Aptiv Overview
Company Headquarters: Dublin, Ireland
Founded: 1994
Workforce: ~ 147,000
Company Working: Aptiv designs and manufactures vehicle components and offers electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets across the globe. It operates through two business segments: signal and power solutions, advanced safety and user experience. It offers critical components, systems, and advanced software development for passenger safety, security, comfort, and vehicle operation which includes body controls, infotainment and connectivity systems, passive and active safety electronics, autonomous driving software and technologies, displays and systems integration under advanced safety and user experience segment. The signal and power solutions segment offer complete design, manufacture, and assembly of the vehicle’s electrical architecture which includes engineered component products, connectors, wiring assemblies and harnesses, cable management, electrical centers and hybrid high voltage and safety distribution systems.
In December 2017 Delphi Automotive Plc announced the spin-off of its powertrain systems segment into a new independent company named as Delphi Technologies Plc, after which Delphi Automotive Plc has been renamed as Aptiv.
It has more than 100 manufacturing facilities, 14 major technical centers and operates in 45 countries worldwide.
Strategy
Aptiv relies on strategic investments, acquisitions, and partnerships to position itself to provide end-to-end solutions for advanced mobility. The company invests heavily in its R&D to come up with products offering that aligns perfectly with mega market trends. The company strives to develop and manufacture innovative market-relevant products for a diverse base of customers around the globe and leverage its lean and flexible cost structure to achieve strong and disciplined earnings and returns on the invested capital.
