Exhibit 99

[DELPHI AUTOMOTIVE SYSTEMS LOGO]

Delphi Automotive Systems Earnings Increase 13 Percent
To $322 Million in First Quarter 2000

Sales to Customers Other than GM Soar a Record 30 Percent 
Highlighting Success of Customer Diversification Efforts

Mobile Multimedia Sales Grow 357 Percent

TROY, Mich.  Delphi Automotive Systems (NYSE: DPH) today reported first
quarter revenue of $7.8 billion and earnings of $322 million, excluding a
one-time acquisition-related charge. * These results represent a 13 percent
improvement in earnings over first quarter 1999, when net income was $284
million.

On a pro forma basis, earnings per share for the period were $0.57,
compared to $0.50 per share in the first quarter last year. First quarter net
income margin climbed from 3.8 percent in the first quarter 1999 to 4.1 percent
in the first quarter 2000. Margin improvement was driven largely by continued
implementation of lean manufacturing initiatives through the Delphi
Manufacturing System, coupled with strong economic conditions in North America
and Europe. Strengths in these areas more than offset pressure on margins
resulting from exchange rate fluctuations and growth-related spending in
Delphis high-growth business lines.

Delphis sales to customers other than GM increased significantly, rising
a record 30 percent, to $2.2 billion during the quarter. This sales trend
demonstrates that customers value our electronics and systems integration
capabilities and our ability to quickly bring advanced technology products to
market, said Delphi Chairman, Chief Executive Officer and President J.T.
Battenberg III.

Operating cash flow in the first quarter was $495 million, building upon
Delphis strong 1999 performance in this key financial measure. Continued
strong cash flow fuels the transformation of our product portfolio into
electronically enhanced systems. These products take advantage of Delphis
electronic integration expertise and deliver an unequaled level of technology
solutions for our customers, said Battenberg.





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High-Growth Initiatives

Delphi recently formed a new aggressive growth business line structure to
accelerate sales in high-growth markets. This structure enables Delphi to move
quickly and nimbly to secure its leading position in a rapidly growing market
segment.

The first Delphi business line placed in the new structure was mobile
multimedia (MMM). Delphis MMM business line has a book of business
approaching $2.9 billion, $400 million of which was won in the first quarter.
1999 sales in mobile multimedia totaled $40 million, with projections for 2000
sales in the $200 million range. For the first quarter of 2000, mobile
multimedia sales were $32 million, a 357 percent increase over the same quarter
last year.

Industry experts expect 50 percent of the 50 million vehicles produced
each year to have in-vehicle telematics and multimedia systems by 2005.

On Monday, Delphi announced a strategic partnership with Ericsson Mobile
Communications AB to bring plug-and-play telematics products to the vehicle
market. Plug and play technology provides a communications solution that will
help meet the strong demand for connectivity, mobile Internet, advanced
communications, information, and entertainment features for vehicles.

Because of our electronics and vehicle integration capabilities, we were
an early entrant to this tremendously exciting market segment, said David B.
Wohleen, president, Delphi Electronics and Mobile Communication Sector. We
were able to quickly recognize and enter the high-growth telematics segment,
where we are currently the market leader. We have identified several areas
where partnering and collaboration are key to future success, and agreements
like the one with Ericsson position Delphi to further leverage our first-mover
advantage in the mobile multimedia category, said Wohleen.

Acquisitions also play a role in seizing opportunities in high-growth
markets. During the quarter, Delphi acquired the rapidly growing
next-generation common rail fuel injector technology from Lucas Diesel Systems.
The $871 million transaction strengthens Delphis product portfolio, will be
accretive to earnings in the first year, and provides geographic and customer
diversification.





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New Business

We are extremely excited about the level of new business bookings,
especially for our next generation products, said Battenberg. The fact that
our customers are booking business with Delphi for these high-tech solutions
validates our move toward electronically enhanced products that deliver a level
of solutions unmatched in the industry today.

Notable new business contracts announced during the period included a
contract to supply Delphis innovative QUADRASTEER four-wheel
steering system to General Motors. The technology will debut on a full-sized
GM truck in the 2002 model year, the first mass-market application of this
technology in the truck market.

QUADRASTEER by Delphi is an electronic four-wheel steering system that
enables significantly improved handling and maneuverability in full-size
vehicles. QUADRASTEER takes advantage of Delphis unique combination of
advanced electronics technology and mechanical capability. The unique
four-wheel steering system electronically controls the direction of the rear
wheels, helping shorten the turning radius on full-size trucks. The smaller
radius allows full-size vehicles to maneuver as adeptly as compact cars.

European Aftermarket

To strengthen Delphis aftermarket presence in Europe, the company
acquired the AP Distribution Services (APDS) business of AP Group Limited for
approximately $63 million. The company, Delphi Lockheed Automotive, is being
integrated into Delphis European Aftermarket Operations, and is expected to
play a key role in helping drive Delphis European aftermarket business from
its 1999 base of $200 million to a forecast $500 million in 2000.

About Delphi

Multi-national Delphi Automotive Systems, with headquarters in Troy,
Mich., USA, Paris, Tokyo and São Paulo, Brazil, is a world leader in
transportation and mobile electronics components and systems technology.
Delphis three business sectors  Dynamics & Propulsion; Safety, Thermal &
Electrical Architecture; and Electronics & Mobile Communication  provide
comprehensive product solutions to complex customer needs. Delphi has
approximately 213,000 employees and operates 176 wholly owned manufacturing
sites, 41 joint ventures, 53 customer centers and sales offices and 30





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technical centers in 38 countries. Delphi can be found on the Internet at
www.delphiauto.com.



|*   In conjunction with the acquisition of Lucas Diesel Systems, Delphi took a
one-time charge of $32 million after-tax, reflecting the value of research and
development efforts that were in process at the time of the acquisition. This
charge is in accordance with Generally Accepted Accounting Principles.
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Forward-Looking Statements

The Private Securities Litigation Reform Act
of 1995 (the "Act") provides a safe harbor for forward-looking statements made
by us or on our behalf. All statements which address operating performance, events,
or developments that we expect or anticipate may occur in the future, including
statements relating to volume growth, awarded sales contracts, and earnings per share
growth or statements expressing general optimism about future operating results, are
forward looking statements. These statements are made on the basis of management's
views and assumptions; as a result, there can be no assurance that management's
expectations will necessarily come to pass. A list of factors which could impact future
events and performance is included in the Delphi Automotive Systems Corporation 1999
Annual Report on Form 10-K filed with the Securities and Exchange Commission.





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HIGHLIGHTS  Three months ended March 31, 2000 vs. three months ended March 31,
1999 comparison

|                                                                                                                                        |                                              |                 |      |                                         |       |      |      |       |       | 
|--------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------- | --------------- | ---- | --------------------------------------- | ----- | ---- | ---- | ----- | ----- | 
|                                                                                                                                        |                                              |                 |      | Three Months Ended                     
|                                                                                                                                        |                                              |                 |      | March 31,                              
|                                                                                                                                        |                                              |                 |      |                                        
|                                                                                                                                        |                                              |                 |      | 2000                                    |       | 1999
|                                                                                                                                        |                                              |                 |      |                                         |       |     
|                                                                                                                                        |                                              |                 |      | (in millions, except per share amounts)
|Net sales:                                                                                                                             
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                        | General Motors and affiliates                |                 | $    | 5,570                                   |       |      | $    | 5,853 |      
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                        | Other customers                              |                 |      | 2,234                                   |       |      |      | 1,616 |      
|                                                                                                                                        |                                              |                 |      |                                         |       |      |      |       |      
|                                                                                                                                        |                                              | Total net sales |      |                                         | 7,804 |      |      |       | 7,469 | 
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|Less operating expenses:                                                                                                               
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                        | Cost of sales, excluding items listed below: |                 |      | 6,596                                   |       |      |      | 6,391 |      
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                        | Selling, general and administrative          |                 |      | 459                                     |       |      |      | 384   |      
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                        | Depreciation and amortization                |                 |      | 232                                     |       |      |      | 237   |      
|                                                                                                                                        |                                              |                 |      |                                         |       |      |      |       |      
|Operating income                                                                                                                        |                                              |                 | 517  | (1)                                     |       |      | 457  |      
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|Less interest expense                                                                                                                   |                                              |                 | 40   |                                         |       |      | 24   |      
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|Other income, net                                                                                                                       |                                              |                 | 34   |                                         |       |      | 25   |      
|                                                                                                                                        |                                              |                 |      |                                         |       |      |      |       |      
|Income before income taxes                                                                                                              |                                              |                 | 511  |                                         |       |      | 458  |      
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|Income tax expense                                                                                                                      |                                              |                 | 189  | (1)                                     |       |      | 174  |      
|                                                                                                                                        |                                              |                 |      |                                         |       |      |      |       |      
|Net income                                                                                                                              |                                              | $               | 322  | (1)                                     |       | $    | 284  |      
|                                                                                                                                        |                                              |                 |      |                                         |       |      |      |       |      
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|Gross margin                                                                                                                            |                                              |                 | 15.5 | %                                       |       |      | 14.4 | %    
|                                                                                                                                        |                                              |                 |      |                                         |       |      |      |       |      
|Operating income margin                                                                                                                 |                                              |                 | 6.6  | %(1)                                    |       |      | 6.1  | %    
|                                                                                                                                        |                                              |                 |      |                                         |       |      |      |       |      
|Net income margin                                                                                                                       |                                              |                 | 4.1  | %(1)                                    |       |      | 3.8  | %    
|                                                                                                                                        |                                              |                 |      |                                         |       |      |      |       |      
|Basic and diluted earnings per share, 563 million
and 566 million shares outstanding in 2000 and 521
million shares outstanding in 1999 |                                              | $               | 0.57 |                                         |       | $    | 0.55 |      
|                                                                                                                                        |                                              |                 |      |                                         |       |      |      |       |      
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|                                                                                                                                       
|Basic and diluted earnings per share- pro forma (2)                                                                                     |                                              |                 | N/A  |                                         |       | $    | 0.50 |      
|                                                                                                                                        |                                              |                 |      |                                         |       |      |      |       |      



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|(1) |  | Excludes the impact of a one-time, non-cash charge of
$51 million ($32 million after-tax) resulting from
acquisition-related in-process research and development. Including the $51
million charge, net income was $290 million and earnings
per share was $0.51.
|--- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   
|   
|   
|   
|(2) |  | Pro forma earnings per share are presented as if the
initial public stock offering of
100 million shares took place on January 1, 1999,
resulting in 565 million shares
outstanding during the first quarter of 1999.                                            





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HIGHLIGHTS  Liquidity and capital resources

BALANCE SHEET DATA:

|                                 |               |   |           |        |              |   |               |      |   |   |       |      |  
|-------------------------------- | ------------- | - | --------- | ------ | ------------ | - | ------------- | ---- | - | - | ----- | ---- | -
|                                 |               |   | March 31, |        | December 31, |   | March 31,    
|                                 |               |   | 2000      |        | 1999         |   | 1999         
|                                 |               |   |           |        |              |   |              
|                                 |               |   |           |        |              |   | (in millions)
|Cash and marketable securities   |               | $ | 927       |        |              | $ | 1,556         |      |   | $ | 1,134 |     
|                                
|                                
|                                
|                                
|Debt                             |               | $ | 2,927     |        |              | $ | 1,757         |      |   | $ | 1,886 |     
|                                 |               |   |           |        |              |   |               |      |   |   |       |     
|                                 | Net liquidity |   | $         | (2,000 | )            |   | $             | (201 | ) |   | $     | (752 | )
|                                 |               |   |           |        |              |   |               |      |   |   |       |     
|Total stockholders equity       |               | $ | 3,434     |        |              | $ | 3,200         |      |   | $ | 3,351 |     
|                                
|                                
|                                
|                                
|RECONCILIATION OF NET
LIQUIDITY:

|                                   |                                               |                                                                                                  |  |  |      |   |        |     |      |  
|---------------------------------- | --------------------------------------------- | ------------------------------------------------------------------------------------------------ |  |  | ---- | - | ------ | --- | ---- | -
|Net liquidity at December 31, 1999 |                                               |                                                                                                  |  |  |      | $ | (201   | )  
|                                  
|                                  
|                                  
|                                  
|                                   |                                               | Net income                                                                                       |  |  | 322  |  
|                                  
|                                  
|                                  
|                                  
|                                   |                                               | Depreciation and amortization                                                                    |  |  | 232  |  
|                                  
|                                  
|                                  
|                                  
|                                   |                                               | Capital expenditures                                                                             |  |  | (275 | )
|                                  
|                                  
|                                  
|                                  
|                                   |                                               | Other, net                                                                                       |  |  | 216  |  
|                                  
|                                  
|                                  
|                                  
|                                   | Operating cash flow less capital expenditures |                                                                                                  |  |  |      |   |        | 495 |     
|                                  
|                                  
|                                  
|                                  
|                                   |                                               | Cash paid for acquisitions, net of cash
acquired                                                 |  |  |      |   |        |     | (897 | )
|                                  
|                                  
|                                  
|                                  
|                                   |                                               | Pension Contribution                                                                             |  |  |      |   |        |     | (575 | )
|                                  
|                                  
|                                  
|                                  
|                                   |                                               | Amounts paid to GM for estimated pension
and other postretirement benefit allocation
adjustments |  |  |      |   |        |     | (715 | )
|                                  
|                                  
|                                  
|                                  
|                                   |                                               | Dividends and other non-operating                                                                |  |  |      |   |        |     | (107 | )
|                                   |                                               |                                                                                                  |  |  |      |   |        |    
|Net liquidity at March 31, 2000    |                                               |                                                                                                  |  |  |      | $ | (2,000 | )  
|                                   |                                               |                                                                                                  |  |  |      |   |        |    





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HIGHLIGHTS  Sector financial results

|                                          |       |   |       |       |       |                              |               |       |           |   |      |     |      |   |     |     | 
|----------------------------------------- | ----- | - | ----- | ----- | ----- | ---------------------------- | ------------- | ----- | --------- | - | ---- | --- | ---- | - | --- | --- | 
|Sector                                    |       |   |       |       |       | Three Months Ended March 31,
|                                          |       |   |       |       |       |                             
|                                          |       |   |       |       |       |                              |               |       |           |   | 2000 |     | 1999
|                                          |       |   | 2000  |       | 1999  |                              | Operating     |       | Operating
|                                          |       |   | Sales |       | Sales |                              | Income        |       | Income   
|                                          |       |   |       |       |       |                              |               |       |          
|                                          |       |   |       |       |       |                              | (in millions)
|Electronics & Mobile
Communication        |       | $ | 1,392 |       |       | $                            | 1,353         |       |           | $ | 141  |     |      | $ | 158 |    
|                                         
|                                         
|                                         
|                                         
|Safety, Thermal &
Electrical Architecture |       |   | 2,709 |       |       |                              | 2,713         |       |           |   | 207  |     |      |   | 216 |    
|                                         
|                                         
|                                         
|                                         
|Dynamics & Propulsion                     |       |   | 3,852 |       |       |                              | 3,534         |       |           |   | 188  | (1) |      |   | 124 |    
|                                         
|                                         
|                                         
|                                         
|Other                                     |       |   | (149  | )     |       |                              | (131          | )     |           |   | (19  | )   |      |   | (41 | )  
|                                          |       |   |       |       |       |                              |               |       |           |   |      |     |      |   |     |    
|                                          | Total |   | $     | 7,804 |       |                              | $             | 7,469 |           |   | $    | 517 | (1)  |   | $   | 457 | 
|                                          |       |   |       |       |       |                              |               |       |           |   |      |     |      |   |     |    



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|(1) |  | Excludes the one-time, non-cash charge of $51 million
resulting from acquisition-related in-process research and development.
|--- |  | -----------------------------------------------------------------------------------------------------------------------------