Delphi Technologies Displayed on New Models at Paris Motor Show

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Technologies Address Global Concerns of Customer Safety, Environmental Responsibility and Personal Connectivity

Delphi

Plan of Reorganization and Transformation Plan

As one of the world's leading suppliers of advanced automotive systems, Delphi Corp. (PINKSHEETS: DPHIQ) is well-positioned to help vehicle manufacturers turn their visions into realities. Those visions include vehicles that lead their classes in safety, are environmentally responsible, and are linked into personal and business networks.

From the latest electronics and safety systems to intelligent electrical/electronic architecture and from environmentally friendly powertrain technologies to advanced thermal systems, Delphi's portfolio of high-technology solutions covers almost every area of advanced vehicle engineering.

"Delphi is committed to providing innovative technologies to consumers and offering our customers a competitive advantage," said Ron Pirtle, President Delphi Europe, Middle-East and Africa. "We anticipate significant growth in three major marketing trends -- which we've labeled Safe, Green and Connected -- in every corner of the world. Generally speaking, all of the automobile markets are showing increasing interest in improved vehicle safety, environmentally friendly products, and technologies that keep drivers and occupants connected to their lives."

Innovative technologies included on new models shown at the Paris Motor Show include:

  •     A new highly-durable automotive cable with significantly lighter and thinner insulation than traditional cable, Delphi's halogen-free ultra-thin- wall cable, will make its debut in Europe beginning in 2009. Halogen-Free Cable, a recyclable and environmentally friendly product, is free of dangerous halogens and offers excellent pinch resistance, nearly double that of traditional cable, and outstanding abrasion resistance. The use of this advanced cable also leads to cable size and weight reduction which, in turn, results in lower fuel consumption and reduced CO2 emissions produced by the vehicle.
  •     The Multec Common Rail (CR) Diesel Fuel Injection System from Delphi is widely used throughout the industry. It is a high-value, cost- competitive servo-hydraulic system that is not only high performance but simple and robust. In addition, Delphi's Multec CR injection is easily packaged, and utilizes less space than competing systems. Many of the world's top automakers have chosen this Delphi system and it is featured on the new Dacia Logan, Dacia Sandero, Renault Kangoo, and Renault Megane III.
  •     Delphi's patented Fuba ScanDiv(TM) IC - featured on the new Porsche 911, defines the next level of antenna diversity technology. Incorporating more than 20 years of experience developing high-performing multi-antenna systems, Delphi's ScanDiv IC provides maximum system flexibility and value. Its designed-in flexibility enables optimal RDS (Radio Data System) and TMC (Traffic Message Channel) functionality.
  •     The Delphi Fuba(TM) TV Reception System - featured on the new BMW Series 7 and Porsche 911, uses multiple in-glass or composite body structure antennas, integrated amplifiers and ScanDiv(TM) scanning diversity technology to provide worldwide color TV reception in vehicles. Patented ScanDiv technology automatically selects the best audio and video signal from the four antennas to provide passengers in-home TV quality.
  •     Delphi provides climate control systems that result in enhanced vehicle performance, durability, comfort, and efficiency, while delivering the most cost-effective solution. Delphi -- which has supplied the climate control systems for all Ferrari models dating back to 1993 -- is supplying the new Ferrari California with the complete air conditioning system. New models shown in Paris featuring Delphi's heating, ventilation and air conditioning (HVAC) system also include the Opel Insignia and Renault Laguna Coupe.
  •     With its increased fuel-efficiency and precise, predictable steering with less driver effort, the electric power steering (EPS) is one of the most appreciated consumer features. Drivers benefit from Delphi's EPS system through its improved on-center feel and active return-to-center, which requires less driver effort. The active damping is designed to make steering feel more precise and predictable. Other benefits include reduced workload and less over-steer, along with increased vehicle stability and safety. Delphi's EPS is featured on the new Alfa Romeo Mito, Fiat 500 Abarth and Ford Ka.

New vehicles featuring Delphi technology include:

Alfa Romeo Mito        
Electric power steering (EPS), steering column switch, body computer module, 1.4 turbo engine injection harness, immobilizer, RF remote control key
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Audi A6 restyled        
Satellite digital audio reception system (SDARS) tuner
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Audi Q5 restyled        
Ultrasonic with inclination sensor, satellite digital audio reception system (SDARS), alarm system
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BMW 3-Series restyled
Seat switches, window lifter switch, steering wheel switches and paddles, reception system backlite antennas (AM-FM-DIV-TV-DAB)
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BMW 7-Series restyled    
Reception systems, TV hybrid receiver, switches, roof module
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Citroen C3 Picasso
Column integrated module (COM2005 EV2), radio switch,cruise control, seat heating switch
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Dacia Logan restyled
Diesel common rail systems (diesel engine K9K HP/BP), fuse box, various connectors
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Dacia Sandero restyled    
Diesel common rail system, fuse box
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Ferrari California        
Electrical/electronic system components including wiring harnesses featuring halogen-free ultra thin-wall cable, complete air conditioning system (including dual-zone heating, ventilation and air conditioning (HVAC), condenser with integrated receiver drier, last generation of compact variable compressor with specific features to meet the high engine speed and acceleration, control head and software and additional system components), MagneRide controlled suspension technology.
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Fiat 500 Abarth        
Electric power steering, E/E distribution system, body computer module (BCM, Housing, headers and Fuseblock), RF Key PCB (remote control), USB Port, 38-pole connector to control the Antilock- brake-system, immobilizer coil
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Ford Fiesta            
Ultrasonic alarm system, sounder, door connectors
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Ford Ka                
Electric power steering, wiring harness, connectors, radio, body computer module
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Ford Kuga                
Cruise control switch
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Lancia Delta            
USB Consumer Port
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Mercedes GLK            
Electrical/electronic distribution systems, reception systems, security sensor, passenger occupant detection system (PODS), DAB receiver, Satellite audio digital reception system for US models (SDARS)
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Opel Insignia            
Hydraulic steering gears, Magna Steer(TM), hoses & reservoirs, heating, ventilation and air conditioning (HVAC), fixed compressor, all electrical/electronic distribution systems (except ECM harness), content theft (ultrasonic inclination sensor and sounder)
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Peugeot 308 CC            
Body control module, electronic key fob, transponder antenna, alarm system, capacitive door handle, neck heating, convertible roof control unit
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Porsche 911 restyled    
ScanDiv(TM) antenna system, TV hybrid receiver
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Renault Kangoo Compact    
Stalk switches, diesel common rail
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Renault Laguna Coupe    
Headlamp leveling module and dimmer, trunk switch, connectors 6-way header, heating, ventilation and air conditioning (HVAC)
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Renault Megane III    
Diesel common rail systems, cam phaser on K4M+ (1,6l 16V), trunk switch, headlamp leveling module, dimmer, hazard/door lock, connectors 6-way header
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Seat Ibiza                
Head airbag, radiator, compressor (for selected engines), transponder, ultrasonic (as an option)
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Skoda Superb restyled    
Ultrasonic with Inclination Sensor
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Volkswagen Golf VI        
Radio generation III on certain models, satellite digital audio reception system (SDARS), immobilizer system, passenger occupant detection system (PODS) on US models, charge air cooler (depending on engine type, featured in common rail diesel engines), compressor (depending on engine type, featured in common rail diesel engines)
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Volkswagen Scirocco    
Ultrasonic alarm, audio amplifier and receiver, radio generation III (on certain models), immobilizer system, alarm system, radio, ultrasonic with inclination sensor
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Volvo XC60                
Multiple Integrated Antenna System (consisting of a scanning AM/FM diversity that alternates with DAB and roof mounted shark fin antenna GSM/GPS/SDARS).
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For more information on Delphi, visit http://www.delphi.com/4innovation, http://www.delphi.com/4connected, http://www.delphi.com/4green, or http://www.delphi.com/4safe.

FORWARD LOOKING STATEMENTS
This press release as well as other statements made by Delphi may contain forward-looking statements that reflect, when made, the Company's current views with respect to current events and financial performance. Such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the Company's operations and business environment which may cause the actual results of the Company to be materially different from any future results, express or implied, by such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue," the negative of these terms and other comparable terminology. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the following: the ability of the Company to continue as a going concern; the ability of the Company to operate pursuant to the terms of the debtor-in-possession financing facility and its advance agreement with GM, to obtain an extension of term or other amendments as necessary to maintain access to such facility and advance agreement; the Company's ability to obtain Court approval with respect to motions in the chapter 11 cases prosecuted by it from time to time; the ability of the Company to achieve all of the conditions to the effectiveness and/or final consummation of the Amended and Restated Global Settlement Agreement and Amended and Restated Master Restructuring Agreement with General Motors; the ability of the Company to consummate its amended plan of reorganization which was confirmed by the Court on January 25, 2008, any subsequent modifications to the confirmed plan or any other subsequently confirmed plan of reorganization; risks associated with third parties seeking and obtaining Court approval to terminate or shorten the exclusivity period for the Company to propose and confirm one or more plans of reorganization, for the appointment of a chapter 11 trustee or to convert the cases to chapter 7 cases; the ability of the Company to obtain and maintain normal terms with vendors and service providers; the Company's ability to maintain contracts that are critical to its operations; the potential adverse impact of the chapter 11 cases on the Company's liquidity or results of operations; the ability of the Company to fund and execute its business plan (including the transformation plan described in Item 1. Business "Plan of Reorganization and Transformation Plan" of the Annual Report on Form 10-K for the year ended December 31, 2007 filed with the SEC) and to do so in a timely manner; the ability of the Company to attract, motivate and/or retain key executives and associates; the ability of the Company to avoid or continue to operate during a strike, or partial work stoppage or slow down by any of its unionized employees or those of its principal customers and the ability of the Company to attract and retain customers. Additional factors that could affect future results are identified in the Annual Report on Form 10-K for the year ended December 31, 2007 filed with the SEC, including the risk factors in Part I. Item 1A. Risk Factors, contained therein, and the Company's quarterly periodic reports for the subsequent periods, including the risk factors in Part II. Item 1A. Risk Factors, contained therein, filed with the SEC. Delphi disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise. Similarly, these and other factors, including the terms of any reorganization plan ultimately confirmed, can affect the value of the Company's various prepetition liabilities, common stock and/or other equity securities.

CONTACT:
Marie-Pierre Ygrié (Europe)
Tel : +33 (0)1 49 90 47 52
marie.pierre.ygrie@delphi.com
SOURCE: Delphi Corporation

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Marie-Pierre Ygrié
Delphi
+33 (0)1 49 90 47 52
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