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Delphi Automotive Systems (Firm)

LC control no.no2001027416
Descriptive conventionsrda
Corporate name headingDelphi Automotive Systems (Firm)
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See alsoHierarchical superior: General Motors Corporation
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Predecessor: Automotive Components Group Worldwide
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Successor: Delphi Automotive Systems Corporation
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Beginning date1995
Ending date1999
LocatedTroy (Mich.)
Field of activityAutomobiles--Parts--Design and construction
Found inDelphi Automotive Systems - Flint East Operations, Flint, Michigan, 2001: p. 1 (Delphi Automotive Systems; manufactures automotive components, systems, and modules)
Its Annual report, 1999: t.p. (Delphi Automotive Systems) p. 31 (Delphi Automotive Systems Corporation)
GM moves to revamp components business - Deseret news, via WWW, July 26, 2019 (Dow Jones News Service. Published: March 24, 1995. General Motors Corp. is quietly closing a deal that will complete a 3-year-old plan to restructure its parts and components business. In an internal document obtained by Dow Jones, the President's Council of GM approved a plan to sell its Magnaquench operation, which makes magnets for motors and other products, to San Huan Group Inc. of Beijing for $70 million. ... Magnaquench, which earned $75 million last year, is the last on a list of 14 parts businesses targeted for divestiture by GM's Automotive Components Group Worldwide, which has been renamed Delphi Automotive Systems)
   <https://www.deseretnews.com/article/411348/GM-MOVES-TO-REVAMP-COMPONENTS-BUSINESS.html>
Delphi Automotive Systems Corporation. Annual report on form 10-K for the year ended December 31, 2000, 2001: page 1 ( ... Delphi Automotive Systems Corporation (Exact name of registrant as specified in its charter) 5725 Delphi Drive, Troy, Michigan (Address of Principal Executive Offices) 48098 (Zip Code) page 3 (Overview: Delphi Automotive Systems Corporation ("Delphi'') is a world leading supplier of vehicle electronics, transportation components, integrated systems and modules, with 2000 net sales of $29.1 billion. ... History: Delphi was incorporated in Delaware in late 1998, as a wholly owned subsidiary of General Motors ("GM''). Prior to January 1, 1999, GM conducted the business through various divisions and subsidiaries. Effective January 1, 1999, the assets and liabilities of the Delphi business sector were transferred to Delphi and its subsidiaries in accordance with the terms of a Master Separation Agreement to which Delphi and GM are parties (the "Separation Agreement''). We became an independent company during 1999 through a series of transactions (the "Separation''). The Separation occurred in two stages, the first of which involved an initial public hearing (the "IPO'') on February 5, 1999, and the second of which involved the distribution of Delphi's remaining shares owned by GM (the "Spin-Off'') on May 28, 1999)
   <http://media.corporate-ir.net/media_files/NYS/DPH/reports/CalendarYear2000-10K.pdf>
History of Delphi Automotive Systems Corporation - FundingUniverse, via WWW, Mar. 29, 2020 (Key dates - 1991:GM organizes parts holdings into Automotive Components Group ... 1995: ACG is renamed Delphi Automotive [Systems] ... 1999: Delphi [Automotive Systems Corporation] is spun-off from GM ... When GM completed Delphi's spinoff in May 1999, the newly independent company was twice as large as Visteon Corporation, the parts maker that was being spun off from Ford. Revenues were about $28.5 billion in 1998, when the company posted a net loss of $93 million)
   <http://www.fundinguniverse.com/company-histories/delphi-automotive-systems-corporation-history/>
Delphi Corporation WWW site, Nov. 7, 2005: Press release, Apr. 17, 2002 (Delphi [Automotive Systems Corporation] changed its name to Delphi Corporation)