![]() ^ "Detroit News: Delphi split aiming to reckon technology, value".^ "Delphi Automotive Splits Into Two". ![]() ^ a b c "Delphi Technologies completes spinoff into Powertrain and Aftermarket focused stand-alone company".agreed to buy Delphi Technologies in an all stock merger that valued Delphi at about $3.3 billion, Delphi stockholders would own about 16% of the combined company. On 7 January 2019 Richard Dauch was named new CEO. In October 2018, he left the company, and director and former Tenneco COO Hari Nair was named interim CEO. Upon the formation of Delphi Technologies, Liam Butterworth, head of the former Delphi Automotive's global powertrain business since 2014, was named CEO. and operates technical centers, manufacturing sites and customer support services in 24 countries. The company had 20,000 employees including 5,000 engineers. ![]() The company provided combustion systems, electrification products and software and controls, and operated in the passenger car and commercial vehicle markets, and in vehicle repair through a global aftermarket network. It was added to the S&P MidCap 400 Index on 6 December 2017. The $4.5 billion company began trading under the former Delphi Automotive symbol DLPH on the New York Stock Exchange. Delphi Technologies was an independent automotive company from 2017 to 2020, when it was acquired by BorgWarner Inc.ĭelphi Technologies was formed in 2017 when Delphi Automotive, formerly a division of General Motors, renamed itself Aptiv and spun off its powertrain and aftermarket related businesses to a stand-alone company Delphi Technologies PLC. ![]()
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