DELPHI 2011 Annual Report Download - page 5

Table of Contents
PART I
ITEM 1. BUSINESS
"Delphi," the "Company," the "Successor," "we," "us" and "our" refer to Delphi Automotive PLC, a public limited company which was formed under
the laws of Jersey on May 19, 2011, together with its subsidiaries, including Delphi Automotive LLP, a limited liability partnership incorporated under the
laws of England and Wales which was formed on August 19, 2009 for the purpose of acquiring certain assets of the former Delphi Corporation, and became a
subsidiary of Delphi Automotive PLC in connection with the completion of the Company's initial public offering on November 22, 2011. The former Delphi
Corporation and, as the context may require, its subsidiaries and affiliates, are referred to herein as the "Predecessor" or "Old Delphi".
We are a leading global vehicle components manufacturer and provide electrical and electronic, powertrain, safety and thermal technology solutions to
the global automotive and commercial vehicle markets. We are one of the largest vehicle component manufacturers, and our customers include 24 of the 25
largest automotive original equipment manufacturers ("OEMs") in the world. We operate 114 major manufacturing facilities and 15 major technical centers
utilizing a regional service model that enables us to efficiently and effectively serve our global customers from low cost countries. We have a presence in 30
countries and have over 17,000 scientists, engineers and technicians focused on developing market relevant product solutions for our customers. In line with
the growth in emerging markets, we have been increasing our focus on these markets, particularly China, where we have a major manufacturing base and
strong customer relationships.
Website Access to Company's Reports
Delphi's internet website address is www.delphi.com. Our Annual Reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K,
and amendments to those reports filed or furnished pursuant to section 13(a) or 15(d) of the Exchange Act are available free of charge through our website as
soon as reasonably practicable after they are electronically filed with, or furnished to, the Securities and Exchange Commission.
Our History
In October 2005, the Predecessor and certain of its United States ("U.S.") subsidiaries (collectively, the "Debtors") filed voluntary petitions for
reorganization relief under Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the Southern
District of New York (the "Bankruptcy Court"). Collectively, the Debtors' October 2005 filings are herein referred to as the "Chapter 11 Filings." On July 30,
2009, the Bankruptcy Court approved modifications to the First Amended Joint Plan Of Reorganization Of Delphi Corporation And Certain Affiliates,
Debtors And Debtors-In-Possession (As Modified) (the "Modified Plan"), which incorporated the master disposition agreement among the Predecessor, GM
Component Holdings LLC, Motors Liquidation Company ("Old GM"), General Motors Company ("GM") and DIP Holdco 3, LLC, for the sale and purchase
of substantially all of the Predecessor's businesses. On October 6, 2009 (the "Acquisition Date") the Predecessor emerged from chapter 11 in accordance with
the Modified Plan. Through the Acquisition Date, the Debtors operated their businesses as "debtors-in-possession" under the jurisdiction of the Bankruptcy
Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court. The Predecessor's non-U.S. subsidiaries
were not included in the Chapter 11 Filings, continued their business operations without supervision from the Bankruptcy Court and were not subject to the
requirements of the Bankruptcy Code.
On August 19, 2009, Delphi Automotive LLP, a limited liability partnership organized under the laws of England and Wales, was formed for the
purpose of acquiring certain assets and subsidiaries of the Predecessor, as discussed below.
On the Acquisition Date, the Predecessor (i) consummated the transactions contemplated by the Modified Plan and (ii) exited chapter 11 as DPH
Holdings Corp. and its subsidiaries and affiliates ("DPHH"), except that
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