Adient plc


All the very latest information about Adient plc in one place. The latest Corning business news, analysis, comment and interviews, all from our automotive industry experts at just-auto.

Latest news


Adient writes Q4 net result in red ink

1 December 2020

Seating supplier Adient has released fourth quarter 2020 financial results.


Adient closes fabrics business sale to Sage

1 October 2020

Adient said on Thursday it had closed its previously announced sale of the company's automotive fabrics manufacturing business, including its lamination business, to Sage Automotive Interiors, an Asahi Kasei company, on 30 September, 2020. 


Adient announces closing of previously announced transactions

21 August 2020

Adient has closed the transactions contemplated by its previously announced definitive agreement with joint venture partner, Yanfeng Automotive Trim Systems to make certain changes to their existing joint venture relationships entered into on 31 January and amended on 24 June this year.


UPDATED - Daily automotive coronavirus briefing FREE TO READ

19 August 2020

A daily update of news and views on the COVID-19 coronavirus crisis and its impact on the automotive sector


Adient books Q3 net loss, sees Q4 recovery

6 August 2020

Seating supplier Adient has announced a Q3 net loss of $325m and a loss of $3.46 per share.


Adient modifies Yanfeng JV deal

24 June 2020

Seating supplier Adient is amending its previously announced agreement with Yanfeng Automotive Trim Systems (Yanfeng) to change existing joint venture relationships.


Adient creates 1,500 new jobs with US$20m Serbia plant

9 June 2020

Adient has opened its US$20m manufacturing Loznica facility in Serbia, which will employ 1,500 staff.


Adient posts Q2 loss of US$19m

5 May 2020

Adient has recorded a second-quarter net income loss of US$19m with revenue of US$3.5bn.


Adient raising $500m with notes offering

20 April 2020

Seating supplier Adient said it was raising US$500m with an issue if senior secured notes due 2025 in a private offering.


Adient prelim Q2 revenue down 16% to US$3.5bn

20 April 2020

Adient has posted preliminary second-quarter revenue down 16% to US$3.5bn.


just-auto Plus only Adient suspends FY2020 outlook due to COVID-19 uncertainty

23 March 2020


Adient suspends FY2020 outlook

20 March 2020

Adient is suspending its FY2020 outlook due to global economic uncertainty caused by the COVID-19 pandemic.


FCA to halt production at European manufacturing plants

16 March 2020

Fiat Chrysler (FCA) has announced today that it will temporarily suspend production across the majority of its European manufacturing plants due to the ongoing impact of the COVID-19 emergency.


Sage Automotive Interiors to acquire Adient’s automotive fabric business

6 March 2020

Sage Automotive Interiors has signed an agreement to acquire the automotive fabric business of Adient with the goal of expanding capacity and capability for automotive interior products to the European market.


Adient sells Recaro Seating to investment firm

4 February 2020

Although it was only announced in recent days, seating supplier Adient sold its Recaro business to Raven Acquisitions, a Detroit based, privately owned investment corporation in a transaction effective on 1 January, 2020.


One-off charges hit Adient Q1 bottom line

31 January 2020

Adient, which today said it was selling its 30% stake in Yanfeng Global Automotive Interior Systems (YFAI) to Yanfeng for US$379m yet extending the Yanfeng Adient Seating joint venture agreement to December, 2038, also announced what it termed "solid" first fiscal quarter results despite a non-cash one-off charge impacted net loss of US$167m or $1.78 a share.


Adient to sell 30% YFAI stake to Yangfeng for US$379m

31 January 2020

Adient is to sell its 30% stake in Yanfeng Global Automotive Interior Systems (YFAI) to Yanfeng for US$379m.


Adient says John Barth will not stand for board re-election

28 January 2020

Seating supplier Adient said John Barth would not stand for re-election to the company's board of directors at the company's annual general meeting on 12 March, 2020.


Adient posts Q4 net loss of US$4m

8 November 2019

Adient has recorded a fourth-quarter net loss of US$4m, while revenue fell 5% to US$3.9bn compared to 2018.


Adient adding jobs at Ontario seat foam plant

2 September 2019

Adient plans a new product line for the Ford F-150 that is projected to create between 70 to 100 jobs at the automotive parts manufacturer in Tillsonburg, Ontario.


Adient records Q3 net loss of US$321m

6 August 2019

Adient has posted a third-quarter net loss of US$321m, impacted by various one-time, non-cash charges totalling US334m.


Adient books Q2 net loss but sees improvement ahead

8 May 2019

Adient has booked a Q2 (GAAP) net loss of US$149m and a loss of $1.59 per share for the second quarter of fiscal 2018/19.


Adient Q2 revenue and profit fall

15 April 2019

Seating tier 1 Adient said preliminary financial results for the quarter to 31 March, 2019 showed falls in revenue and profit.


just-auto Plus only Adient appoints new member to its board of directors

25 March 2019


Adient appoints José Gutiérrez to board

25 March 2019

Adient has appointed José Gutiérrez to its board.


Adient books Q1 net loss

7 February 2019

Seating and interiors Tier 1 Adient booked a fiscal Q1 net loss and EPS of US$17m and $(0.18), respectively. Adjusted-EBIT and Adjusted-EBITDA were $105m (down 35%) and $176m (off 34%), respectively.


Adient books fourth quarter loss after one-off charges

12 November 2018

Adient has reported a substantial fourth quarter 2018 net loss and suspended its quarterly cash dividend, citing one-off non cash charges.


Adient preliminary full year results meet guidance

19 October 2018

Tier 1 seating and interiors specialist Adient said it expected full year 2018 revenue of around US$17.4bn, in line with early guidance of approximately $17.5bn.


Valeo looks to evaluate city pollution - CEO

8 October 2018

Valeo says it is working with air quality monitor, Airparif to understand how pollution in cities is evolving and as it looks to provide technology to combat it.


Adient aims to stay ahead by offering market-tailored seats

21 September 2018

Adient says it is strengthening its position as the global leader in automotive seating by offering commercial vehicle manufacturers market-tailored driver and passenger seats.

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Adient plc news

Adient writes Q4 net result in red ink

1 December 2020

Seating supplier Adient has released fourth quarter 2020 financial results. Impacted by one-ti...


Adient closes fabrics business sale to Sage

1 October 2020

Adient said on Thursday it had closed its previously announced sale of the company's automoti...


Adient announces closing of announced transitions

21 August 2020

Adient has closed the transactions contemplated by its previously announced definitive agreement...


Daily COVID-19 autos briefing FREE TO READ

19 August 2020

A daily update of news and views on the COVID-19 coronavirus crisis and its impact on the automot...


Adient books Q3 net loss, sees Q4 recovery

6 August 2020

Seating supplier Adient has announced a Q3 net loss of $325m and a loss of $3.46 per share. Ad...


Adient modifies Yanfeng JV deal

24 June 2020

Seating supplier Adient is amending its previously announced agreement with Yanfeng Automotive Tr...



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