Aptiv PLC (NYSE: APTV) was founded in 1994, formerly known as Delphi Automotive PLC, and changed to its current name after the spin-off of Delphi Technologies PLC in December 2017. Headquartered in Dublin, Ireland, full-time employees 129,000 Ren, is an auto parts company, together with its subsidiaries, designs and manufactures vehicle parts, and provides electrical, electronic and safety technology solutions for the automotive and commercial vehicle markets.
Aptiv PLC (APTV):
Anbofu is divided into two departments to operate : Signal and Power Solutions (signal and power solutions) and Advanced Safety and User Experience (Advanced Safety and User Experience).
1. Signal and Power Solutions -Design, manufacture and assemble the electrical architecture of vehicles, including engineering component products, connectors, wiring components and wiring harnesses, cable management, electrical centers, and hybrid high-voltage and safety distribution systems.
2. Advanced Safety and User Experience ——Provide for passenger safety, safety, comfort and vehicle operation, including body control, infotainment and connection systems, passive and active safety electronic equipment, autonomous driving software and technology, display and system integration Key components, systems and software development.
Aptiv PLC (APTV) history:
- 1994: General Motors (GM) formed the Automotive Components Group (ACG);
- 1995: ACG changed its name to Delphi Automotive Systems;
- 1997: General Motors and Hughes Electronics split off the Hughes Defense electronics business, and transferred Delco Electronics from Hughes to Delphi;
- 1999: Delphi Automotive Systems became a fully independent public holding company;
- 2000: Delphi acquired the British company Lucas Engine Systems ( Lucas Industries ) from TRW Automotive ;
- 2001: Delphi laid off 11,500 employees worldwide;
- 2002: Delphi Automotive Systems changed its name to Delphi Corporation to reflect its diversified operations;
- 2005: Delphi disclosed non-compliant financial activities, several executives were fired, Delphi chairman JT Battenberg retired, Delphi filed for bankruptcy protection, and the US Securities Commission approved its delisting from the New York Stock Exchange;
- 2005: Delphi closed 24 factories in the United States;
- 2006: Delphi announced the closure of 21 of the 29 remaining factories in the United States;
- On April 27, 2009, CoolIT Systems announced the acquisition of Delphi Thermal Liquid Cooling assets, including intellectual property, machinery and equipment;
- On October 6, 2009, a group of private investors (see above) acquired Delphi’s core assets, and some non-core assets were sold to General Motors. The company was renamed DPH Holdings Corporation;
- On November 17, 2011, Delphi Automotive IPO landed on NYSE, stock code: DLPH, the IPO price was $22 per share, and was jointly underwritten by Goldman Sachs and JP Morgan ;
- On July 1, 2015, Delphi Automobiles sold its Thermal Business to Mahle-Behr GMBH. After the merger, the latter became the world’s second manufacturer of HVAC components, powertrain cooling under the hood, and compressors;
- On December 11, 2015, Delphi Automotive announced that it is developing improved autonomous driving technology;
- On October 24, 2017, Delphi Automotive reached an agreement with nuTonomy Inc., a developer of autonomous driving software, to acquire the latter at an initial purchase price of US$400 million. The agreement also includes contingent acquisition arrangements (earn-outs) totaling approximately US$50 million;
- In December 2017, Delphi Automotive PLC split off Delphi Technologies PLC and changed its name to Aptiv PLC.