DELPHI 2013 Annual Report Download - page 18

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16
SPOTLIGHT ON CHINA
Investing to win
China is the world’s largest and fastest growing vehicle
market. We have been there since the beginning of the
presence of global automakers — nearly twenty years.
Today, China’s automotive market is marked by global OEMs
going local and local OEMs going global. We serve all of the top 10
global automakers in China, and all of them are rapidly adopting
sophisticated content and looking toward export markets.
Local solutions with global impact
Our strategy, as seen in our expanding footprint, is to design and build
in the region for the region. 2,900 of our global cadre of more than
19,000 scientists, engineers and technicians reside in China, and are
focused on problem-solving for the Chinese market. We expect these
numbers to grow considerably over the next five years.
Our revenues in China are already growing almost twice as fast as the
market. There are 83 cars per one thousand people, only one tenth
of the per capita in the U.S. As that number accelerates, so does our
opportunity. Also, we are focused on the rapidly growing mid- and
heavy-duty diesel market there, which will soon be the biggest diesel
market on the planet.
We continue to invest in China to capitalize on its growth, adding
a third tech center and having added three plants this year — at
immediate full capacity. And, the plan is that more will follow.
Our new EMS technical
center in Beijing increases
our design capabilities, and
we continue to add to our
manufacturing capacity to
serve the China market.