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Non-Tech : Delphi Automotive Systems (DPH)

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To: JakeStraw who wrote (337)2/19/2003 8:57:38 AM
From: JakeStraw  Read Replies (1) of 397
 
Delphi Wins $160 Million Business With Major U.S. Automaker
Wednesday February 19, 8:00 am ET
biz.yahoo.com

TROY, Mich., Feb. 19 /PRNewswire/ -- Delphi Corp. (NYSE: DPH - News) will provide safety restraints systems to a major North American automaker on luxury models beginning in calendar year 2005.
(Photo: newscom.com )
Continuing to expand its customer base beyond its former parent company, General Motors, Delphi was awarded a contract worth an estimated $160 million to provide safety systems, including driver and passenger airbags, steering wheels and seat belts to a major customer in North America. "While focusing on our current customers' needs, we are also very pleased to supply our award- wining safety systems to new customers around the world," said James A. Bertrand, Delphi vice president and president of Delphi Safety & Interior Systems.

The safety system that will be provided for this North American auto manufacturer also includes Delphi's patented Seat Belt Tension Sensing Switch, which when used in combination with Delphi's market-leading Passenger Occupant Detection System, assists the vehicle manufacturer in meeting the new FMVSS 208 regulations. The seatbelts, for front and rear occupants, will be complemented with Delphi's load-limiting retractors with pretensioners for improved occupant protection in case of a collision.

Delphi's safety system approach offers customers an optimized integration of a wide range of safety system products that provide enhanced occupant protection, while consistently exceeding customers' expectations. Delphi's world-class airbags and safety system components exhibit a variety of patented features designed to afford maximized occupant protection while helping reduce the risk of airbag-induced injury.
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