October 10, 2017 10:00 AM, EDT

Delphi Asks Shareholders to Approve Name Change

Delphi Automotive asked shareholders to approve changing the name of the company to Aptiv.

A shareholders meeting is scheduled for Nov. 7 in Troy, Mich.

“The vehicle has evolved and so have we,” Delphi CEO Kevin Clark wrote in a letter to shareholders.

“We believe that changing our name to Aptiv will better recognize our position as a global technology leader, enabling advancements in vehicle connectivity, active safety, infotainment, user experience, vehicle electrification, autonomous driving and data services,” Clark said.