Aptiv Plc Stock Price, News & Analysis

TTTech Auto has raised USD 285 million in funding, with Aptiv investing USD 228 million and Audi contributing USD 57 million. This investment boosts TTTech Auto's valuation over USD 1 billion and reinforces its position in the automotive safety software sector. The funds will accelerate the development of TTTech's MotionWise safety software, support international expansion, and enhance M&A capabilities. TTTech Auto plans to create hundreds of high-tech jobs globally, particularly in Asia.

Aptiv PLC (NYSE: APTV) reported its fourth quarter 2021 results, showing a 2% decline in revenue to $4.1 billion. For the quarter, U.S. GAAP net income was $15 million, or $0.06 per diluted share, significantly down from $283 million, or $1.04 per share, year-over-year. Adjusted earnings per share were $0.56. For the full year 2021, revenues reached $15.6 billion, a 20% increase, but net income decreased to $527 million from $1.77 billion. Looking ahead, Aptiv anticipates 2022 revenue of $17.75-$18.15 billion amid ongoing supply chain challenges.

Aptiv PLC (NYSE: APTV) announces the appointment of Sophia Velastegui as Chief Product Officer, effective January 18, 2022. Velastegui, an AI expert with over 20 years of experience from companies including Microsoft and Google, aims to enhance Aptiv's automotive software systems. Her focus will be on developing a complex software platform to drive growth in the automotive sector. CEO Kevin Clark emphasized Aptiv's strategic positioning to lead in innovation and meet customers' needs for advanced, software-defined vehicles.

Aptiv PLC (NYSE: APTV) will announce its fourth-quarter 2021 financial results and 2022 outlook on February 3, 2022. An investor call will take place the same day at 8:00 a.m. EST, hosted by President and CEO Kevin Clark and CFO Joseph Massaro. The live webcast and presentation materials will be accessible via the Aptiv Investor Relations website. Participants can join by phone, with specific dialing instructions provided. A replay will be available two hours post-call.

Aptiv PLC (NYSE: APTV) announced a definitive agreement to acquire Wind River, a leader in intelligent edge software, from TPG Capital for $4.3 billion in cash. This acquisition aims to enhance Aptiv's capabilities in the rapidly evolving automotive sector, where software-defined vehicles are becoming increasingly important. Wind River generated approximately $400 million in revenue in 2021 and supports over two billion devices globally. The acquisition is expected to close mid-year 2022, subject to regulatory approvals.

Aptiv PLC (NYSE: APTV), a company focused on advancing mobility technology, will have Glen De Vos, Senior VP and CTO, present at the 20th Annual J.P. Morgan Tech/Auto Forum on January 5 at 3:15 p.m. EST. This event underscores Aptiv's commitment to creating safer and more connected automotive solutions. A webcast of the presentation will be accessible via the Aptiv Investor Relations website. For inquiries, contact their Investor Relations team.

Aptiv PLC (NYSE: APTV), a leading technology firm focused on improving mobility, announced that Glen De Vos, Senior VP and CTO, will present at the Morgan Stanley 8th Annual Auto 2.0 Conference on January 5 at 2:15 PM EST. The conference will focus on advancements in automotive technology and mobility solutions. A live webcast of the presentation will be available on Aptiv's Investor Relations website. For more information, investors can contact Aptiv's Investor Relations via email.

Aptiv PLC (NYSE: APTV) announced a quarterly cash dividend of $1.375 per share on its 5.50% Series A Mandatory Convertible Preferred Shares. This dividend will be paid on December 15, 2021, to shareholders of record by the close of business on December 1, 2021. The company continues its commitment to returning value to shareholders while advancing its mission to develop safer, greener, and more connected mobility solutions.

Aptiv PLC (NYSE: APTV), a technology leader in mobility solutions, announced its CFO Joseph Massaro will present at the Barclays Global Automotive and Mobility Tech Conference on November 18, 2021, at 12:10 p.m. EST. The presentation aims to highlight Aptiv's commitment to making mobility safer, greener, and more connected. Investors can access a live webcast on the Aptiv Investor Relations website. For inquiries, contact Aptiv Investor Relations via email.