Delphi Debuts Four New CV Technologies at 2006 TMC

February 8, 2006, TROY, Mich. -- Delphi Corp. will display four new innovative commercial vehicle products at next week’s Technology and Maintenance Council’s (TMC) 2006 Annual Meeting and Transportation Technology Exhibition in Tampa, Fla. Feb. 14-17.

The new technologies, to be shown at Delphi’s TMC exhibit (booth #614) at the Tampa Convention Center, include:

* Delphi’s new premium CD/MP3 radio, developed specifically for commercial vehicle customers. The radio, which includes an integrated satellite receiver, features robust, digital-quality audio in a compact package at a very competitive price.
* Delphi’s advanced roof module, which reflects the growing transition to fully-integrated packages and single-point supply. Market trends show an increased interest in moving from several stand-alone modules for in-vehicle functions to a single module -- one capable of integrating diverse and multiple functions. These modules can include, but are not limited to, microphones, internal/external warning cameras, temperature and rain sensors, and GPS antenna. Other functions can also be integrated, such as interior lighting, sun roof actuation and garage door controls, among others.
* The Delphi diesel reformer is a break-through technology that will provide light, medium, and heavy duty vehicle manufacturers with a compelling alternative to today’s exhaust aftertreatment options to meet future emission standards. Delphi’s on-board Diesel Fuel Reformer uses air to convert diesel fuel into a hydrogen-rich stream of gas called “Reformate” through a catalytic partial-oxidation process. With this advanced design, Delphi’s reformer will help reduce cost and performance trade-offs while being robust enough to meet future emissions standards.
* Delphi’s Halogen-Free Thin-Wall and Ultra Thin-Wall Cable, which will help truckmakers improve space utilization without sacrificing other vehicle features or encroaching on in-cabin flexibility allowing for greater design and packaging creativity.

“This year is the 50th anniversary of TMC,” said Steve Hartwig. “We are celebrating this milestone by displaying technologies that will help the CV industry as it embarks on its next 50 years.”

Also on display at the show:
Delphi’s Solid Oxide Fuel Cell (SOFC) auxiliary power unit is a high-efficiency, environmentally friendly device that will convert the chemical energy in conventional vehicle fuels -- such as diesel fuel and gasoline -- directly into useful electrical power by an electrochemical process.

For commercial vehicles, Delphi’s SOFC technology will be implemented as an auxiliary power unit (APU) to help reduce the need for engine idling.

Today, for example, truck operators use diesel engine APUs and other anti-idling technologies to reduce the need for operating their primary engines for climate control during rest periods.

The Delphi SOFC APU will provide an energy efficient, compact, quiet and low-emissions alternative to those technologies. An APU will also make it possible to power other electrical and electronic devices in the vehicle without operating the primary engine or plugging into “Shore Power” rest stop sites.

In planned variations, the Delphi SOFC APU will also be able to power current belt-driven vehicle features (e.g. engine cooling fan, water pump, etc.), thus also removing those loads from the primary engine.

Capable of carrying up to 200 amps, Delphi’s family of new high-power “Power Pack” connection systems features a silver-plated terminal design that allows the connection system to withstand temperatures of up to 155º C. It also provides ease-of-assembly benefits, with its hand engage/disengage capability and its indexed configuration, which is designed to prevent plugging misalignment upon installation.

Delphi diesel engine oil condition sensors are a reliable and cost effective method to help maximize useful oil and filter life, which can help minimize oil maintenance costs and vehicle downtime. The sensor can help protect the engine by helping alert the operator when oil quality falls outside specified parameters, which could be either due to the oil exceeding its useful life or a symptom of an engine problem. The resulting longer oil change intervals will enable reducing the environmental effects of used oil and oil filter disposal.

Delphi’s approach to CV safety includes forming a virtual 360-degree cocoon around the vehicle. During TMC, Delphi will demonstrate several of its current and future safety products, including Forewarn© Pre-crash Sensing, Forewarn Forward Collision Warning, Forewarn Smart Cruise Control with Headway Alert, Forewarn Lane Departure Warning, Forewarn Active Night Vision, Forewarn Radar Side Alert, Forewarn Turn Assist, Forewarn Back-up Aid, Forewarn Drowsy Driver Alert and Driver Distraction Alert and Resettable Seat Belt Retractor.

To set up an interview or to schedule an exhibit tour, contact Andrea Knapp at [1] 248.813.2985.

For more information about Delphi Corporation (OTC: DPHIQ), visit www.delphi.com.

FORWARD LOOKING STATEMENT
This press release, as well as other statements made by Delphi may contain forward-looking statements within the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, 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. 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 (“DIP”) facility; the Company’s ability to obtain court approval with respect to motions in the chapter 11 proceeding prosecuted by it from time to time; the ability of the Company to develop, prosecute, confirm and consummate one or more plans of reorganization with respect to the chapter 11 cases; 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; the ability of the Company to attract, motivate and/or retain key executives and associates; and the ability of the Company to attract and retain customers. Other risk factors are listed from time to time in the Company’s United States Securities and Exchange Commission reports, including, but not limited to the Annual Report on Form 10-K for the year ended December 31, 2004 and its most recent quarterly report on Form 10-Q for the quarter ended September 30, 2005 and current reports on Form 8-K. 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 pre-petition liabilities, common stock and/or other equity securities. Additionally, no assurance can be given as to what values, if any, will be ascribed in the bankruptcy proceedings to each of these constituencies. A plan of reorganization could result in holders of Delphi’s common stock receiving no distribution on account of their interest and cancellation of their interests. As described in the Company’s public statements in response to the request submitted to the United States Trustee for the appointment of a statutory equity committee, holders of Delphi’s common stock and other equity interests (such as options) should assume that they will not receive value as part of a plan of reorganization. In addition, under certain conditions specified in the Bankruptcy Code, a plan of reorganization may be confirmed notwithstanding its rejection by an impaired class of creditors or equity holders and notwithstanding the fact that equity holders do not receive or retain property on account of their equity interests under the plan. In light of the foregoing and as stated in its October 8, 2005 press release announcing the filing of its chapter 11 reorganization cases, the Company considers the value of the common stock to be highly speculative and cautions equity holders that the stock may ultimately be determined to have no value. Accordingly, the Company urges that appropriate caution be exercised with respect to existing and future investments in Delphi’s common stock or other equity interests or any claims relating to prepetition liabilities.

Contact Information

Andrea Knapp

Delphi Corporation

Contact via E-mail