," said Stefaan Vandevelde, director of European operations for Delphi Packard Electric Systems. "We are well positioned to support our customers in the region with the high level of consistent performance that has earned their trust." For Delphi Packard Electric Systems, this means, in part, leveraging the expertise afforded by its customer-dedicated in-region engineering and design resources, an already strong advantage recently enhanced by Delphi's newly opened revamped Customer Technology Centre in Wuppertal. Working side-by-side with the customer, Delphi engineers maximize vehicle design activity by successfully managing the highly diverse and ever-increasing complexity of today's electrical architecture. Delphi Packard Electric Systems also has a vast manufacturing footprint in Europe, which allows the company to meet the just-in-time needs and tight schedules of vehicle assembly plants through attractive localized manufacturing and sequencing options. Value is further enhanced through aggressive implementation of lean strategies throughout Europe, led by the principles contained within the Delphi Manufacturing System. Delphi Packard Electric is an expert in the design, development, optimization and integration of system solutions utilizing a full range of products and technologies, with engineering, lean manufacturing and sales support in all regions of the world. Delphi Packard Electric provides a full array of component and systems testing and offers technical support and on-site engineering in all regions of the world. Along with E/ED systems, the division also manufactures a complete family of electrical center technologies, connection systems, switches, sensors and mechatronic devices. Delphi provides a broad range of products and technologies to all European automotive manufacturers. With 32 technical centers globally and 10 located throughout Europe, Middle East and Africa, Delphi helps customers with solutions and engineering advancements.