Delphi Technologies Overview
Company Headquarters: UK
Founded: 1998
Workforce: ~21,000
Company Working:
Delphi Technologies is one of the global leaders in manufacturing and distributing automotive components in the aftermarket. It is an automotive technology company that primarily serves automotive OEMs and provides aftermarket services and solutions. The company’s products have applications in passenger cars, trucks, SUVs, commercial vans, buses, light-duty, medium-duty, and heavy-duty trucks, and off-highway vehicles. Its products are procured by OEMs, aftermarket, and independent retailers and wholesale distributors. Delphi Technologies operates through two business segments, namely, powertrain system and aftermarket. The powertrain system segment comprises valvetrain, variable valve timing, fuel delivery modules, ignition coils, canisters, sensors, valves, actuators, and various powertrain components. The aftermarket segment covers fuel injection, electronics and engine management, maintenance, test equipment, steering & suspension, and vehicle diagnostics products.
Delphi Technologies operates through 21 major manufacturing sites and 12 major technical centers worldwide. In 2018, it invested nearly USD 600 million in research and development. Delphi Powertrain Corporation is one of its major subsidiaries.
Strategy
Delphi Technologies is focused on expanding its portfolio and increasing its presence in the UK market. It primarily concentrates on manufacturing vehicle propulsion systems that optimize engine performance, increases vehicle efficiency, reduces emissions, improves driving performance, and support the electrification of vehicles. The company aims to enhance its position through investments in higher value electronics and service markets. It invests in improving the product line to meet the new stringent emissions and fuel efficiency regulations. The company’s strategies include the incorporation of a lean and flexible business model to minimize the weakness of low earnings and cash flow growth.
