Welcome to our dedicated page for Aptiv Plc news (Ticker: APTV), a resource for investors and traders seeking the latest updates and insights on Aptiv Plc stock.
Aptiv PLC (NYSE: APTV) is frequently in the news as a global industrial and technology company focused on automation, electrification, digitalization and connected mobility. Its press releases highlight developments across advanced driver-assistance systems (ADAS), intelligent edge computing, digital cockpit technologies, robotics collaborations and capital markets activity. This news page aggregates those updates so readers can follow how Aptiv’s technology and corporate strategy evolve over time.
Recent announcements feature Aptiv’s next-generation ADAS platforms, including its Gen 6 ADAS platform selected by a leading commercial vehicle OEM to equip future trucks and buses in India. The company has also unveiled Gen 8 radars and the PULSE sensor, which it describes as enabling high-resolution perception and 360-degree sensing for safer, more capable automated driving and parking functions in challenging real-world environments.
Aptiv’s news flow also covers its role in intelligent edge solutions, showcased at events such as CES. Releases describe how Aptiv’s platforms allow vehicles and other devices to sense, think and act in real time, and how its LINC Software Platform and Wind River technologies support software-defined vehicles and C-V2X connectivity. In addition, Aptiv reports on collaborations with partners like Vecna Robotics and Robust.AI to co-develop autonomous mobile robots and collaborative robots for warehouses and factories.
Investors and analysts will also find updates on Aptiv’s financial results, investor days, board appointments and planned separation of its Electrical Distribution Systems business into a new, independent public company. This combination of technology, partnership, regulatory and financial news provides a detailed view of how Aptiv positions itself across automotive, industrial and intelligent edge markets.
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 payable on March 15, 2022, to shareholders recorded by the end of business on March 1, 2022. The company continues to focus on making mobility safer, greener, and more connected as part of its commitment to sustainable solutions in the automotive technology sector.
Aptiv PLC (NYSE: APTV) announced the pricing of three senior notes totaling $2.5 billion, featuring 2.396% due 2025, 3.250% due 2032, and 4.150% due 2052. The 2025 Notes will be issued at 100% of the principal, while the 2032 and 2052 Notes will be priced at 99.600% and 99.783%, respectively. The net proceeds will fund part of the acquisition of Wind River Systems, Inc. The offering is set to close on February 18, 2022, subject to conditions. If the acquisition is not completed by July 10, 2023, the 2032 and 2052 Notes must be redeemed.
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.