Making it possible.

Download the 2015 Annual Report

Driven by meaningful innovation.

At Delphi, we are driven by meaningful innovation. This inspires every Delphi action. Solutions for the megatrends we have built our business around - Safe, Green, Connected - continue to converge. Mastering their interplay and integration is vital to our future and to where our customers and their customers are headed. We continue to pioneer intelligent driving with advances like V2E^TM - Vehicle2Everything technology which elevates active safety while integrating it with engine performance and the driver's connected world.

We see the future of driving and are making it possible today.

Making safe possible.

We envision a society with zero road fatalities, zero injuries and zero accidents.

Making green possible.

The time for 48V is now—using our electrical architecture advantage to take intelligent driving to whole new levels.

Making connected possible.

Delphi is pioneering advancements in intelligent vehicle technology to deliver a seamlessly informed, personalized and extraordinarily safer driving experience.

Making safe possible.

We envision a society with zero road fatalities, zero injuries and zero accidents.

Making green possible.

The time for 48V is now—using our electrical architecture advantage to take intelligent driving to whole new levels.

Making connected possible.

Delphi is pioneering advancements in intelligent vehicle technology to deliver a seamlessly informed, personalized and extraordinarily safer driving experience.

Letter to shareholders

Delphi delivered strong operating results in what turned out to be a challenging macro environment during 2015. The Delphi team's ability to react to a rapid changing market, while positioning the company for growth with market-relevant solutions that solve our customer's toughest challenges, played perfectly to the theme of our 2015 annual report - Making it Possible.

Leadership

Financial highlights

Our business at a glance.

Delphi business segments

Electrical/Electronic Architecture

Electronics & Safety

Powertrain Systems

Electrical/Electronic Architecture Provides complete design of the vehicle’s electrical architecture, including connectors, wiring assemblies and harnesses, electrical centers and hybrid high voltage and safety distribution systems. Our products provide the critical electrical and electronics backbone that supports increased vehicle content and electrification, reduced emissions and higher fuel economy through weight savings.

Provides critical components, systems and advanced software for passenger safety, security, comfort and infotainment, as well as vehicle operation, including body controls, infotainment and connectivity systems, hybrid vehicle power electronics, passive and active safety electronics, displays and mechatronics. Our products integrate and optimize electronic content, which improves fuel economy, reduces emissions, increases safety and provides occupant infotainment and connectivity.

Provides systems integration of full end-to-end gasoline and diesel engine management systems including fuel handling, fuel injection, combustion, electronic controls, test and validation capabilities, aftermarket and original equipment services. We design solutions to optimize powertrain power and performance while helping our customers meet new emissions and fuel economy regulations.

Global scale with regional capabilities

18 of the top 20 vehicle models in the United States.

19 of the top 20 vehicle models in Europe.

18 of the top 20 vehicle models in China.

Portfolio enhancements

We continued to strategically position Delphi’s product portfolio in high-growth spaces that address the industry megatrends of Safe, Green and Connected through a series of value enhancing portfolio modiﬁcations.

In 2015, we acquired Ottomatika, a startup that grew out of Carnegie-Mellon University. This significantly advanced our ability to develop and refine autonomous driving systems software. Our acquisition of Control-Tec, a leading Software-as-a-Service (SaaS) provider of telematics and analytics primarily for vehicle testing events during the late stages of product development, better positions Delphi to provide even greater support to our customers, who face increased challenges through greater vehicle complexity and regulations as they prepare to launch new products. Acquiring HellermannTyton expands our world-class wiring, cabling and connector capabilities, while taking us into exciting adjacent industries.

We also extended our technology partnership with Quanergy to an investment in the company, which is putting innovative, affordable, solid-state LiDAR into the active safety mix. Investing in Tula Technology gives us direct access to its revolutionary dynamic skip fire engine technology—a green, fuel-saving tech which, depending on the engine load, deactivates certain cylinders while dynamically ensuring the engine stays in balance without any effect on the driving experience.

Innovation

Creating integrated solutions.

Software, systems and silicon

Delphi’s multi-domain controller is a game changing technology that will accelerate automated driving—bringing together multiple electronic sub-systems within a vehicle into a single, powerful control center.

Software, systems and silicon Last year, we shipped twenty billion lines of code a day. Soon, we’ll be closer to 100 billion daily. The vehicle is no longer defined simply by horsepower or mileage or torque or traction or styling. Now, it’s software. We are a passionate tech company that grew up in the automotive sector. In many ways, this is easier than being a tech company taking on the challenge of transforming itself into something automotive grade. And while individual innovations are critical, what matters most going forward are integrated solutions that optimize how those products work and how they work together on the road. This is right in our wheelhouse.

System integration is our expertise. Our sensor fusion technology now enables complementary and redundant safety systems to offer incredibly robust packages that deliver the world’s safest, greenest and most connected cars.

We are bridging the gap between today’s advanced driver assistance systems and tomorrow’s autonomous driving.

Beneath its skin the average vehicle now has up to 50 computers, a number that continues to climb. Our introduction of multi-domain controllers will slow that increase down. Instead of more and more computers, our new systems are using an array of smarter, more powerful computer modules that control multiple domains at once. These systems vastly increase the integrated functionality and computer power while reducing the number of discrete computer boxes.

Collaboration

Engaging people.

Excellence

Optimizing performance.

A culture of flawless execution

We have earned a reputation for ﬂawless execution in the products we make and launch.

We ship 60 million parts daily and are proud to say that 99.5 percent are delivered on time, at a 99.998 percent quality level. This dedication to excellence permeates all the processes we use to manage our entire enterprise.

Our Enterprise Operating System (EOS) aligns processes and procedures through workflows that manage complexity, drive performance and deliver excellence every time.

The auto industry has categorically moved to global platforms. A key driver is the move to sophisticated Safe, Green and Connected solutions—shifting investment to focus on these desired and distinctive aspects. Global platforms deliver economies of scale through sharing basic parts and spreading the costs of product development and manufacturing tools over millions of vehicles.

Delphi offers automakers an ideal footprint for supplying the collaborative engineering expertise and integrated solutions needed for the optimal development and manufacture of vehicles built on global platforms.

27.8 million vehicles in 2020 will be accounted for by the top 10 platforms in the auto industry, up from 19.2 million in 2014.*

It's not just about what we make, it's about what we make possible.

A responsible business by design

At Delphi, we foster a culture of responsibility--from operational efficiencies to how we work together--with our customers and suppliers and within our teams and communities. This is rooted in our purpose as a business: bringing innovations and integrated solutions to market that keep people safe and connected, while helping to protect the planet. Simply put, our solutions make the world a better place.

Our industry leading safety record saw a 22% improvement year-over-year.

Our Powertrain site in Blois, France became the ﬁrst Delphi site to be ISO 50001-certiﬁed.

“If every car on the road were equipped with the Delphi active safety technology on the market today, the world would get 80% of the safety beneﬁt that fully autonomous driving promises to deliver.” – Jeff Owens, Chief Technology Officer

Delphi is actively engaged with governments around the world on safety regulations as they evolve, paving the way for this new era of intelligent driving and the autonomous vehicles to come.

Delphi named among ‘Most Ethical Companies’ third year in a row

In 2015, Delphi earned the prestigious honor of being named one of the “World’s Most Ethical Companies” by the Ethisphere Institute for the third year in a row, demonstrating our ongoing commitment to, leadership in and actions in support of ethical business practices.