A company at the forefront of making our cars, vans and trucks 'drive better, be cleaner and go further' has revealed its first full year of trading figures.

A positive line to take from all the figures is that the firm, which has a major manufacturing base in Gloucestershire, has landed $10 billion worth of new business.

Revenue overall was flat for the year - standing at $4.9 billion.

US-owned Delphi Technologies, which employs an estimated 1,000 staff at its Stonehouse base, has reported its fourth quarter and full year 2018 financial results.

The occasion is significant for the business - a self-proclaimed 'global supplier of advanced powertrain technologies' - as this marks its first full year of trading under its new title after spinning out of Delphi Automotive, now Aptiv.

"2018 was a milestone year for Delphi Technologies. In our first full year as a public company we continued to build on our momentum in key growth technologies, resulting in a record $10 billion of new business awards.

"Our industry leading portfolio of technologies are at the heart of the propulsion revolution that enable vehicles to drive cleaner, better and further. We also made great progress in creating a strong foundation as a stand-alone company from which to drive long-term growth," said Richard F. Dauch, chief executive officer of Delphi Technologies.

"During my first two months as CEO, I have discovered that while 2019 is expected to be another transitional year with slower industry growth, we have an even greater potential to make this good company a great one.

"However, we clearly need to execute better and with more urgency and discipline to ensure we continue to support our customers and deliver value to our shareholders.

"Over the coming months, I expect to have a fuller perspective on the actions we will take to drive our operational and financial performance to ensure we capture the long-term profitable growth ahead of us. I look forward to the future with confidence."