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Delphi (auto parts)

Delphi Automotive PLC
Public limited company
Traded as DLPH
S&P 500 Component
Industry Automotive
Founded 1994
Headquarters Gillingham, Kent, UK
Key people
Rajiv L. Gupta
(Chairman)
Kevin P. Clark
(President and CEO)
Products Vehicle electronics, systems, modules, & components
Revenue IncreaseUS$ 17.023 billion (2014)
Increase US$ 1.847 billion (2014)
Increase US$ 1.440 billion (2014)
Total assets Decrease US$ 10.746 billion (2014)
Total equity Decrease US$ 3.013 billion (2014)
Number of employees
161,000 (December 2013)
Website Delphi.com

Delphi Automotive PLC is an automotive parts manufacturing company headquartered in Gillingham, Kent, UK. It is one of the world's largest automotive parts manufacturers and has approximately 161,000 employees.

With offices worldwide, the company operates 126 wholly owned manufacturing sites, and 15 technical centers across 32 countries.

During the Chapter 11 cases, Delphi made substantial progress in identifying and implementing the sale (or receiving Bankruptcy Court approval to sell) or wind down of those facilities and business lines that do not support the company’s future strategic framework, including:

As of November 2015, Delphi has four diversified business segments:

On 4 March 2005, Delphi said it had fired its CFO and would restate earnings between 1999, when Delphi spun off from General Motors Corp (GM), and 2004 for improper reporting of rebates, credits, or other payments from suppliers. In June, 2006, Delphi said in a filing that it would restate its 2005 report, which would increase Delphi's reported 2004 net loss by $65 million. In 2013, Delphi became involved in an ongoing lawsuit against GM, because it manufactures ignition switches for the Chevrolet Cobalt, whose original design is alleged to be defective.

On 4 November 2009, Delphi named a new board with John A. Krol as the chairman. Kevin P. Clark has been the President and chief executive officer of the company since March 2015.

Researchers at the University of Massachusetts Amherst identified Delphi corp. as the 21st-largest corporate producer of air pollution in the United States in 2002. According to the study, the manufacturer's most toxic emissions included asbestos (542 lb/yr), chromium compounds (1,082 lb/yr), lead compounds (8,466 lb/yr), and sulfuric acid (17,600 lbs/year), while the most massive emissions were glycol ethers (111,520 lbs/year) and hydrochloric acid (80,000 lb/yr).


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