.

.November 19, 2003
.
This Week:

• GM to Export Thousands of Cadillacs, Other Vehicles to China

• Nissan Sets 2004 Titan Pricing - Full-Size Truck Starts at $22,400

• The BMW Ultimate Drive Reaches Its Millionth Mile

• Award for high-performance sports car

• DaimlerChrysler Signs Letters of Intent to Strengthen its Ability to Export Vehicles to China

• Supervisory Board of Volkswagen AG discusses new investment plans

• Ford Names Vice Presidents

• Toyota Motor Sales, U.S.A. Announces Management Changes

• Walter Wieland to Retire as Head of GM Operations in Brazil

• Delphi Secures $388 Million in New Halfshaft Business Strengthening Its Global Market Position

© 1998 - 2003 Copyright & 
Disclaimer
Automotive Intelligence,
www.autointell.com
All Rights Reserved .
For questions please contact
editor@autointell.com  

.
Delphi Secures $388 Million in New Halfshaft Business Strengthening Its Global Market Position
 

$1 billion in new business since start of 2002 SAGINAW, Mich. - Delphi Corp. has strengthened its position in the halfshaft market by securing several new business contracts and renewing five other contracts across North America and Asia Pacific. The new business secured will bring Delphi an additional $388 million over the life of the contracts. This adds to the strong $621 million booked in 2002.

The new and retained contracts include a variety of small, mid-luxury and light truck halfshaft applications, which utilize standard to premium constant velocity joint technology. Delphi has nearly forty years of experience integrating halfshafts into vehicle systems, resulting in a unique combination of technological expertise and global capability to manufacture halfshaft products. The ability to win these opportunities demonstrates Delphi's competitiveness, market commitment, customer focus and position as an industry leader in the design and manufacture of halfshafts.

"Delphi's halfshaft business continues to strengthen as a result of our focus on providing our customers the best total solution. Our established experience in vehicle systems integration, as well as our global footprint for manufacturing flexibility, position us for further market growth," said James Ray, business line executive for halfshafts and aftermarket.

(Nov 14, 2003)