Previous close | 57.62 |
Open | 56.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 56.00 - 56.00 |
52-week range | 35.20 - 62.41 |
Volume | |
Avg. volume | 3,749 |
Market cap | 42.617B |
Beta (5Y monthly) | 0.95 |
PE ratio (TTM) | 3.24 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 4.16 (7.43%) |
Ex-dividend date | 28 Feb 2024 |
1y target est | N/A |
Auto parts supplier Aptiv Plc on Thursday cut its annual sales forecast and said it would reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor. Under the agreement, Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding. The transactions are expected reduce Aptiv's common equity interest from 50% as of March 31, 2024 to about 15%.
Aptiv Plc will reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor, the auto parts supplier said on Thursday. Under the agreement, Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding. The transactions are expected reduce Aptiv's common equity interest from 50% as of March 31, 2024 to about 15%.
Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026, three sources said, as the South Korean auto group shifts strategy to look beyond electric vehicles and boosts its presence in a key market. The group, housing Hyundai Motor and Kia Corp , is evaluating a hybrid sport-utility vehicle of size similar to its top-selling, mid-sized Creta SUV in India, said two of the sources, who have direct knowledge of the plans.