Headquartered in Troy, at Michigan, in the US, Delphi Corporation is one of the largest manufacturers of auto parts in the world. The company manufactures and supplies integrated systems and modules, transportation components, vehicle electronics, and various other electronic technologies to global Original Equipment Manufacturers (OEMs). The company, which was spun-off in 1999 from General Motors, operates through three segments, namely Dynamics, Propulsion, Thermal & Interior Sector; Electrical, Electronics & Safety Sector; and the Automotive Holdings Group, which comprises of select businesses of Delphi that do not meet with its targets for the company's financial metrics. In the year ended December 31, 2004 (or fiscal 2004), Delphi posted net sales of US$28,622 million, a 1.9% year-on-year growth.
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