APTV · 10-Q · 2026Q3 · Full report

China Market Commentary

Aptiv PLC · 2026-11-03 · Importance 24 · Surprise 40

Aptiv reports a strong local presence and major manufacturing base in China, with operations and sales there in each continuing business segment. Chinese automotive production grew 10% in 2025, following 4% growth in 2024, although market volatility and slower economic growth have moderated the outlook. Expanding domestic Chinese OEM market share has contributed to revenue and share declines for non-Chinese OEMs, prompting some traditional OEMs to reduce or restructure China operations. Aptiv sees long-term Chinese demand for new vehicles and regulation-driven vehicle content, including electrified vehicles, as potential growth drivers.