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Non-Tech : Delphi Automotive Systems (DPH)

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To: JakeStraw who wrote (334)	1/15/2003 10:58:16 AM
From: JakeStraw	Read Replies (1) of 397

Delphi Wins Body-Electronics ECU Business With Volkswagen Wednesday January 15, 10:14 am ET biz.yahoo.com KOKOMO, Ind., Jan. 15 /PRNewswire/ -- Delphi Corp. (NYSE: DPH) has won a substantial order from the Volkswagen Group for body-electronics controllers (ECU). The specially-developed ECU will control body functions such as the windshield wipers, the horn, outside-mirror heating and the turn indicators. Delphi will begin production of the ECU in Hungary during January 2004. (Photo: newscom.com ) According to Wolfgang Engelmann, the Delphi Customer Director for Volkswagen, "This order, with a total revenue of $135 million, means that Delphi has now gained additional responsibility for another important area of supply at Europe's largest vehicle manufacturer." Delphi supplies ECUs and security sub-systems to the majority of European and US vehicle manufacturers. These products are characterized by their especially low weight, optimized design and simple installation. "Delphi is excited at being able to expand its business relationships with Volkswagen," said Engelmann. "We will do our utmost to foster this excellent cooperation with Europe's market leader."

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