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Delphi Furukawa Opens Customer Service Center in Ann Arbor


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New building will facilitate stronger local support to Toyota Technical Center

Jul 17, 2006, ANN ARBOR, Mich. -- Delphi Furukawa Wiring Systems LLC opened a new customer service center here recently.

Delphi Corporation and The Furukawa Electric Company, Ltd., through a joint venture created in December 2004, are seeking to better support Toyota’s R&D and manufacturing divisions with the new facility and local staff.

The Delphi Furukawa team is now physically located at the new 5,500 sq.-ft. customer service center, located at 2311 Green Road in Ann Arbor. The new center, located across the street from Toyota Technical Center (TTC), a division of Toyota Motor Engineering & Manufacturing North America (TEMA), will initially house 25 engineers, program managers and sales staff.

James A. Spencer, president of Delphi Packard Electric Systems, led a team of Delphi and Delphi Furukawa officials in hosting a grand opening event for TEMA officials on June 22.

“We are honored to be a supplier to Toyota,” Spencer said. “It’s important to us to grow our relationship with them, which we seek to do by continuously improving and finding new ways to deliver better value, service and technology.”

“An important part of excellence is being there by your customer’s side, every day,” Spencer said. “Our Ann Arbor center brings us closer to our customer, and enhances our ability to provide the immediate service that Toyota needs and deserves.”

ABOUT DELPHI FURUKAWA

Delphi is one of the world’s largest automotive components and systems suppliers. The Furukawa Electric Company, Ltd., is one of Japan’s major electrical/electronic distribution systems (E/EDS) suppliers and Delphi’s partner in Delphi Furukawa Wiring Systems LLC.

In December of 2004, a partnership was formed between Delphi Packard and Furukawa Electric to blend both companies’ engineering capabilities, product design and assembly expertise.

“This partnership is a unique collaboration where competencies of both companies come together to provide Toyota the best support for its future programs,” said Jim Borzi, president of Delphi Furukawa Wiring Systems.

The Delphi Furukawa joint venture company is responsible for sales and engineering activities for select Toyota electrical/electronic distribution systems.

“This partnership provides Toyota with a great synergy between two leading companies,” Spencer said. “For Delphi, it’s our widely recognized capability in advanced electrical/electronics architecture design, and our leadership in system integration and optimization along with a vast customer support and manufacturing network. For Furukawa, it’s a strong engineering relationship with Toyota, with valuable insight into Toyota’s CAD systems and experience in Toyota’s product and process design methodologies. This grand opening is the start here in North America to support the growth of the world’s fastest growing OEM.”

MORE DETAIL ON THE NEW CENTER

The facility allows for greater flexibility in creating a tailored product for Toyota, which is strengthened by close contact and coordination. The facility also has an Obeya room where a cross-functional team can come together to solve problems quickly as part of Toyota’s Kaizen approach to project management.

“We have a lean group of engineering, manufacturing and sales experts at this facility,” said Nick Cassudakis, Delphi Packard Electrical/Electronics Systems. “These individuals are engaged and move quickly and efficiently to meet Toyota’s electrical/electronic architecture needs in a cost-effective manner. Having this new customer center will allow us to grow with Toyota and strengthen our relationship for the future. Because electrical vehicle development is so critical to the vehicle, we recognize we need to be very close to the customer.”

DELPHI’S RELATIONSHIP WITH TOYOTA

Delphi has supported Toyota for more than 20 years. Delphi’s technology -- ranging from air conditioning systems, satellite radios, steering columns, sensors and more -- is currently featured on 14 Toyota vehicles, including the popular Corolla, Camry and Avalon.

For more information on Delphi, 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”) financing 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 execute its business plans, including the transformation plan described in the Company’s March 31, 2006 press release, and to do so in a timely fashion; 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; 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. 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 pre-petition liabilities.



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