Steering

AUBURN HILLS, Mich., May 16, 2008 -- Bishop Steering Technology's variable ratio rack and pinion steering, new to the 92nd Indianapolis 500 race, wins the BorgWarner Louis Schwitzer Award for most exceptional racing technology advancement.

Engineers Andrew Heathershaw, Soungjin Wou and Nick Belonogoff of Bishop Steering Technology and Andrea Toso from Dallara Chassis will be honored with the 42nd annual BorgWarner Louis Schwitzer Award for their work in the development and implementation of this technology for the IndyCar(R) Series.

The variable ratio rack and pinion steering technology developed by Bishop, whose North American facility is located in Indianapolis, IN, offers a number of driver performance benefits:

-- Reduces driver fatigue through improved ease in steering

- Delphi Files Motion To Request Hearing With U.S. Bankruptcy Court
- Steering Solutions Corporation, a wholly owned entity of Platinum Equity, LLC, is named lead bidder in the sale of Delphi Corporation's global steering division

December 11, 2007, TROY, MICH. -- Delphi Corporation (PINKSHEETS: DPHIQ) has entered into a master sale and purchase agreement with Steering Solutions Corporation, a wholly owned entity of Platinum Equity, LLC, for the sale of its global steering and halfshaft businesses.

October 15, 2007, FRANKFURT, GERMANY -- Delphi's extensive range of aftermarket steering and suspension parts has been expanded with 414 new parts. The range now includes more than 3,050 part numbers covering 95 percent of the European car parc, making it one of the most comprehensive and up to date in the European aftermarket.