Delphi
Delphi to offer clever DIY smartphone interface for older cars
Those of us with an older car might be feeling a bit jealous of all the new cars with their fancy smart phone apps. But if you have a 1996 or newer vehicle, you may soon be able to bring your car closer to those new-fangled models.
UAW calls for investigation into Romney ethics violations over possible profits from auto bailouts
The United Autos Workers, which has endorsed President Barack Obama, announced Thursday that its members want the US Office of Government Ethics to investigate Gov. Mitt Romney for violations.
Bill proposes U.S. sell GM stock to fund Delphi retiree pensions
A new proposal to sell $1 billion of government-held General Motors stock to help restore Delphi white collar retirees pensions was balked at by one group attempting to build up the underfunded pension.
Sbarro surprises Geneva with Intencity Concept
Among all the automakers unveiling their new wares in Geneva every year are a handful of independent designers and schools that aim to change the way we think about the automobile. They range from mainstream design houses like Pininfarina and Bertone to the zany obscurity of the IED Torino and &n
Delphi will debut F1FOR3 concept in Geneva
Delphi is headed to this year's Geneva Motor Show with a concept of its own. Details on the F1FOR3 Concept are slim at the moment, though the company says the vehicle will be a platform for demonstrating "high speed connectivity and user experience features." While that sounds about as thrilling as belly button lint, we're bolstered by the fact that the concept was created with input fr
Delphi planning $550M IPO
It took Delphi four years to exit bankruptcy, but after a major restructuring and staggering losses, the parts maker is once again ready to sell shares to the public. The Detroit News reports that Delphi will offer a $550-million stock offering later this month. The move comes after Delphi announced in May of 2011 that it would seek an Initial Public Offering,
Judge tosses out suit by Delphi pensioners against Treasury
The Detroit News is reporting that a federal judge has thrown out a portion of the lawsuit brought against the federal government by Delphi retirees. The former employees of the automotive supplier brought suit against the federal government after their pensions were terminated in bankruptcy proceedings. U.S. District Judge Arthur Tarnow dismissed claims against the U.S. Treasury Department, Zach Bowman
Delphi files for $100 million IPO
2009 was a rough year for most companies in the automotive industry. Delphi, a major automotive parts supplier, saw things a little differently. After entering bankruptcy in 2005, Delphi was able to climb out of its Chapter 11 hole in 2009. Now, two years later, Delphi is heading to Wall Street, and it looks like the parts supplier is about to make it rai
Delphi CEO: Cost, limited range, reliability of grid may hinder plug-in vehicles
Any attempt to establish a plug-in vehicle segment in the U.S. could fail unless the government steps up to the plate, says Rodney O'Neal, chief executive officer of Delphi Automotive. O'Neal claims that vehicle cost, limited range and the lack of a reliable electrical grid could hinder the adoption of plug-in automobiles.
EPA adds Delphi's diesel-fed auxiliary fuel cell to Emerging Technology list
On January 27th, the Environmental Protection Agency (EPA) added Delphi's Solid Oxide Fuel Cell (SOFC) Auxiliary Power Unit (APU) to its Emerging Technologies list, acknowledging that Delphi's SOFC is a potentially effective and efficient way to reduce diesel emissions from heavy-duty (Class 8) semi trucks.
Follow-up: Ex-Delphi CEO cleared of fraud, convicted of lesser charges
A federal jury has cleared Former Delphi CEO J.T. Battenberg of the most serious allegations levied against him by the Securities and Exchange Commission. The SEC had charged both Battenberg and former Delphi accountant Paul Free with a variety of offenses, the most severe of which were fraud charges associated with misrepresenting a $237 million payment to Zach Bowman
Report: SEC says ex-Delphi CEO Batterberg misled investors
According to the Detroit Free Press, the Securities and Exchange Commission has accused former Delphi CEO J.T. Battenberg III of intentionally working to hide his company's financial situation from investors. On Tuesday, an SEC lawyer told the jury in Battenberg's trial that the ex-Delphi boss made the company's financial numbers look better than they were in o
GM agrees to terms to sell Nexteer steering operations to China's PCM
General Motors reports that it has come to an agreement to sell its Nexteer steering operations. Nexteer, which had $6.2 billion in revenue as recently as 2008, was acquired by GM as part of a deal to help Delphi exit bankruptcy. The buyer? Pacific Century Motors, which is part of The Tempo Group with ties to the government in Beijing.
REPORT: Delphi exits Chapter 11 bankruptcy
For the first time in a very long while, you might say that Delphi is ahead of the curve. At a time when a number of automotive suppliers are finding life tough enough to file for Chapter 11 bankruptcy, Delphi is finally emerging from its own four-year-old filing.
Delphi develops MagneRide engine mounts for Porsche 911 GT3
Delphi MagneRide Engine Mounts - Click above for high-res image gallery
Delphi to supply mild hybrid hardware to SAIC in China
Tier 1 auto parts supplier Delphi, which emerged as an offshoot of General Motors over a decade ago, has announced that it will supply hybrid powertrain components to Chinese automaker Shanghai Auto, better known as SAIC. This shouldn't come as too much of a surprise, considering that SAIC is GM's official partner for the Chinese market and Delphi is already the supplier that The General uses for its mild hybrid powertrain.
Chinese buy Delphi brake and suspension business
Delphi has reached an agreement to sell off its brake and suspension business. A consortium consisting of Tempo Group, Capital Iron & Steel Co. and the Beijing government will own Beijing West Industries Co. Ltd, a new company that will buy the remaining chassis and brake operations of Delphi. Almost all of Delphi's brake business has been with GM, but many of those contracts have been re-sourced over the last several years while the company has been under chapter 11 bankruptcy. Recently, th
Delphi seeking court's permission to end retiree health care
If you thought things were looking bleak at General Motors, perhaps you should take a peek at Delphi, the parts supplier that spun off from The General in 1997. It declared bankruptcy in 2005 after the revelation that its poor financial position was being masked by irregular accounting practices. Delphi has yet to emerge from bankruptcy and now says that its value has fallen to the point where it may be unable to pay back the debts it has amassed since filing for Chapter 11.