BRAZIL: Delphi Automotive Systems' CEO Meets with President Fernando Henrique Cardoso
J.T.Battenberg III, chairman, CEO and president of Delphi Automotive Systems (NYSE: DPH), is meeting with President Fernando Henrique Cardoso today. Battenberg is in Brazil to inaugurate the company's two new plants in the country. The meeting's agenda includes Delphi's plans and perspectives for South America and the company's commitment to the region. These two new facilities, with investments totalling US$77 million, bring Delphi's total number of manufacturing facilities in Brazil to 12, and enhance Delphi's support to the Original Equipment Manufacturers operating in the Mercosur region.
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