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.