Delphi to Raise Satellite Radio Leadership at CES 2006

Major satellite radio announcement anticipated at media briefing on Jan. 4.

NASCAR driver Kyle Busch will attend Delphi CES media open house on Jan. 4.

December 20, 2005, TROY, Mich., Delphi Corp. anticipates making a major announcement about its satellite radio business during the 2006 International Consumer Electronics Show (CES) in Las Vegas, Jan. 4-8, 2006.

Delphi’s CES media briefing will be held on Wednesday, Jan. 4, from 1 to 1:45 p.m. PT at the Sands Convention Center, Veronese Room #2504.

Delphi is the world’s leading provider of satellite radio receivers, producing more than 8.5 million units for OEMs, retailers and consumers since the product’s introduction in 2001.

Delphi’s CES announcement will outline how the company plans to make the satellite radio experience available to even more people.

“We’re proud that more people listen to satellite radio on a Delphi receiver than any other manufacturer in the world,” said Joe Damato, director, Delphi consumer electronics. “Consumers who experience satellite radio come to love it. The technology has great potential, and we want to help bring it to as many people as possible. We are committed to help maximize this potential.”

Delphi provides factory-installed satellite radios to more than 10 OE customers, including General Motors, DaimlerChrysler, Audi, VW, Ford, Porsche, Mercedes, Pana-Pacific, and various commercial vehicle manufacturers.

In the retail market, Delphi has built a strong presence by continuously introducing breakthrough products, including the first consumer model in 2002 (the Delphi XM SKYFi), the first satellite radio boom box in 2002, and most recently, the first personal, portable handheld unit, the Delphi MyFi2Go.

Beyond Satellite Radio  Safety, Information and Connectivity
Beyond satellite radio, Delphi will highlight its product portfolio in the areas of information, connectivity and safety. “Our electronics and systems expertise allows us to bring a wide range of technologies to the market that make driving safer and more fun,” said Robert Schumacher, Delphi Electronics & Safety general director, advanced product development and business strategy. “We’re helping create a cocoon of safety’ for the vehicle. We’ve introduced easy-to-use touch-screen navigation systems. We’re advancing the use of Wi-Fi to allow consumers to access hot spots.’ When it comes to innovative electronics technologies in a variety of product areas, Delphi is bringing it all together.”

DELPHI TECHNOLOGY HIGHLIGHTS AT CES

* Mobile Video. Delphi will feature its OEM overhead entertainment systems.
* Navigation Systems - Delphi will demonstrate its current line of navigation systems that are more intuitive and easier to use. Products will include Delphi’s new Integration Navigation Radio that features both voice activation and touch screen, and the first OEM application of real-time traffic services in North America.
* High-Value Telematics  Delphi will make an announcement on newly conceived use for its high-value telematics. Delphi will also show its high-value telematics transceiver modems for Stellar Satellite Communications Ltd., for use on the ORBCOMM satellite network.
* Safety Systems - Delphi will be showing how it has developed a portfolio of products that will help provide a “safety cocoon” around the vehicle. Products include active night vision, Forewarn® Smart Cruise Control with Stop & Go, Lane Departure Warning, Side Alert, Dual-Beam Back-Up Aid, Integrated Back-Up Aid with camera, Front Detection, and Workload Management.
* Wi-Fi: The Next-Generation of 802.11 - Delphi will demonstrate Wi-Fi, the latest in 802.11 technology. The established wireless networking standard is designed to eliminate the need for connectors, allowing consumers to wirelessly transfer data between entertainment and information systems in the home or office and the vehicle.
* Satellite Radio  The new RoadyXT  the smallest, thinnest satellite radio on the market will be on display along with the Delphi MyFi, the industry’s first personal, portable XM2Go satellite radio, the Delphi SKYFi2  the only satellite radio with the 30 minute pause record feature and the Delphi XM Signal Repeater  the industry’s only product that rebroadcasts satellite radio in the home environment.
* Multimedia Radio  Delphi will introduce a new multimedia radio receiver that is packed with features including MP3, Secure Digital Card (compatible) voice notes and more.

DELPHI MEDIA CONFERENCE  WEDNESDAY, JAN. 4, AT 1 P.M. PT
Delphi’s CES media conference will be held at the Sands Convention Center, Veronese Room #2504, on Jan. 4 from 1 to 1:45 p.m. PT.

The news will be presented by Joe Damato, Delphi director, consumer electronics; Bob Schumacher, Delphi Electronics & Safety general director, advanced product development and business strategy; and Beth Schwarting, general director, Delphi Electronics & Safety global sales and marketing. Immediately following the media briefing, the featured speakers and the following executives will be available for media interviews:

* Jeff Owens, president, Delphi Electronics & Safety
* Francisco (Frank) A. Ordonez, president, Delphi Products & Service Solutions
* Ken Erickson, business line executive, Delphi Integrated Media Systems

DELPHI MEDIA OPEN HOUSE  WEDNESDAY, JAN. 4, AT 2:30 P.M. PT
Delphi will host a media open house on Wednesday, Jan. 4, from 2:30 to 5 p.m. PT at its exhibit at the Las Vegas Convention Center (booth 5206).

The reception’s highlight: NASCAR driver Kyle Busch, who will be on hand to sign autographs.

Along with Kellogg’s, Delphi was a major associate sponsor of the No. 5 Chevrolet driven by Busch during the past NASCAR season. Busch won NASCAR’s Rookie of the Year by winning two races (California and Phoenix) and adding nine other top-five finishes.

A host of Delphi subject matter experts also will be available for interviews and to demonstrate the new technologies.

For more information on Delphi’s CES activities or to arrange a media interview, contact Milton Beach, Laura Joseph or John Shea of Delphi Media Relations (contact info below).

For more information about Delphi and its subsidiaries, visit Delphi’s media room at www.delphi.com/media.

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 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 SEC reports, including, but not limited to the annual report on Form 10-K for the year ended December 31, 2005 and its most recent quarterly report on Form 10-Q 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 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. No assurance can be given as to what values, if any, will be ascribed in the bankruptcy proceedings to each of these constituencies. Accordingly, the Company urges that the appropriate caution be exercised with respect to existing and future investments in any of these liabilities and/or securities.

Contact Information

Milton Beach

Delphi - OEM (Vehicle Electronics)

Delphi Corp.

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