"Innovation is a key factor for automakers in attracting final consumers and gaining advantage over the competition," said Maniscalco. "These agreements will allow Hyundai and Delphi to conduct extensive and proprietary research on innovative projects in several product areas, including modular cockpits, advanced airbag systems, and specialty power products."

The agreements establish a framework that will allow better anticipation of and reaction to market demand in product portfolio development and vehicle design concepts. "The modular cockpit agreement is an opportunity for Delphi to demonstrate its instrument panel structure and cockpit technologies and to work cooperatively with Hyundai in developing concepts for future vehicle applications," said Timothy Hamashuk, product line director, interior systems, Delphi Automotive Systems.

"Through the cockpit development contract, Delphi will also increase its knowledge of integrated systems within a global vehicle application. What we learn will help Delphi to become a more flexible supplier." Under the agreements, Hyundai will be able to leverage Delphi's advanced development and test capabilities in interior systems, occupant protection systems and power products to create unique concepts for Hyundai customers.

(March 27, 2000)