Adient plc

Adient posts Q2 net income of US$69m

Adient has reported second-quarter net income of US$69m and revenue of US$3.82bn. "The solid results announced today build on the…

Adient appoints Rick Dillon to board

Adient has appointed Rick Dillon to its board, effective 3 May, 2021. "We are pleased to have Rick join Adient's board…

Global electric car sales up 41% in 2020 – IEA

Electric car registrations increased by 41% in 2020, despite the pandemic-related worldwide downturn in car sales in which global car…

Adient to end JV with Yanfeng in China

Adient has announced that as part of its strategic transformation in China, it has entered into definitive agreements with joint…

UK among ‘top three EV-prepared European countries’

The Netherlands, Norway and the UK have all retained their status as the top three most prepared countries for an…

Adient records Q1 net income of US$150m

Adient has posted first-quarter net income of US$150m, while adjusted EBITDA rose US$81m to US$378m. "Adient's unerring focus on our…

Motional to supply Lyft with AVs from 2023

Motional - a JV between Hyundai and Aptiv - says its next generation driverless vehicles will be deployed on the Lyft…

Adient writes Q4 net result in red ink

Seating supplier Adient has released fourth quarter 2020 financial results. Impacted by one-time, non-cash charges, the company booked a Q4…

Adient closes fabrics business sale to Sage

Adient said on Thursday it had closed its previously announced sale of the company's automotive fabrics manufacturing business, including its…

Adient announces closing of previously announced transactions

Adient has closed the transactions contemplated by its previously announced definitive agreement with joint venture partner, Yanfeng Automotive Trim Systems…