Delphi Technologies Reports Results For 4th Quarter And Full Year 2018
The company reported revenue of $1.2 billion for the quarter and $4.9 billion for the full year, a decrease of 5 percent and flat revenue compared to the respective equivalent prior periods, on an adjusted basis.
Delphi Technologies Announces $200M Share Repurchase Program; Suspends Quarterly Dividend
“Given Delphi Technologies’ current share price and our confidence in new CEO Rick Dauch, the board of directors believes that it is appropriate to refocus our capital allocation priorities toward share repurchases rather than paying a quarterly dividend,” said Timothy Manganello, non-executive chairman of the board of directors. “This emphasizes our commitment to create long-term shareholder value.”
Richard Dauch Appointed CEO Of Delphi Technologies
Dauch succeeds Hari Nair, who has been serving as interim CEO since Oct. 5, 2018.
Delphi Technologies And Valeo Join The Auto-ISAC
The Auto-ISAC was formed by automakers in August 2015 to establish a global information sharing community to promote vehicle cybersecurity.
Delphi Technologies Reports 3rd Quarter 2018 Financial Results
Strong momentum in key technologies continues with $3.8 billion of bookings in the third quarter, the company says.
Delphi Technologies Expands GDi Service Program In North America
Delphi Technologies, a Tier 1 supplier of GDi systems to global OEMs, this week announced the launch of the Hartridge Excalibur GDi Master.
Delphi Technologies To Reveal New Brand And Product Expansion News At AAPEX 2018
“It is a new moment for our company, for our brand and for the aftermarket at Delphi,” said Chad Smith, vice president, Delphi Technologies Aftermarket, North America.
Delphi Technologies CEO Steps Down; Company Appoints Former Tenneco Leader Hari Nair As Interim CEO
Nair, who has more than 30 years of automotive executive experience, also has been a director of Delphi Technologies since it became a public company in December 2017. He started his career at General Motors, before joining Tenneco Inc., where he held several senior leadership positions in global operations and the aftermarket sector.
Delphi Technologies Reports 2nd Quarter 2018 Financial Results, Updates Full-Year Outlook
The company says strong momentum in key technologies continues with bookings of $5.3 billion in the first half of the year.
Delphi Technologies Earns Company Of The Year Recognition From Frost & Sullivan
Exhibiting strong year-over-year growth, Delphi continues to expand its product portfolio and innovate in the field of service technician training, says Frost & Sullivan.