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When did delphi automotive change its name to delphi?


Asked by Zaid Cherry on Dec 02, 2021 FAQ



The business was established as the Automotive Components Group in 1994 and changed its name to Delphi Automotive Systems in 1995.
Additionally,
The company spun off its powertrain division and aftermarket-related businesses (now Delphi Technologies) in December 2017 and changed its name to Aptiv plc. In August 2020, Aptiv and Hyundai Motor Group expanded a joint autonomous driving venture and named it Motional.
Thereof, Delphi Automotive traces its roots back to its earliest predecessor founded in 1881, and is headquartered in Dublin, Ireland.“ 1881: Delphi Auto’s earliest predecessor is founded.
In this manner,
ACG was renamed Delphi Automotive in January 1995 to help establish its independent identity in the industry. Delphi had six divisions at the time. Sales approached $27 billion for the year. Delphi began implementing a Japanese-style lean manufacturing system in 1996. The company also began to transform itself into a global supplier.
Furthermore,
On December 5, 2017, Delphi Automotive Plc, renamed as Aptiv Plc (NYSE:APTV, $88.77, Market Capitalization $23.6 billion) completed the tax-free spin-off of Delphi Technologies Plc (NYSE:DLPH, $56.50, Market Capitalization $5 billion). Post separation, both companies began trading ‘Regular-Way’ on 12/5.