Adient plc Provides China Business Update
Adient (ADNT) reported strong new bookings in its China business, securing approximately $1.1 billion in annual contracts for FY 2025 and capturing opportunities from four new auto brands. The company also formed a joint venture by acquiring a 49% stake in SCI (Zhangjiakou) Co., Ltd. to strengthen relationships with Chinese OEMs.
Tickers: $ADNT