Delphi Corporation booked more than $US1.2 billion in new steering column business globally last year, company officials announced on Friday.
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The new business bookings include eight OEM customers in several regions including North America, Europe, Asia and South America, and 26 new customer programmes in total though , as usual, details of individual contracts were not revealed.
Fueled by governmental agency research and mandates, safety continues to be a major focal point for consumers and vehicle manufacturers. A recent NHTSA report shows traditional energy-absorbing steering columns helped saved 53,000 lives from 1960 to 2002, second only to seat belts.
New steering column contracts won by Delphi in 2004 are nearly all for energy-absorbing steering columns with the exception of some tractor business and small base car platforms.
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