Release date: November 4, 2008
LAS VEGAS, Nev. — Delphi is expanding its performance parts lineup with the introduction of performance wire sets for the aftermarket. As a leading manufacturer of original equipment and with decades of experience with some of racing’s most prestigious teams, Delphi is bringing that same quality and expertise to the performance market. The announcement was made today at a press conference held at the Automotive Aftermarket Products Expo (AAPEX) in Las Vegas.
Delphi’s performance wire sets lineup will cover Small Block V8, Big Block V8, LS Series V8 and V6 applications. Currently, Delphi wire sets can be found on 22 different race teams, including Casey Mears’, Dale Earnhardt Jr.’s, Jeff Gordon’s and Jimmie Johnson’s. Delphi’s performance wire sets will be available to the aftermarket in early 2009.
Delphi’s high-quality 8 mm wires offer maximum spark and energy transfer. The wire wound core construction also allows full power to reach spark plugs, while providing minimal RFI/EMI interference. At 500 ohms per foot, Delphi’s performance wire sets provide high spark energy without creating interference with other electronics in the vehicle, such as the radio.
Additionally, silicone-based insulation allows for improved dielectric strength, durability and temperature resistance, allowing the wire sets to deliver high performance in high-heat engine conditions. Delphi’s wire sets are available in red with black boots, and are branded “Delphi Packard Performance” to let customers know that they are using Delphi’s OE-quality cable.
“Delphi produced the first ignition cable in the United States in 1901 and continues to be one of the leading original equipment suppliers of these products today,” said Dave Barbeau, vice president, independent aftermarket, Delphi Product & Service Solutions. “Our heritage gives us vast knowledge of vehicle demands, because we've been focused on them for years at the OE level. Now we have optimized Delphi’s high-quality wire sets for the demanding needs of the performance market.”
Visit Delphi Product & Service Solutions at AAPEX in booth #4900 for more information on Delphi’s performance lineup and more.
For more information about Delphi and its subsidiaries, visit Delphi’s media room at www.delphi.com/media.
FORWARD-LOOKING STATEMENTS
This press release as well as other statements made by Delphi may contain forward-looking statements 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. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue," the negative of these terms and other comparable terminology. 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 financing facility and its advance agreement with GM, to obtain an extension of term or other amendments as necessary to maintain access to such facility and advance agreement; the Company's ability to obtain Court approval with respect to motions in the chapter 11 cases prosecuted by it from time to time; the ability of the Company to achieve all of the conditions to the effectiveness of those portions of the Amended and Restated Global Settlement Agreement and Amended and Restated Master Restructuring Agreement with General Motors which are contingent on Delphi's emergence from chapter 11; the ability of the Company to obtain court approval to modify its amended plan of reorganization which was confirmed by the Court on January 25, 2008 as set forth in its filing on October 3, 2008 and to confirm such modified plan or any subsequent modifications to the confirmed plan or any other subsequently confirmed plan of reorganization and to consummate such plan; 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 as described in the proposed modifications to its plan of reorganization as filed with the court and to do so in a timely manner; 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 or those of its principal customers and the ability of the Company to attract and retain customers. Additional factors that could affect future results are identified in the Annual Report on Form 10-K for the year ended December 31, 2007 filed with the SEC, including the risk factors in Part I. Item 1A. Risk Factors, contained therein, and the Company's quarterly periodic reports for the subsequent periods, including the risk factors in Part II. Item 1A. Risk Factors, contained therein, filed with the SEC. 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 prepetition liabilities, common stock and/or other equity securities.