Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  OWENS JEFFREY J
 2. Date of Event Requiring Statement (Month/Day/Year)
06/07/2006		 3. Issuer Name and Ticker or Trading Symbol
DELPHI CORP [DPH]
(Last)
(First)
(Middle)
DELPHI CORPORATION, 5725 DELPHI DRIVE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP & Pres Electronics & Safety
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

TROY, MI 48098-2815		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock (1) 97,354.42
D
 
Common Stock 27,081
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (2) 06/16/2006 05/02/2006 Common Stock 6,127 $ 13.51 D  
Stock Option (2) 06/16/2006 04/30/2007 Common Stock 7,900 $ 12.65 D  
Stock Option (2) 06/16/2006 05/02/2007 Common Stock 7,917 $ 12.65 D  
Stock Option (2) 06/16/2006 01/13/2008 Common Stock 9,228 $ 13.45 D  
Stock Option (2) 06/16/2006 01/11/2008 Common Stock 7,434 $ 13.45 D  
Stock Option (2) 06/16/2006 01/03/2011 Common Stock 30,000 $ 11.88 D  
Stock Option (2) 06/16/2006 01/03/2011 Common Stock 39,556 $ 11.88 D  
Stock Option (2) 06/16/2006 01/01/2011 Common Stock 8,417 $ 11.88 D  
Stock Option (2) 06/16/2006 01/03/2012 Common Stock 66,176 $ 13.6 D  
Stock Option (2) 06/16/2006 01/01/2012 Common Stock 7,353 $ 13.6 D  
Stock Option (2) 06/16/2006 04/25/2013 Common Stock 138,138 $ 8.43 D  
Stock Option (2) 06/16/2006 04/23/2013 Common Stock 11,862 $ 8.43 D  
Stock Appreciation Rights (3) 06/16/2006 02/04/2009 Common Stock 5,359 $ 18.66 D  
Stock Appreciation Rights (3) 06/16/2006 01/08/2010 Common Stock 22,756 $ 17.13 D  
Stock Appreciation Rights (3) 06/16/2006 02/06/2009 Common Stock 12,657 $ 18.66 D  
Stock Appreciation Rights (3) 06/16/2006 01/06/2010 Common Stock 11,194 $ 17.13 D  
Stock Option (4) 06/16/2006 05/08/2014 Common Stock 117,517 $ 10.02 D  
Stock Option (5) 06/16/2006 05/06/2014 Common Stock 9,983 $ 10.02 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
OWENS JEFFREY J
DELPHI CORPORATION
5725 DELPHI DRIVE
TROY, MI 48098-2815		       VP & Pres Electronics & Safety  

Signatures

Jeffrey J. Owens 06/16/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Shares of restricted stock issued pursuant to the Issuer's Long Term Incentive Compensation Plan (the "Plan") which earn dividend equivalents in the form of additional shares as and when dividends are paid on the Issuer's Common Stock and which are subject to vesting over time and forfeiture upon the occurence of certain events. As a result of the Issuer's pending reorganization proceedings under Chapter 11 of the U.S. Bankruptcy Code, the Issuer has determined it will not issue common stock on the scheduled vesting dates. The Issuer has also publicly disclosed its belief that upon confirmation of a plan of reorganization, holders of Delphi shares of common stock may likely receive no distribution on account of such interests and the existing stock, including the restricted stock units, may likely be cancelled.
(2) The Options vested over a period of two to three years from the date of grant in accordance with the Plan. All grants are immediately exercisable.
(3) Stock appreciation rights (SARs) issued which may be settled solely in cash and were issued in exchange for the surrender of previously granted stock options issued pursuant to the Plan. Each SAR has an equivalent strike price, term and conditions to exercise as the surrendered option and are now all presently exercisable. See Note 2.
(4) The Options vested over a period of two to three years from the date of grant in accordance with the Plan. Of the total Options granted 84,997 are immediately exercisable and the remaining 32,520 will become exercisable 5/7/07.
(5) The Options vested over a period of two to three years from the date of grant in accordance with the Plan. Of the total Options granted 3 are immediately exercisable and the remaining 9,980 will become exercisable 5/7/07.

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