Automobiles & Components

General Motors will reinstall Apple's CarPlay and Android Auto in its vehicles after initially planning to remove the software from new cars. The reversal came as part of this week's announcement of a new high-resolution dual-screen infotainment system, in which GM quietly noted that CarPlay and Android Auto projection would now be supported. GM had been slowly phasing the software out, reportedly to capture data and subscription revenue, but customers rebelled, and dealers had warned that buyers would walk away without CarPlay. Pras Subramanian, Yahoo Finance's senior autos reporter, cited a statistic that 79% of new car buyers would only consider a vehicle that offered CarPlay, while 98% of cars have CarPlay. Ford CEO Jim Farley has said that 70% of Ford customers are Apple customers, underscoring why automakers are reluctant to drop the feature.

Bridgestone's first half of the fiscal year ending December 2026 saw revenue rise 9.7% year on year to 2.3216 trillion yen, operating profit rise 70.4% to 280.2 billion yen, and net profit rise 78.5% to 206.2 billion yen. The sharp growth in operating profit was largely a rebound effect from business and plant restructuring costs of 70.2 billion yen booked in the same period a year earlier shrinking to 11 billion yen in the current period, and adjusted operating profit came to 280.8 billion yen, an increase of just under 20% from 234.6 billion yen a year earlier. Operating cash flow in the first half was 341.8 billion yen, of which 109.2 billion yen was used to buy back shares and 73.3 billion yen for dividend payments to owners of the parent, while a further 268.5 billion yen of treasury shares were cancelled. The full-year forecast remains modest, at 4.5 trillion yen in revenue, up 1.6% from the previous year, and 340 billion yen in net profit, up 3.9%.

Tesla said it will operate public Megacharging locations at three electric-truck depots being developed by Forum Mobility in California, adding a combined 30 megawatts of charging capacity using Tesla's Megawatt Charging System alongside CCS connectors. The announcement came as Tesla shares climbed about 1% Friday morning, lifted by a broader move into consumer-discretionary stocks that also boosted automakers. General Motors, Ford and Stellantis all gained on Thursday, while the consumer-discretionary ETF rose faster than the broader S&P 500, suggesting the advance was partly tied to sector-wide buying rather than a single Tesla catalyst. Broader market conditions were supportive as well, with oil prices falling about 2% and the 10-year Treasury yield declining, helping ease pressure on equities. Tesla's gain therefore reflects both the new charging-network development and the wider rebound across consumer and automotive stocks.

Subaru has entered a strategic collaboration with onsemi to evaluate its Embedded Power Platform, a step toward integrating next-generation power architectures into future electric vehicles. Under the partnership, Subaru gains early access to engineering samples and technical expertise as it assesses whether onsemi's power semiconductor integration can deliver scalable, efficient solutions for vehicle electrification. The two companies said the work will explore how a more integrated power system design can improve vehicle performance, efficiency and design flexibility as automakers expand their electrified lineups. The collaboration was announced by onsemi on GlobeNewswire.

Hyundai CEO Jose Munoz warned that Chinese vehicles could flood the U.S. market, as they did in Europe, unless Washington maintains tariffs and other trade safeguards, Reuters reported. Munoz noted that Chinese vehicles are 30%-40% cheaper than rival models in some markets including Italy, Spain and France, even with EU trade barriers such as tariffs and minimum pricing commitments in place. He said the UK, which left the EU in 2020 and has no similar tariffs on Chinese cars, now counts all of its top car sellers as Chinese, and warned similar things could happen in the U.S. at different levels unless certain conditions are met. The U.S. has effectively blocked Chinese electric vehicle imports with tariffs of about 100%, though President Donald Trump recently said he would be open to Chinese automakers manufacturing in the U.S. as long as they employ Americans. Munoz's remarks echoed Ford CEO Jim Farley, who told staff in July that the company was bracing for Chinese automakers to enter the U.S. within the next 5-10 years.

Tesla CEO Elon Musk signalled closer operational ties with SpaceX, including potential corporate integration, during recent public comments. Musk highlighted a joint Terafab semiconductor manufacturing effort aimed at supplying custom chips for Tesla vehicles and energy products, and teased the upcoming Tesla Roadster reveal as a showcase for new technology that could leverage SpaceX-related engineering. The hinted Tesla SpaceX integration, the Terafab chip effort and the Roadster technology are only one part of Tesla's broader story, alongside its large electric vehicle operation and its energy storage and generation business. The Terafab partnership and talk of deeper SpaceX integration strengthen the part of the Tesla thesis that relies on tight vertical integration for AI hardware and software, pointing in the same direction as the robotaxi and Optimus plans, where the story depends on owning the full stack rather than relying on external chip suppliers like Nvidia. The news also leans into risks analysts already flag around heavy AI capex, execution complexity and regulatory friction, with a merger or deeper tie-up adding governance and integration questions on top of existing concerns about slower product ramps and already high spending, while competitors such as Mercedes-Benz or BYD keep pushing more conventional EV strategies.

Chinese automakers are scouting locations for production bases in Europe after the EU signaled it will introduce local content requirements. Alfredo Altavilla, BYD's adviser for Europe, told Reuters at the opening ceremony of a Denza premium brand dealership in Turin, Italy, that companies are focusing their efforts on inspecting existing auto assembly plants, which can start production faster than building factories from scratch. The European Commission is drafting a "Made in Europe" policy that favors industrial parts and products made within the bloc, and is expected to set minimum local content thresholds for EVs sold in the region, possibly as early as next year. BYD aims to acquire existing plants, take full ownership and then retrofit them; its first European passenger car plant in Hungary is in the early stages of production, and the company is expected to select a second European site within the year. Altavilla said that to grow while meeting EU regulations, BYD will eventually need "three assembly plants and one battery plant" in Europe, adding that Spain and France offer "clearly simpler situations" and are the "most feasible" options. Italy is a "second-best" choice because Stellantis is reluctant to sell plants, he said. Chinese manufacturers have already begun partnerships to share production lines at underutilized European plants: Leapmotor is teaming up with Stellantis in Spain, Dongfeng Motor with Stellantis in France, Geely with Ford Motor in Spain, and Chery has bought a plant in Spain previously owned by Nissan.

Sri Trang Agro-Industry Public Company Limited, or STA, is benefiting from rising natural rubber prices after heavy rain in growing areas tightened supply, pushing rubber prices on both the Tokyo and Singapore futures markets to high levels. An investor relations officer at STA told Than Hoon that if the EUDR regulation is not postponed from taking effect at the end of this year, the company is ready to immediately ramp up EUDR rubber production. The company expects sales of 30,000 to 40,000 tonnes in the third quarter of 2026, with the fourth quarter of 2026 doubling again to return to its historical average of about 60,000 tonnes per quarter, after sales of this type of rubber fell to about 17,000 tonnes in the second quarter of 2026, down from roughly 233,000 tonnes for all of 2025. Analysts at Bualuang Securities Public Company Limited estimate that third-quarter 2026 profit could soften compared with the second quarter of 2026 due to lower sales volume and gross profit from a high base, but they raised their SICOM TSR20 range for the second half of 2026 to 215 to 235 cents per kilogram from 190 to 220 cents per kilogram. Meanwhile, Finansia Syrus Securities Public Company Limited noted that the SICOM rubber price surged past 240 cents per kilogram, hitting its highest level in nearly 10 years, and recommended trading for profit with a target price of 23 baht.

Gentherm and Modine Manufacturing Company announced additional details for the completion of their previously announced combination of Gentherm and Modine's Performance Technologies business, a Reverse Morris Trust transaction in which Modine will spin off the business held by Platinum SpinCo Inc. and then merge SpinCo into a Gentherm subsidiary. Modine's board set the close of business on September 28, 2026, as the record date for the SpinCo distribution, which is expected to occur on October 1, 2026, with the Merger to be completed immediately afterward the same day. Gentherm's board declared a special cash dividend estimated at an aggregate of $58,350,533, or an estimated $1.90 per share, payable October 7, 2026, to Gentherm shareholders of record as of September 28, 2026, conditioned on the closing of the Merger; Modine shareholders receiving Gentherm shares in the Merger will not be entitled to that dividend. Because trading since the merger agreement reduced overlapping ownership, the parties expect the exchange ratio to be increased, leading Gentherm to issue approximately 2,902,466 additional shares in the Merger, and to offset that value the cash distribution paid by SpinCo to Modine before the Merger will be reduced from $210 million to $159 million. Based on the expected exchange ratio and 31,230,226 fully diluted Gentherm shares as of September 16, 2026, Gentherm shareholders immediately prior to closing are expected to own approximately 56.4% of the combined company and former SpinCo holders approximately 43.6%, excluding overlapping ownership. Modine received a favorable Private Letter Ruling from the Internal Revenue Service, and Gentherm shareholders approved the share issuance and an authorized-share increase at a special meeting on September 10, 2026; closing remains subject to conditions including consummation of the SpinCo financing, continued validity of the Private Letter Ruling, Modine's receipt of a solvency opinion and Nasdaq listing approval.

General Motors has started supplying missile-housing components for Lockheed Martin's Patriot PAC-3 MSE interceptors, delivering its first batch in August. Lockheed said GM completed work that typically takes months in three weeks. CEO Mary Barra told analysts this summer she expects $700 million of defense revenue this year at double-digit margins. The opportunity comes as Lockheed Martin faces a significant production ramp, with the Pentagon ordering it to more than triple Patriot output to over 2,000 missiles a year by the end of 2030 while constrained suppliers make scaling difficult. The most advanced Patriot costs over $4 million and takes more than two years to reach the customer, with many key parts largely handmade and sourced from single suppliers such as Boeing, which makes the seeker.

Lucid Group shares climbed about 8% Thursday after the electric-vehicle maker entered a partnership with Bolt targeting autonomous ride services across Europe. Under the agreement, Bolt aims to deploy at least 25,000 self-driving Lucid vehicles across major European cities, with Bolt planning to own and operate the fleet; the companies did not provide a rollout schedule or investment amount. The vehicles are expected to use Lucid's upcoming Midsize platform and Nvidia's Hyperion system, a technology platform designed for autonomous driving, with production planned at Lucid's new Saudi Arabian facility, which is expected to begin operations early next year. The deal comes as Lucid works through continued financial pressure: in the second quarter, revenue was $405.35 million, below the $422.32 million consensus estimate, while the company posted an adjusted loss of $2.78 per share versus expectations for a $2.36 loss. Lucid shares ended Wednesday at $4.04 after falling 1.94% during the session and remain down about 35% over the past month.

Spanish automotive supplier Gestamp anticipates India will become one of its five largest markets worldwide within five to six years, driven by expanded manufacturing, R&D and technology investment. Executive chairman Francisco J Riberas told ETAuto that Gestamp's India revenue, about €240m ($275.4m) last year against global sales of around €11bn, could double over the next five years after rising roughly 80% in the past five, subject to winning new customer contracts. The company is investing Rs5.24bn ($54.6m) in a new plant in Gujarat, initially planned around one hot-stamping line but enlarged to a second phase after customer orders were received; the facility will house two hot-stamping lines plus laser and assembly operations, focusing on structural parts such as door rings for regional vehicle manufacturers. The Gujarat plant adds to Gestamp's existing Indian operations, a chassis parts factory in Pune and a joint venture with Aditya Auto Products in Maharashtra producing hinges, checks and latches. Riberas said Gestamp is also looking at partnerships and acquisitions as supplier consolidation remains a possibility, has secured several EV contracts in India including battery box supply under a powertrain-neutral strategy, and expects pure EVs to account for around 10% of India's vehicle output over the next five years.

Stellantis and Ford are preparing to launch extended-range electric vehicles in the US that run purely on battery power but carry a small gasoline engine used only as an onboard generator, the Wall Street Journal reported on September 7, 2026. Stellantis plans to introduce an extended-range Jeep Grand Wagoneer later this year or early next, followed by the Ram 1500 REV, which the Journal reports can travel roughly 690 miles on a full battery and tank of gas combined. Stellantis previously scrapped an all-electric version of the Ram 1500 in favor of this range-extended design, and plans to offer more than 100 miles of electric range in its new EREVs. Ford plans to bring back the F-150 Lightning as an EREV, while Hyundai is also preparing extended-range models for the US market. Hedge fund holders of Stellantis fell to 26 in the second quarter from 32 in the first, with the combined position value nearly halving to $195 million from $424 million, while Ford's holder count held steady at 50 funds and its position value dipped slightly to $1.02 billion from $1.12 billion.

XPENG held the China launch event for its next-gen AI flagship SUV, the G9L, in Beijing, and said the model will be available in 64 global markets with a global launch event on October 12 at the Paris Motor Show. The G9L comes in both BEV and REEV versions, measures 5,120 mm long with a 3,100 mm wheelbase and a 0.605 wheelbase-to-length ratio, and runs on XPENG's VLA 2.0 model and the same Turing AI chip used in its IRON humanoid robot. The vehicle meets the design standards of four major five-star safety ratings worldwide, having completed 192 crash tests across the Euro NCAP, ANCAP, C-NCAP and CIASI protocols totaling more than 110 individual test items, plus global road testing across 26 countries and regions with cumulative mileage surpassing 6.74 million kilometers. The G9L will begin production in both Guangzhou, China, and Graz, Austria, becoming the fourth XPENG model to roll off the line at Magna's plant in Graz after the G6, G9 and P7+, meaning four localized models within a single year. At the event, Chairman and CEO He Xiaopeng also said the world's first automated production line for advanced general-purpose humanoid robots was officially commissioned, using robots to produce robots, and confirmed XPENG's Paris Motor Show booth is in Hall 6.

Lucid signed a partnership with European ride-hailing platform Bolt to deploy at least 25,000 autonomous vehicles across major European cities, extending the electric-vehicle maker's robotaxi push beyond the US for the first time. Under the deal, Bolt will build a robotaxi network on Lucid's upcoming midsize platform, with the vehicles powered by Nvidia's Hyperion autonomous-vehicle architecture and engineered for SAE Level 4 driving. Lucid shares rose 4% in early trading, though the stock is down over 60% year to date. The agreement is the second major robotaxi partnership Lucid has struck this year, following a July plan with Uber to deploy more than 35,000 Lucid vehicles over six years, a deal that brought $750 million in fresh capital, $550 million from an affiliate of Saudi Arabia's Public Investment Fund and $200 million from an Uber subsidiary. Unlike the Uber tie-up, the Bolt partnership disclosed no dollar investment or firm launch timeline, and the work will be led by Lucid Technologies, a newly created unit consolidating the company's artificial intelligence, advanced driver-assistance, and autonomy efforts. The Bolt deal also advances Bolt's stated goal of putting 100,000 autonomous vehicles on its platform by 2035, with its dedicated Bolt Autonomous Driving Solutions unit owning and operating the fleet.

Faraday Future Intelligent Electric Inc. said it believes it has regained compliance with the Nasdaq Capital Market's Equity Standard as of July 31, 2026, and has maintained compliance through the date of its latest Current Financial Report. The company's Total Stockholders' Equity had fallen to $1.412 million as of June 30, 2026, below the $2.5 million minimum required by Nasdaq Listing Rule 5550(b)(1). During July and August 2026, FF reduced notes payable by approximately $10.0 million based on a preliminary fair valuation of the instrument as of June 30, 2026, lowered its derivative call option liability by approximately $5.8 million, and cut accounts payable and accrued liabilities by approximately $15.3 million, primarily through a $13.5 million reduction in employee-related liabilities and a $2.5 million cleanup of legacy vendor accounts payable. The company said its EAI robot cumulative sales and shipments reached 552 units by August end since deliveries began in February, with positive product gross margin, as it works toward its full-year target of 2,000 units. Nasdaq will continue to monitor the company's ongoing compliance, and final third-quarter 2026 financial results remain subject to auditor review and will be disclosed in the company's Form 10-Q for Q3 2026.

Chinese automakers are scouting existing European car assembly plants ahead of expected EU local content rules, according to BYD's European adviser Alfredo Altavilla, who said he keeps running into rival executives in airport lounges on the same quest. Altavilla told Reuters that Spain and France remain the "most actionable" options for BYD, China's biggest electric vehicle maker, because they offer "decidedly simpler situations," with refurbishment cost the top consideration. Chinese manufacturers have already struck several deals to share production lines at underutilised European plants owned by legacy automakers, including Leapmotor and Dongfeng with Stellantis in Spain and France respectively, Geely with Ford in Spain, and Chery teaming up with a local partner to take over an old Nissan plant in Spain. Unlike its Chinese rivals, BYD wants to buy, fully own and refurbish an existing factory, and is currently in the initial stage of production at its first European passenger car plant in Hungary, with a site for a second European facility expected to be selected by the end of the year. Altavilla said BYD would eventually need three assembly plants and one battery plant in Europe to support its growth ambitions and meet EU rules, adding that Italy has become a "plan B" because Stellantis, the country's sole major automaker, is unwilling to sell any plants.

Disclosure filings released after the September 17 market close produced a full slate of positive and negative developments relevant to investment decisions. On the positive side, Apple International raised its ordinary profit forecast for the current fiscal year by 18% and increased its dividend by 5 yen; Choshimaru reversed its current-year ordinary profit outlook to a 21% increase, projecting a record high for the first time in three terms along with a 1 yen dividend hike; Kasumigaseki Capital raised its prior-year ordinary profit forecast by 7%, adding to its record-high projection; and Hobonichi raised its prior-year ordinary profit forecast by 67%. In M&A, Saint Marc Holdings will take over the udon specialty restaurant business Tsurutontan from K Express for 12.8 billion yen, while B-style Holdings will acquire all shares of HR Asocié for 1.21 billion yen, making it a subsidiary. Ferrotec will launch a tender offer for Japan Resistor Manufacturing at 1,901 yen per share, a 49.1% premium to the September 17 closing price, aiming to make it a wholly owned subsidiary, while Nippon Seiki will buy back up to 3.61 million shares, or 6.27% of its outstanding shares, for a maximum of 9.979 billion yen. On the negative side, Chubu Steel Plate reversed its current-year ordinary profit outlook to a 46% decline; PharmaRise Holdings ended the June-August quarter with a 31% drop in ordinary profit; Industrial & Infrastructure Fund Investment Corporation is expected to post a 2% decline in current-year ordinary profit; Advance Residence Investment Corporation a 6% decline; and Ichigo Hotel REIT Investment Corporation an 18% decline.

Ridge-i and Nippon Seiki announced share buybacks after the close of trading on the 17th. Ridge-i will repurchase up to 160,000 shares, equivalent to 3.6% of its outstanding shares excluding treasury stock, for a maximum of 450 million yen, with the buyback period running from September 24 to November 30. Nippon Seiki will repurchase up to 3.61 million shares, equivalent to 6.27% of its outstanding shares excluding treasury stock, for a maximum of 9.979 billion yen, through the Tokyo Stock Exchange's off-auction own share repurchase trading system ToSTNeT-3 on the morning of September 18.

ECARX announced its automotive technologies have now been deployed in more than 12 million vehicles worldwide, spanning 18 OEMs, 28 brands and 159 markets. The company added more than 914,000 vehicle deployments in the first half of 2026, with its technology supporting vehicle programs for brands including Geely, FAW-Hongqi, Lotus, Polestar, Volvo Cars, Renault and Volkswagen. ECARX is also expanding its software capabilities through its pending acquisition of Flyme Auto, an intelligent cockpit operating system that has been nominated to provide software for a leading international luxury brand in China. From January through August 2026, Flyme Auto recorded more than 1.17 million cumulative vehicle deployments across its customer base, bringing its total cumulative deployments to 3.44 million vehicles. Founder and CEO Ziyu Shen called the 12 million vehicle figure an important milestone and said the company will continue to bring together computing, software and AI as the industry moves toward AI-defined vehicles.

Swedish automaker Volvo Cars said on the 17th that it plans to launch 13 new models by 2030. It will roll out six models for the Chinese market and seven for the European and American markets, expanding its lineup in an effort to revive sales. Through this, it aims to raise its EBIT margin from 3.5% in 2025 to above 8%, a long-standing target. The models for Europe and the United States will use Volvo's SPA2 and SPA3 vehicle platforms, while the models for China will be developed jointly with Geely Automobile, which is part of the same group. Chief Executive Officer Håkan Samuelsson said in a statement that this new model launch strategy is based on four distinctive strengths: regionally tailored product development, a leading position in electrification, synergies with Geely, and comprehensive customer services that go beyond the car itself.

General Motors plans to reintroduce built-in Apple CarPlay and Android Auto to its 2027 Silverado and Sierra pickup trucks, reversing its earlier removal of the smartphone systems. The automaker is pairing the return of phone integration with a redesigned in-vehicle interface focused on safety and driver usability, blending vehicle data with familiar phone apps so drivers can access navigation, media, and diagnostics through a unified display. The change applies to GM's high-volume pickups, which anchor a product ecosystem that also includes trucks, crossovers, cars, and parts sold worldwide for a company with a market cap of about $74.9b. GM aims to keep the trucks competitive while still owning the vehicle data and safety features that sit alongside phone apps, and to use the setup to surface its own paid services such as Super Cruise and OnStar. Investors are expected to watch how quickly the unified software platform rolls from the light-duty Silverado and Sierra into the broader truck range through 2027, along with subscriber growth and management updates on digital revenue and user engagement in future earnings calls.

Mr. Yeap Su Chuan, Executive Chairman of Aapico Hitech Public Company Limited, or AH, said the government's increase in import taxes on electric vehicles is aimed at encouraging operators to set up production bases in Thailand, which will benefit domestic auto parts manufacturers. AH is ready to produce parts for EV cars immediately, because many key components such as body structures, wheels and seats remain similar to those of conventional combustion-engine cars. However, receiving orders from new car models takes at least 12 months before parts delivery can begin. For the outlook in the second half of 2026, the business in Thailand has received new product orders worth a total of about 100 million baht, similar to the business in Portugal, which has begun producing parts under new orders. Meanwhile, the car dealership business in Malaysia remains a key growth driver, supported by strong Proton sales from new EV models. Yuanta Securities (Thailand) Company Limited said the Electric Vehicle Policy Committee approved in principle a restructuring of the excise tax on electric vehicles, divided into three tiers based on the level of investment, production and use of local content in Thailand: the lowest tax rate for domestic manufacturers using a high proportion of Thai parts, a middle rate for importers who enter to test the market and have plans to produce in Thailand, and the highest rate for importers selling without plans to invest in the country. It views this as a positive factor for Thai auto parts makers including AH, SAT and STANLY over the medium to long term, and expects AH's operating results in the second half of 2026 to recover continuously both half-on-half and year-on-year, driven by its cost-control strategy for selling and administrative expenses, and expects orders from new car models to come in the third quarter of 2026. It therefore raised its 2026 full-year profit forecast by 13% to 841 million baht, up 14% year-on-year, and its 2027 forecast by 15% to 908 million baht, up 8% year-on-year. It also upgraded its recommendation to "Buy" and raised its 2027 base valuation from 16.80 baht to 19.20 baht.

Kuang-Chi Technologies' wholly owned subsidiary Kuang-Chi Advanced Technology will deliver supermaterials structural products worth a total of 907 million yuan to three customers. That evening, several listed companies disclosed major contracts and capital operations: Zhejiang Construction Investment Group's subsidiary won a public housing development project bid of about 1.5 billion Hong Kong dollars, Xianghe Industrial signed a 178 million yuan railway fastener system components sales contract, Fulongma signed a 200 million yuan sanitation autonomous driving technology development contract with Huawei Cloud Computing, and Aidea Pharmaceutical plans a private placement to raise no more than 945 million yuan for the global clinical development of a novel HIV integrase inhibitor and other projects. Hengrui Pharmaceuticals repurchased 335,000 A-shares for the first time that day, paying 14.5036 million yuan. Longshen Rongfa's controlling subsidiary's marketing application for brexpiprazole oral dissolving film was not approved. In that day's Dragon-Tiger List, MetaX, one of the leading domestic GPU companies, saw the largest net institutional selling of 2.142 billion yuan, while its share price rose more than 14 percent; Ruifeng Advanced Materials saw the largest net institutional buying of 212 million yuan.

Subaru Corporation has entered a strategic technology engagement with onsemi to evaluate onsemi's Embedded Power Platform, or EPP, for future electrified vehicles. Under the engagement, announced by onsemi on Sept. 16, 2026, Subaru gains early access to EPP technology, engineering samples, simulation models and technical expertise as it explores next-generation power architectures. EPP embeds multiple semiconductor devices directly into a silicon-based wafer-level package, and onsemi says the platform could support smaller, lighter and more efficient traction inverter systems while reducing development complexity and accelerating time to market. Tamotsu Inui, Managing Executive Officer and Chief General Manager of Engineering Div at Subaru, said the early engagement gives Subaru a chance to evaluate EPP's integrated approach to power system design, and Dinesh Ramanathan, Senior Vice President of Corporate Strategy at onsemi, said Subaru's engagement brings valuable customer insight to EPP's continued evolution. The initial phase focuses on early engineering evaluation and technical learning, building on a longstanding relationship between the two companies.

Aptiv said on August 25 that it will support NVIDIA's newly announced Jetson Orin Nano 2 processor, extending a partnership that already covers the more powerful Jetson Thor platform. The NVIDIA chip packs 78 TOPS of processing power into an 8GB, 8-core Arm design that doubles the inference speed of its predecessor while cutting power draw by 40% at equivalent performance. Aptiv is pairing the compute support with its PULSE surround-view camera and radar system for 360-degree sensing, its Gen 8 radar for object detection in tough conditions, and Wind River software for long-term maintenance and security updates. The move follows Aptiv's second-quarter results reported on August 4, 2026, when revenue reached $3.3 billion, up 2%, and adjusted EBITDA climbed to $613 million from $547 million a year earlier, lifting margins to 18.7% from 17.1%. Free cash flow, however, came in at just $12 million for the quarter, down from $219 million a year earlier, and the first half of 2026 posted negative free cash flow of $196 million versus a positive $264 million a year ago, while hedge fund ownership fell from 53 funds to 42 quarter over quarter and short interest sits at 7.05% of float.