TRAVERSE CITY, MI – Corp. has 100 engineers in China now, but that number will grow to 500 next year and to 1,500 eventually, Vice Chairman Donald L. Runkle says during an address at the Management Briefing Seminars here.
Runkle recently visited Shanghai, wherehas just broken ground on a new technical center. Despite a slowdown in car and truck sales in China, Runkle tells Ward’s that Delphi continues to have “a good order book” at its 14 components plants there.
Although he declines to quantify China sales volume, Runkle says Delphi’s revenues in the Asia/Pacific region are running at $2 million to $2.5 million annually.
Sales to non-Corp. customers will pass the 50% mark in 2005, Runkle predicts, up from 45% in this year’s second quarter.