DPSS to Spotlight New Technologies, Expanded OE Coverage, and New Service Program at AAPEX 2006
Line-up led by new oxygen sensor program, OE product additions to reman ECMs, and the extension of TechSource to include tools and equipment.

Release Date: October 30, 2006

TROY, Mich. – Delphi Product & Service Solutions will showcase its new oxygen sensor line, and the expansion of its remanufactured engine control module (ECMs), compressor and condenser programs to broaden original equipment (OE) coverage at 2006 Automotive Aftermarket Parts Expo (AAPEX) show, Oct. 31-Nov. 2, Las Vegas, Nev.

The company will also unveil the extension of its TechSource program to include a comprehensive suite of OE-based support services, tools and equipment.  In addition, it will debut two new service tools and a complete line of service.

Delphi will host a media briefing in its booth #1638 at the Sand’s Expo Center, Oct. 31, 9:30-10:00 a.m.  Delphi executives – led by the division’s president Francisco A. (Frank) Ordoñez – will be on hand to discuss the company’s plans.

“As a company that can supply most major OE vehicle system, Delphi is well positioned to bring the OE products, services and tools the automotive aftermarket needs to compete in today’s aftermarket,” says Ordoñez. 

“Consistent with the company’s growth in non-GM business, at this year’s show we are announcing a host of products for non-GM applications.”

Delphi will also use AAPEX 2006 as an opportunity to celebrate its five-year anniversary in the North American aftermarket.

“We wanted to recognize this milestone, saying ‘thank you’ to the industry, and especially our customers, for their support,” Ordoñez says.

In addition to its new product and program offerings, Delphi will display its complete line of OE quality replacement parts for engine management, fuel management and heating and cooling systems.  Unlike many other brands currently on the market, Delphi’s vehicle electronic products are designed for a precise fit, every time.  It will also offer demonstrations of its state-of-the-art diagnostic tools and systems such as DS800.

Delphi’s newest consumer electronics products can also be found at the Specialty Equipment Market Association (SEMA) 2006 show.

The SKYFi3, the latest XM Satellite radio receiver, was released to the public Oct. 17, and will be displayed at the XM Satellite Radio booth, #10568.  The SKYFi3 is 65 percent smaller than its successors, yet maintains nearly every benefit of the previous generation product.  SKYFi3 offers an optimum balance of compact size, screen readability and portability outside the vehicle.

Delphi’s first portable navigation device, the NAV200, will be on display at the NAVIGON (#10211) and NAVTEQ (#10209) booths at SEMA.  The NAV200 offers the budget conscious customer a unique blend of advanced navigation and entertainment features in a sleek, portable package.  Ready to go right out of the box, the NAV200 installs in just two simple steps and comes with U.S. and Canada maps already pre-loaded on a SD card.  The NAV200 powerful processor quickly calculates routes using one of the most trusted mapping databases in the industry.

Finally, again this year, Delphi NASCAR Driver Kyle Busch will be in the Delphi booth signing autographs on Wed., Nov. 1, from 1:00 to 2:30 p.m.

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


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. 

For more information contact:

Delphi
Carrie Wright
carrie.wright@delphi.com
+1 248.267.8687

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