Reported about 16 hours ago
Aptiv and BorgWarner have warned of production disruptions due to a supply shortage linked to Dutch chipmaker Nexperia and a fire at a key aluminum supplier, Novelis. Despite these challenges, Aptiv raised its annual profit forecast, responding to strong demand for its electrical and software systems. The company reported a 7.4% increase in net sales for the third quarter, exceeding expectations, while shares saw a slight drop.
Source: YAHOO