please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article contains embedded lists that may be better presented using prose . you can help by converting the list or lists to prose if appropriate . editing help is available . october 2013 learn how and when to remove this template message a major contributor to this article appears to have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . march 2013 learn how and when to remove this template message learn how and when to remove this template message delphi automotive plc type public limited company traded as nyse dlph s & p 500 component industry automotive founded 1994 headquarters gillingham kent uk 1 key people rajiv l. gupta chairman kevin p. clark president and ceo products vehicle electronics systems modules & components revenue us 17.023 billion 2014 2 operating income us 1.847 billion 2014 2 net income us 1.440 billion 2014 2 total assets us 10.746 billion 2014 2 total equity us 3.013 billion 2014 2 number of employees 161 000 december 2013 website delphi.com delphi automotive plc is an automotive parts manufacturing company headquartered in gillingham kent uk . 1 it is one of the world s largest automotive parts manufacturers and has approximately 161 000 employees . 3 with offices worldwide the company operates 126 wholly owned manufacturing sites and 15 technical centers across 32 countries . contents 1 history 1.1 chapter 11 reorganization 2 operations 3 controversies 4 joint ventures 5 senior management 6 environmental record 7 references 8 external links history edit 1994 general motors formed automotive components group . 1995 acg was renamed delphi automotive systems . 1997 gm and hughes electronics corporation spin off of hughes defense electronics business and transfer delco electronics from hughes to delphi . 1999 delphi automotive systems became a fully independent publicly held corporation . 2000 delphi purchased uk based lucas diesel systems from trw inc who purchased its parent lucasvarity plc in 1999 . 2001 11 500 jobs were cut worldwide bischoff 1a . 2002 delphi automotive systems was renamed delphi corporation reflecting its diversified business direction . 2004 delphi was subpoenaed by the securities & exchange commission sec in july for irregular accounting practices and financial transactions . 2005 delphi disclosed irregular accounting practices . a number of executives including cfo alan dawes resign . delphi chairman j.t. battenberg retires . delphi files for chapter 11 bankruptcy protection to reorganize its struggling u.s. operations . 4 as a result of this action the securities and exchange commission granted an application by the new york stock exchange to delist delphi s common stock and bonds . 5 the stock traded over the counter on the pink sheets electronic exchange . 2005 twenty four plants closed down in the u.s. 2006 delphi announced it would sell off or close 21 of its 29 plants in the united states . the eight plants it intends to keep are located in brookhaven mississippi ; clinton mississippi ; grand rapids michigan ; kokomo indiana ; lockport new york ; rochester new york ; warren ohio ; and vandalia ohio . delphi proposes that these remaining plants will operate with wage reductions and workforce reductions . february 2007 delphi announced the closure of its plant in puerto real c diz spain with a loss of 1600 direct jobs and more than 2500 indirect jobs . 6 despite having agreed to continue its manufacturing operations until 2010 and receiving more than 25 million from various public administrations in order to guarantee its workers jobs . 7 the regional government of andalusia announced it would begin legal action against the company for breach of local labor laws . 8 may 2008 delphi filed a lawsuit against investors . the lawsuit seeks to impose payment by investors in the amount of 2.55 billion in securities to aid delphi as it seeks to come out of bankruptcy . u.s. bankruptcy judge robert drain in new york ruled to allow delphi to seek payments through a contract against appaloosa management lp as well as denying investors request for a cap of 250 million for damages . 9 clarification needed 27 april 2009 coolit systems announced the acquisition of the assets of delphi thermal liquid cooling including intellectual property machinery and equipment . 10 11 6 october 2009 delphi s core assets were purchased by a group of private investors to create a new delphi corporation . some of its non core steering operations have been sold to general motors company the successor to the bankrupt motors liquidation company that used to be the old general motors corporation . the stock was cancelled . the old delphi corporation was renamed dph holdings corporation . 12 1 july 2015 delphi announces the sale of their thermal business unit to mahle behr gmbh . together the mahle behr and delphi thermal merger now represents the 2nd largest supplier of automotive thermal management systems including interior hvac components under hood powertrain cooling and compressors . 13 11 december 2015 delphi announces improvements to self driving technology under development . 14 chapter 11 reorganization edit during the chapter 11 cases delphi made substantial progress in identifying and implementing the sale or receiving bankruptcy court approval to sell or wind down of those facilities and business lines that do not support the company s future strategic framework including the sale of the brake hose manufacturing business in dayton ohio to harco manufacturing group announced in january 2007 . 15 the settlement of a social plan in the concurso or spanish insolvency proceeding of delphi automotive systems espana s.l. the sale of the mexican brake components business including a manufacturing plant in saltillo coahuila mexico to robert bosch llc and its affiliate frenados mexicanos s.a. de c.v. announced in june 2007 . 16 the sale of substantially all of the assets of mobilearia inc. to wireless matrix usa inc. the sale of the u.s. battery operations in new brunswick new jersey to johnson controls inc. in 2006 . 17 the wind down of a delphi medical texas facility in houston texas the consolidation of fuel injector production in rochester new york during 2006 2007 which allowed the debtors to wind down a manufacturing facility in coopersville michigan the sale of the catalyst business to umicore completed in october 2007 . 18 the sale of the wheel bearings business based in sandusky ohio to kyklos inc. which is a wholly owned subsidiary of hephaestus holdings inc. in february 2008 . 19 the sale of the interiors and closures business was announced in october 2007 to renco group . this includes facilities in gadsden alabama cottondale alabama north kansas city missouri orion michigan adrian michigan woerth france matamoros mexico the sdads joint venture in shanghai china and the kds joint venture in daegu south korea . 20 the sale of certain north american brake component machining and assembly assets to trw automotive holdings which includes sites in saginaw michigan spring hill tennessee and oshawa canada announced in september 2007 . 21 the sale of various components and steering operations to the new general motors company was announced on 3 august 2009 . delphi thermal systems powertrain powertrain systems grand rapids and electronics and safety became part of gm components holdings llc a subsidiary of gm . delphi steering two regional engineering centers and 15 manufacturing locations in mexico brazil europe india china and australia became part of gm global steering holdings llc also a subsidiary of gm . 22 sale of global suspension and brakes business global ride dynamics to beijingwest announced 31 march 2009 . 23 bwi group commenced 1 november 2009 . operations edit as of november 2015 update delphi has four diversified business segments 2 electrical electronic architecture provides complete vehicle electrical systems integrating wiring and cable assemblies electrical centers and connection systems . electronics & safety provides components systems and software for both passive and active safety security comfort and infotainment as well as other vehicular electronic controls . powertrain systems provides integrated gasoline and diesel engine management systems including fuel handling valve train fuel injection combustion controls electronics and a complete line of aftermarket products and services . product & service solutions provides auto parts from oe divisions and oe competitors for the aftermarket . controversies edit on 4 march 2005 delphi said it had fired its cfo and would restate earnings between 1999 when delphi spun off from general motors corp gm and 2004 for improper reporting of rebates credits or other payments from suppliers . 24 in june 2006 delphi said in a filing that it would restate its 2005 report which would increase delphi s reported 2004 net loss by 65 million . in 2013 delphi became involved in an ongoing lawsuit against gm because it manufactures ignition switches for the chevrolet cobalt whose original design is alleged to be defective . 25 joint ventures edit enerdel started as a joint venture of ener1 and delphi . in august 2008 ener1 bought exclusive ownership of enerdel . 26 condumex a grupo carso division . senior management edit on 4 november 2009 delphi named a new board 27 with john a. krol as the chairman . kevin p. clark has been the president and chief executive officer of the company 28 since march 2015 . environmental record edit researchers at the university of massachusetts amherst identified delphi corp. as the 21st largest corporate producer of air pollution in the united states in 2002 . 29 according to the study the manufacturer s most toxic emissions included asbestos 542 lb yr chromium compounds 1 082 lb yr lead compounds 8 466 lb yr and sulfuric acid 17 600 lbs year while the most massive emissions were glycol ethers 111 520 lbs year and hydrochloric acid 80 000 lb yr . 30 references edit a b addresses . delphi . 31 january 2014 . retrieved 2 march 2014 . a b c d e f year end financial statements . delphi . 4 february 2015 . retrieved 31 december 2015 . delphi investor relations 2013 form 10 k pdf . retrieved 2 march 2014 . delphi automotive chapter 11 petition pdf . pacermonitor . pacermonitor . retrieved 31 may 2016 . sec delisting order . sec.gov . retrieved 15 april 2012 . delphi to close spain factory cut jobs . businessweek . 23 february 2007 . closure of the delphi undertaking in puerto real c diz parliamentary question submitted by willy meyer pleite mep to the european commission . zarr as dice que no permitir que delphi se r a de andaluc a . terra . 23 february 2007 . judge allows delphi to pursue claims against investors . chicago tribune . 29 july 2008 . retrieved 29 july 2008 . lewis rob . coolit puts new money to work . techvibes . retrieved 26 february 2016 . coolit systems acquires delphi liquid cooling assets . business wire . retrieved 26 february 2016 . dph holdings corporation . kurtzman carson consultants llc . retrieved 30 march 2010 . mahle group delphi thermal is now part of the mahle group press release . germany mahle . 1 july 2015 . retrieved 15 may 2016 . gardner greg 11 december 2015 . delphi s self driving audi sq5 to showcase new features . detroit free press . retrieved 13 december 2015 . delphi signs sale agreement for brake hose business ; files motion to request hearing with the bankruptcy court press release . delphi . 29 january 2007 . delphi signs agreement to sell mexican brake plant files motion to request hearing with the bankruptcy court press release . delphi . 15 june 2007 . delphi completes sale of u.s. battery plant to jci press release