The Company Profile: Delphi Automotive

摘要

Delphi Automotive has had a longrnand complex history since it wasrncreated from a combination ofrndiverse General Motors partsrndivisions, through an IPO, arnbankruptcy and re-emergence as arnleaner, more agile entity with a morernfocused product portfolio. In 2009,rnafter four years in bankruptcy, therncompany received financing fromrnprivate investors, the PensionrnBenefit Guaranty Corp. and GeneralrnMotors (following GM’s bailoutrnfrom bankruptcy by U.S. taxpayers).rnThe new owners established arnlimited liability partnership in thernUnited Kingdom to acquire the Delphi business assets. To take advantage of lower tax rates, Delphi isrnheadquartered in Gillingham, Kent, U.K., with administrative offices in Michigan,rnShanghai, Luxembourg and Brazil.