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Adient Plc

Company Profile Analysis

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Adient Plc - Automotive showcase

Year Founded & Workforce

1915

84,000 Employees

Industry

AutomotiveB2BB2C

Services

Comfort head restraint
A

Adient Plc Employee Contacts

16 verified contactsNames, job titles, seniority and locations

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Adient Plc Overview

Company Headquarters: Sweden

Founded: 1915

Workforce: ~84,000

Company Working:

Adient Plc designs, manufacturers, and sells various types of seating systems and components across the globe. Its manufactures its products for passenger cars, light commercial vehicles including vans, pick-up trucks, and sport/crossover utility vehicles. Its seat products include complete seating systems, frames, mechanisms, foam, head restraints, armrests, trim covers and fabrics.

The company has 214 manufacturing facilities in 32 countries. Ford Motor Company, General Motors, Toyota Motor Corporation, Nissan, Honda Motor Company, Daimler AG, AB Volvo, and BMWAG are some of the clients of the company in active seat headrest market.

Strategy

Adient plc is expected to consider market penetration as key strategy with all the distributors. It has a wide presence all over the globe. Furthermore, it focuses on increasing the sales and the customer base. Adient plc has been increasing investments in improving the technologies to ensure seats with high durability and safety to further reduce passenger injuries. Furthermore, it strategizes to have a wide variety of products and expand its presence with market development. For instance, Adient PLC is expanding its presence in Asia-Pacific and developed seating products for commercial vehicle manufacturers MAN SE, Scania AB, Renault Trucks.

Company Snapshot

$16,790M

Revenue

84,000

Employees

1915

Founded

Sweden

Headquarters

SWOT Analysis

Strengths

  • Steady growth in sales and profitability
  • Strong research and development capabilities

Weaknesses

  • Decline in revenue in recent year
  • Less revenue generation from Asia-Pacific

Opportunities

  • Shift towards seat headrest with durability and lightweight
  • Scope for development of seat headrest with infotainment system
  • Scope for strategic alliances in major Asian companies

Threats

  • Foreign currency exchange risks
  • High competition from local and global players

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Key Developments

DateApproachDevelopment
–PartnershipAdient plc partnered with the American Center for Mobility (ACM). The partnership focused on developing safety and mobility standards for autonomous vehicles. It is also focusing on the development of new technologies and seating configurations for future mobility vehicles.
–PartnershipAdient plc partnered with Shenzhen Csema Tech Co., Ltd. for the expansion of its seating business in China. The company has developed its distribution center in China with the aim to significantly enhance brand awareness and presence in the premium and luxury segments.

Product Offering

  • Adient Plc
    • Comfort head restraint

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Revenue rose from USD 16,790 Mn in 2016 to USD 17,400 Mn in 2018.
Adient Plc — By Business Segment
Series (USD Mn)201620172018
Global Revenue16,79016,21317,400

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