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Delphi sued its investors for US$2.55 billion in securities to aid Delphi as it sought to come out of bankruptcy in May 2008. U.S. Bankruptcy Judge Robert Drain in New York allowed Delphi to seek payments through a contract against Appaloosa Management LP as well as denying an investors' request for a cap of $250 million for damages. [ 13 ]
HellermannTyton is a British registered company with affiliated companies in 37 countries manufacturing and supplying products for fastening, fixing, identifying and protecting cables and their connecting components.
Delphi Technologies was an independent automotive company from 2017 to 2020, when it was acquired by BorgWarner Inc. As of 5 July 2023, BorgWarner completed the spin-off of Delphi Technologies, Delco Remy, and Hartridge to a separate publicly traded company, PHINIA.
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Former Saginaw Steering Division of GM. Plant 3 opened in 1953, Plant 4 opened in 1956. The sprawling Five-Plant complex (Plants 3-7), division Headquarters and large engineering center, were spun off with Delphi in 1999. GM re-purchased the Steering division from bankrupt Delphi in 2009, and then sold the division to Pacific Century Motors in
Rank Company Revenue in 2021 € millions Country 1. Bosch: 45400 Germany: 2. Denso: 41703 Japan: 3. Continental AG: 38198 Germany 4. ZF Friedrichshafen: 34865
On May 28, 1999, Delphi became a separate publicly traded company, and continued to use the Delco Electronics name for several of its subsidiaries until 2004. Although Delco Electronics no longer exists as an operating company, GM still retains rights to the "Delco" name and uses it for some of its subsidiaries including the ACDelco parts division.
Elon Musk looks on, in the Oval Office of the White House in Washington, D.C., U.S. - Kevin Lamarque/Reuters