Aptiv PLC - statistics & facts
Established in 1994, Aptiv PLC is a multinational automotive parts provider based in Dublin, Ireland. Aptiv PLC experienced several important corporate events that include four times full or partial renaming of the company, change of corporate leaders, filing for bankruptcy, disputes with local governments, and many other hurdles. One of the most interesting is the mere fact that Aptiv PLC is the fourth renaming trial of the original company. At first, the company was named as Automotive Components Group, which got changed in 1995 to Delphi Automotive Systems. In 2008, the company filed for bankruptcy and sought many ways to come out of the financial insolvency and illiquidity. Some months later, Delphi’s main assets for operations were purchased by investors who then created a new Delphi Corporation. The old Delphi was given a new name as DPH Holdings Corporation with the remaining assets. The final renaming of the Delphi Corporation took place in 2017, during which the company name Aptiv PLC was formulated.
Aptiv PLC's operations are divided into two business segments. The Signal and power solutions segment provides vehicle electrical systems, connection systems, electrical centers and many additional automobile electronic architecture. The Advanced safety and user experience business segment offers mostly automobile software and sensing systems that include many differentiated electronics and safety products for vehicles. In 2023, the Signal and power solutions segment was the most profitable segment for the company, generating over 14.4 billion U.S. dollars in revenue.
Business performance of Aptiv PLC
Although Aptiv PLC went through challenging business events, its revenue increased from 2017 to 2023, reaching around 20.1 billion U.S. dollars in 2023. That year, Aptiv PLC experienced a surge in profit, reporting nearly three billion U.S. dollars in net income.Aptiv PLC's operations are divided into two business segments. The Signal and power solutions segment provides vehicle electrical systems, connection systems, electrical centers and many additional automobile electronic architecture. The Advanced safety and user experience business segment offers mostly automobile software and sensing systems that include many differentiated electronics and safety products for vehicles. In 2023, the Signal and power solutions segment was the most profitable segment for the company, generating over 14.4 billion U.S. dollars in revenue.
