Delphi Corporation claims to have secured more than $US1.5 billion in future new business for commercial vehicles (CV) during the first six months of 2003, exceeding the company's target for the entire year.

Delphi has steadily increased its CV business during each of the past three years and, last year, booked $1.1 billion of new CV business, up from $900 million in 2001.

A spokesman said that the majority of this year's new business falls into six product areas: diesel fuel injection; diesel electronic control units; and audio, safety, climate control, and electrical/electronic distribution systems.

"Europe and North America have always been strong CV markets for Delphi, but this year Asia-Pacific is leading all regions in new business booking performance," the spokesman added.