APTV · 10-Q · 2026Q2 · Full report
Geographic Market Commentary
Aptiv PLC · 2026-08-04 · Importance 31 · Surprise 32
Second-quarter and year-to-date volume growth was concentrated in North America and Asia Pacific, partially offset by declines in Europe. Aptiv has operations and sales in China across each business segment, supported by a major manufacturing base and established customer relationships. China’s automotive production grew 10% in 2025, but the company remains exposed to slower growth as the market matures and to expanding domestic Chinese OEM share, which has reduced non-Chinese OEM revenue and market share. Aptiv expects long-term Chinese demand to benefit from rising incomes, vehicle demand and regulation-driven increases in vehicle content, including electrification.