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Goldman Sachs Industrials Conference 2014
November 12, 2014
Jeff Owens Executive Vice President and Chief Technology Officer
Forward-looking statements
This presentation, as well as other statements made by Delphi Automotive PLC (the “Company”), contain forward-
looking statements that reflect, when made, the Company’s current views with respect to current events and financial
performance. Such forward-looking statements are subject to many risks, uncertainties and factors relating to the
Company’s operations and business environment, which may cause the actual results of the Company to be materially
different from any future results. All statements that address future operating, financial or business performance or the
Company’s strategies or expectations are forward-looking statements. Factors that could cause actual results to differ
materially from these forward-looking statements are discussed under the captions “Risk Factors” and “Management’s
Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s filings with the Securities
and Exchange Commission. New risks and uncertainties arise from time to time, and it is impossible for us to predict
these events or how they may affect the Company. It should be remembered that the price of the ordinary shares and
any income from them can go down as well as up. The Company disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a result of new information, future events and/or otherwise, except
as may be required by law.
3
Delphi at a glance
1. Adjusted for restructuring charges, acquisition-related integration costs and asset impairment costs
Q3 2014 LTM
revenue:
$17.1 billion
Q3 LTM 2014
adj. OI margin1:
11.6%
Q3 LTM 2014
operating
cash flow:
$1.9 billion
Engineers,
scientists and
technicians:
19,000
Annual
investment
in R&D:
$1.7 billion
Q3 2014 LTM
adj. OI1:
$2.0 billion
On time
customer
delivery:
99.5% of
the time
Booked
business
since 2009:
$128 billion
4
Technology on a global scale
Open and
close 1/2
billion times
Delphi GDi Fuel
Injector
Delphi Diesel
Fuel Injector
2.25 billion
injection events
Reduces
660 pounds of
CO2 emissions
Delphi Brushless
Fuel Pump
1 billion
instructions
per second
Delphi Engine
Controllers
Reduces
accidents
by 30%
Delphi vision
and radar
systems
Scans the
road 3.5 million
times per day
Delphi ESR
Up to 2 billion
lines of code
Delphi Processors
Can operate
in 1,600°F temps
Delphi Exhaust
Sensor
5
Technology Advisory Council
Leading Delphi toward a Safer, Greener and more Connected future
• Global council helps advance Delphi’s enterprise objectives
– Guide product strategies and investments in technology to create value
for our shareholders
– Focus on advanced technologies to drive growth
• Panel of prominent global technology thought leaders
Mr. Hamid Akhavan Former Chief Executive
Officer of Unify Inc.
Prof. Dr. Jens Hadler General Manager
Automobil-Prüftechnik Landau GmbH
Mr. Magnus Jonsson Former Senior Vice President
Product Development, Volvo Cars
Prof. Dr. Ma Jun Dean of Automotive Marketing &
Management Institute, TongJi University
Mr. Glenn Lurie Chief Executive Officer
AT&T Mobility
6
Automotive News PACE award finalists
Delphi holds 17 PACE awards and is the
leading recipient of the recognition
RACam Integrated Radar and Camera System
Multi-Charge Ignition
Integrated Front/Rear HVAC
7
Key megatrends
Safe Green Connected
Leading positions in growing markets
Safe
~20% Green
~50%
Connected
~30%
8
Why Safe matters…
1. http://www.distractu.com/Parents/About-the-Program.aspx# 2. http://www.textinganddrivingsafety.com/texting-and-driving-stats/
Investing in tomorrow’s technologies to reduce accidents
A text message takes a driver's eyes
from the road for an average of
4.6 seconds, the equivalent
of driving the length of an entire
football field, blind
Delphi’s Safe revenue
20182013
Driving distracted is the
equivalent of driving
with a blood alcohol level
of .081
Text
messaging
makes a
crash up to
23x
more likely2
5X increase
in Active Safety
market by 2020
An extra
½ second of warning can mitigate
60% of crashes
Active Safety
CAGR = ~30%
9
$-
$2
$4
$6
$8
$10
$12
$14
$16
$18
Passive Safety
2013 2014 2015 2016 2017 2018 2019 2020
Global safety electronics market ($ billions)
Passive Safety
Active Safety
Active Safety past the tipping point
Active Safety market grows to $14B at ~35% CAGR
10
Why Connected matters…
1. Harvard Health Watch: http://blog.tempoplugin.com/2013/7-time-consuming-things-an-average-joe-spends-in-a-lifetime/ 2. Excludes Mechatronics and Reception Systems
Investing in tomorrow’s technologies for seamless connectivity
In a lifetime, the average
person spends over
37,000 hours
in a car1
Delphi’s Connected revenue2
1 in 5 of Delphi’s engineers are
software focused 20182013
Today’s typical
vehicle has over
50 computers
and 1 mile of Wiring Cable
~$½ billion of software revenue
today growing 3x over
the next 7-8 years
1 in 4 vehicles built today
contain Delphi
Wiring or Connectors
11
$0
$2
$4
$6
$8
$10
$12
$14
$16
2012 2013 2014 2015 2016 2017 2018 2019 2020
Connected Infotainment
Connectivity market grows to $14B at ~25% CAGR
Connectivity and computing drives Infotainment growth
Next Gen Connected
Computing Platform
In-vehicle
Wireless Network
Reconfigurable
Cluster & Displays
1st Gen Connected
Navigation
Global Connectivity and Infotainment market ($ billions)
12
Convergence provides opportunities
Increasing power, data, and computing architectures
2015 2020 2025 2010
Full cloud connectivity
Safety eco-system
Smartphone integration
Assisted automation
Conditional automation
Fully autonomous
Internet of things
Increasing personalization
Increasing vehicle electrification
13
Why Green matters…
Investing in tomorrow’s technologies to double fuel economy
50% more vehicles on
the planet in 10 years
Delphi’s Green revenue
20182013
Delphi’s products are 25x better at reducing
emissions than technologies
of the 1990s
A GDi Fuel System can
complete an injection
300x faster than the
blink of an eye
Delphi Brushless Fuel
Pumps can save
660 pounds
of CO2
from being emitted over the
vehicle’s lifetime
Exhaust from today’s
gas engines is cleaner than the ambient air in
some parts of the world
14
Passenger car market rotates to Gas Direct injection
-
20
40
60
80
100
120
2010 2013 2016 2019 2022 2025
GDi market grows to $5B at ~17% CAGR
Worldwide passenger car vehicles (millions)
Diesel
PFI gasoline
GDi gasoline
Alternative fuels Fuel cell & electric
GDi
hybrid
PFI
hybrid
Diesel
hybrid
Source: IHS Jan 2014 and McKinsey estimates 15
12%
54%
Industrial peer range Industrial peer average Delphi
28%
(3%) (1%)
4%
6%
Industrial peer range Industrial peer average Delphi
10%
Financial metrics comparison
2010- 2013 EPS CAGR2 Revenue Growth1
2014 P/E Ratio 2013 ROIC3
Industry-leading financial metrics
10%
16%
34%
Industrial peer range Industrial peer average Delphi
25%
15.1x
18.5x
13.4x
Industrial peer range Industrial peer average Delphi
21.6x
Note: Range and averages are for a peer group consisting of: 3M Company, Danaher Corp., Emerson Electric Co., Honeywell International Inc., Ingersoll-Rand PLC, ITT Corporation, Rexnord Corporation, SPX Corporation, W.W. Grainger, Inc., WESCO International Inc. (Excludes outliers; Data represents Capital IQ estimates)
1. Last twelve months total revenues, one year growth rate 2. Adjusted for restructuring, integration, asset impairment and debt extinguishment costs 3. Adjusted for restructuring, integration and asset impairment costs
16
Why invest in Delphi
• Well positioned in a transformed and growing industry
• Significant global scale
• Industry-leading cost structure
• Significant margin expansion and cash flow generation
• Balanced and disciplined capital allocation
Industry-leading shareholder returns
17
Net income attributable to Delphi $298 $320 $382 $305 $1,305
Income tax expense $74 $75 $62 $63 $274
Interest expense $37 $35 $33 $33 $138
Other (income) expense, net ($7) $16 ($3) ($5) $1
Noncontrolling interest $23 $21 $24 $20 $88
Equity income, net of tax ($8) ($8) ($10) ($2) ($28)
Operating income $417 $459 $488 $414 $1,778
Restructuring $50 $22 $55 $47 $174
Other acquisition-related costs $5 $2 $1 $3 $11
Asset Impairments - - $3 $4 $7
Adjusted operating income $472 $483 $547 $468 $1,970
Non-US GAAP financial metrics ($ millions)
Q2 2014 Q3 2014 Q4 2013 Q1 2014 Q3 2014
LTM
19