In this paper, the detection of delaminations in carbon-fiber-reinforced-plastic (CFRP) laminate plates induced by low-velocity impacts (LVI) is investigated by means of Auto-Regressive (AR) models obtained from the time histories of the acquired responses of the composite specimens. A couple of piezoelectric patches for actuation and sensing purposes are employed. The proposed structural health monitoring (SHM) routine begins with the selection of the suitable locations of the piezoelectric transducers via the numerical analysis of the curvature mode shapes of the CFRP plates. The normalized data recorded for the undamaged plate configuration are then analyzed to obtain the most suitable AR model using five techniques based on the Akaike Information Criterion (AIC), the Akaike Final Prediction Error (FPE), the Partial Autocorrelation Function (PAF), the Root Mean Squared (RMS) of the AR residuals for different order p, and the Singular Value Decomposition (SVD). Linear Discriminant Analysis (LDA) is then applied on the AR model parameters to enhance the performance of the proposed delamination identification routine. Results show the effectiveness of the developed procedure when a reduced number of sensors is available.