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Wired News – Delphi Technologies Completes Spinoff into Powertrain and Aftermarket Focused Stand-Alone Company

Stock Monitor: China Automotive Systems Post Earnings Reporting

LONDON, UK / ACCESSWIRE / December 07, 2017 / Active-Investors issued a free report on Delphi Technologies PLC (NYSE: DLPH), which is readily accessible upon registration at www.active-investors.com/registration-sg/?symbol=DLPH as the Company's latest news hit the wire. On December 05, 2017, Delhi Automotive PLC announced the spin off into two separate Companies, Delphi Technologies (NYSE: DLPH), which is the powertrain segment and Aptiv PLC (NYSE: APTV), a global technology Company that is enabling the future of mobility. Sign up now for our free research reports at:

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Active-Investors.com is currently working on the research report for China Automotive Systems, Inc. (NASDAQ: CAAS), which also belongs to the Consumer Goods sector as the Company Delphi Technologies. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=CAAS

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Delphi Technologies most recent news is on our radar and we have decided to include it on our blog post. Today's free coverage is available at:

www.active-investors.com/registration-sg/?symbol=DLPH

Spinoff Overview

  • As a result of the spinoff, Delhi Technologies will independently trade on the New York Stock Exchange under the symbol DLPH. It includes businesses that generated revenue of about $4.5 billion in 2016.

  • This new Company would capitalize on its legacy of providing advanced vehicle propulsion solutions through combustion systems, electrification products and software and controls for global automotive, commercial vehicle, and aftermarket customers.

  • Delphi Technologies have a balanced mix of revenue, best-in-class cost structure, and experienced leadership.

  • Liam Butterworth, who has been leading the Powertrain segment since 2014, has been appointed as the Chief Executive Officer of Delphi Technologies. He brings with him his team of more than 20,000 employees with their industry-leading skills and expertise, who will work together to succeed in the agile and responsive environment focused on market and customer needs.

  • Delphi Technologies intends to present its new brand at the Consumer Electronics Show (CES) in January 2018 in booth #7512 in the North Hall.

Strategic Focus Areas

Delphi Technologies is a technology Company that focuses on solving emissions and fuel economy challenges for the world's leading automotive original equipment manufacturers. It also provides state-of-the-art aftermarket service solutions. The Company is headquartered in London, UK and operates technical centers, manufacturing sites, and customer support services in 24 countries.

Delphi Technologies strategic focus areas include:

  • Addressing Stringent Automotive Regulations: Liam Butterworth stated that Delphi Technologies is well positioned to help its customers meet increasing regulatory demands for fuel economy and emissions. The Company has the capabilities and portfolio to address stringent automotive regulations, such as reductions in CO2 and key toxic emissions from combustion engines by over 40% and 60%, respectively.
  • Greater Electrification: Besides, the Company is also paving way for full electrification through its comprehensive technology portfolio, best-in-class cost structure and a balanced geographic manufacturing footprint with 20 manufacturing facilities and 12 technical centers on three continents.

Although there has been a lot of debate regarding the future of internal combustion engine, market experts envisage that about 95% vehicles on the road will still have an engine in 2025. However, the degree of electrification will keep increasing.

This implies that there would be various opportunities for Delphi Technologies to make significant step changes in vehicle performance on the way to a fully electric market. Thus, it would continue to develop new innovative products such as electrified vehicles with both gas and electric systems such as mild and full hybrid solutions.

  • Increased Focus on Aftermarket Services: Delphi Technologies plans to increase its focus on the aftermarket business, which will also play an important role in supporting vehicle repairs to meet future regulations. The Company emphasizes meeting future demands for vehicle repair through its extensive global aftermarket network. Delhi Technologies has around 5,000 engineers who work towards creating innovative solutions for electric vehicles and internal combustion engines for a passenger car as well commercial vehicle markets.

Stock Performance Snapshot

December 06, 2017 - At Wednesday's closing bell, Delphi Technologies' stock declined 4.19%, ending the trading session at $54.13.

Volume traded for the day: 6.29 million shares, which was above the 3-month average volume of 2.58 million shares.

Stock performance for year-to-date - up 7.19%

After yesterday's close, Delphi Technologies' market cap was at $14.41 billion.

Price to Earnings (P/E) ratio was at 10.55.

The stock has a dividend yield of 2.14%.

The stock is part of the Consumer Goods sector, categorized under the Auto Parts industry. This sector was up 0.2% at the end of the session.

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