Delphi Automotive PLC
) stock increased 0.6% to $58.03 on Nov 27 after the company said
it will provide car-to-cloud/cloud-to-car connectivity system -
Delphi Connect - for the U.S. Cellular customers. This new
technology will offer quick, cloud-connected information of the
vehicle to the U.S. customers through the cellular network.
Customers can control, supervise and track their vehicles
remotely with any smart device or computer using this technology.
The system can be easily installed by plugging into the OBD II
port of the vehicle that is placed under the steering column.
It can be operated by downloading Delphi smartphone apps,
which are available for Android 2.3 and
) iOS 5.0 and more advanced devices. It can also be operated
using the Delphi Web portal, which is attuned with Internet
) Chrome, Apple Safari and Firefox browsers.
The features available under the Delphi Connect technology
include the virtual key fob, which locks or unlocks vehicle
doors, opens the trunk, starts or stops the engine and operates
the panic horn remotely. The Geo-fencing feature receives alerts
when the vehicle enters and exits designated fenced area. The
Alerts systems warns on geo-fence crossings, speeding, and high
engine RPM, low battery and vehicle motion when it is parked.
The Live tracking system helps keeping a track of the
vehicle's speed and direction. The Trip logging keeps a record of
all travel details of the car. The Vehicle health feature
examines the engine condition, vehicle performance and overall
condition of the vehicle.
Delphi Automotive, is one of the largest vehicle components
manufacturer companies, and provides electrical and electronic
services, powertrain systems, and safety and thermal technology
solutions to the global automotive and commercial vehicle
markets. Currently, it carries a Zacks Rank #3 (Hold).
Delphi Automotive saw a 15.5% rise in adjusted earnings to 97
cents per share in the third quarter of fiscal 2013 from 84 cents
in the prior-year quarter. Earnings also exceeded the Zacks
Consensus Estimate of 94 cents a share.
Revenues rose 9.7% to $4.02 billion, almost in line with the
Zacks Consensus Estimate. Better performance in Asia and in North
America contributed to the improvement, partially offset by weak
performance in Europe and South America.
) with a Zacks Rank #1 (Strong Buy) is performing well in the
industry where Delphi Automotive operates.
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