Aptiv PLC (Formerly Delphi Automotive PLC) Business Report FY ended Dec. 2016

Financial Overview

(in million USD)
FY ended Dec. 31, 2016 FY ended Dec. 31, 2015 Rate of
change (%)
Net Sales 16,661 15,165 9.9 1)
Operating Income 1,947 1,723 13.0 -

1) Net Sales
-The Company's net sales for the fiscal year ended December 31, 2016 increased by 9.9% from the previous year to USD 16,661 million. The increase in the total net sales is primarily attributable to continued increased volumes in the North America, Europe and Asia Pacific regions, as well as incremental sales as a result of the acquisition of HellermannTyton in December 2015.


-In March 2016, the Company closed the sale of its 50 percent interest in its Shanghai Delphi Automotive Air Conditioning joint venture to one of Delphi's joint venture partners, Shanghai Aerospace Automobile Electromechanical Co., Ltd.

-In December 2016, the Company completed the sale of its Mechatronics business, which was previously reported within the Company's Electronics and Safety segment, for net cash proceeds of approximately USD 197 million.


-In March 2016, the Company acquired 100% of the equity interests of PureDepth, Inc., a leading provider of 3D display technology, for approximately USD 15 million.

-In January 2017, the Company acquired 100% of the equity interests of Movimento Group, a leading provider of Over-the-Air software and data management for the automotive sector, for a purchase price of USD 40 million at closing. Movimento will remain an independent entity within Delphi, and will maintain its existing customer service model. (From a press release on January 4, 2017)

Technological Alliance

Map services with AutoNavi
-Delphi and AutoNavi agreed that they will collaborate on technology for autonomous vehicles by utilizing AutoNavi's maps, navigation and location-based services. AutoNavi will gather, analyze, process, and distribute real-time information including road images, GPS data, and information on weather, accidents, traffic restrictions, and construction sites to offer technology to create cloud services for autonomous vehicles and high-precision maps (From news releases issued by multiple sources on January 8, 2016)

V2X platform with AT&T and Ford
-AT&T, Delphi and Ford are developing a new capability to enhance Vehicle-to-Anything (V2X) communications. The platform is showcased at the 2017 Consumer Electronics Show in Las Vegas. The 3 companies collaborated on this Proof of Concept to demonstrate this capability. Delphi developed the on-board V2X module. AT&T developed the software for the analytics platform and will provide the wireless connectivity. Ford developed the in-car integration. Through the V2X platform, the nationwide AT&T LTE network would extend the range of Dedicated Short Range Communications (DSRC) communications. The platform uses the network to send notifications and updates for security credential management to each vehicle. The platform is designed to help vehicles "talk" with each other and smart cities infrastructure to improve safety and vehicle security, reduce traffic congestion, save money and protect the environment. (From a press release on January 5, 2017)

R&D Activities

Centralized Sensing Localization and Planning (CSLP) automated driving system with Mobileye
-Delphi and Mobileye conducts the most complex automated drive ever publicly demonstrated on an urban and highway combined route in Las Vegas for CES 2017. The 6.3-mile drive will showcase Delphi and Mobileye's Centralized Sensing Localization and Planning (CSLP) automated driving system, which will be ready for production by 2019. CSLP is the first turnkey, fully integrated automated driving solution with an industry-leading perception system and computing platform. (From a press release on December 20, 2016)

-The Company announced that it is adding computer chip giant Intel to a partnership with Mobileye to accelerate development of a fully autonomous vehicle system for production by 2019. Intel will enhance a software system initially developed by Mobileye. Delphi will demonstrate the new Centralized Sensing Localization and Planning (CSLP) system at the 2017 Consumer Electronics Show with a vehicle that identifies its location within 10 cm of accuracy and acts with intuitive driving knowledge. (From a Detroit Free Press article on November 29, 2016)

-Delphi and Mobileye announced their plans to jointly develop a Level 4/5 fully autonomous vehicle system to be produced in late 2019 or 2020. Mobileye specializes in real-time mapping, while Delphi produces software, cameras, LiDAR and radar. The proposed system includes a steering wheel and pedals, allowing a driver to take control in an emergency. Automakers will be able to install the system on a range of vehicle platforms, from small cars to SUVs. (from a Detroit News article on August 23, 2016)

Automated mobility on demand (MoD) pilot in Singapore
-The Company said it is launching an autonomous car pilot program in Singapore that will ferry passengers at low speeds from their homes or offices to mass transit stations. Delphi will equip six electric vehicles with its self-driving software and make them available for rides-on-demand along a 4-mile route. By 2019, the Company will offer cars without pedals or steering wheels that can be summoned by smartphone application. Testing will last for three years, with operational service planned for 2022. Delphi will announce plans later this year for similar testing in North America and Europe. (From a press release and a Detroit News article on August 1, 2016)

Product Developments

48V mild-hybrid vehicle solution
-The Company unveiled its 48-volt, mild-hybrid vehicle solution. The Company confirmed it is working with two global automakers and could see production within 18 months. Showcased in a Honda Civic 1.6-liter diesel vehicle, Delphi's 48-volt, mild hybrid technology enables "intelligent" electrification. The customized vehicle architecture maximizes the use of the 48-volt electrification to minimize the demand on the engine, improving performance while lowering CO2 emissions by more than 10 percent. This technology leverages what engineers call an "e-charger" for improved vehicle launch. Delphi's demonstration vehicle increases low-end torque an average 25 percent. It is estimated that 11 million 48-volt, mild hybrid vehicles would reduce oil consumption by four billion gallons (more than 15 billion liters) over the life of the fleet. (From a press release on April 13, 2016)


-Volvo XC90 SUV comes with Delphi's sensor unit integrating a millimeter-wave radar and monocular camera on the upper part of the windshield. The new system does not use vehicle-to-vehicle and vehicle-to-infrastructure communications, but enables the vehicle to avoid collisions when making a right-hand turn using the sensor unit only. The new system offers a detection distance of 120 meters and is capable of recognizing up to 10 objects. (From an article in the Nikkan Jidosha Shimbun on January 28, 2016)

R&D Structure

-As of December 31, 2016, the Company has over 20,000 employees working in research and development.

-The Company has 15 major technical centers:

  • North America: 5 facilities
  • Europe, Middle East and Africa: 5 facilities
  • Asia Pacific: 4 facilities
  • South America: 1 facility

R&D Expenditure

(in billion USD)
FY ended Dec. 31, 2016 FY ended Dec. 31, 2015 FY ended Dec. 31, 2014
Total 1.5 1.5 1.6

-The Company expects to invest approximately USD 1.2 billion in research and development activities for the year ending December 31, 2017.

Capital Expenditure by Segment

(in million USD)

FY ended Dec. 31, 2016 FY ended Dec. 31, 2015 FY ended Dec. 31, 2014
Electrical/Electronic Architecture 458 353 326
Powertrain Systems 171 201 322
Electronics and Safety 131 102 82
Eliminations and Other 68 48 49
Total 828 704 779

Capital Expenditure by Geographic Area

(in million USD)

FY ended Dec. 31, 2016 FY ended Dec. 31, 2015 FY ended Dec. 31, 2014
North America 288 247 214
Europe, Middle East & Africa 338 245 290
Asia Pacific 193 202 253
South America 9 10 22
Total 828 704 779