Aptiv PLC Q3 2023 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Joseph Robert Spak - UBS Investment Bank, Research Division - Analyst : Kevin, Joe, just first on the growth over market for the quarter, and I guess, the outlook. I know you said it was in part driven by the UAW strike. I think it went from 9% to 5%. But that's -- that $180 million is like 1 point, I think, year-over-year. And part of that is obviously just the industry, not just your sort of growth over market. So can you sort of detail some of the other factors that are driving some of the lower growth over market for the year and in the fourth quarter?

Question: Joseph Robert Spak - UBS Investment Bank, Research Division - Analyst : Okay. And then I guess just to follow up, as we think about some of your midterm targets and you pointed out some of the slowing BEV penetration in the U.S. and Europe, and I think this has been pretty well documented right now. Does that at all -- I know you've taken a more conservative view of that penetration, maybe than some third parties over the mid- to long term. So is this -- how does sort of the more recent trends, I guess, compare versus what you laid out back in the February Analyst Day? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. NOVEMBER 02, 2023 / 12:00PM, APTV.N - Q3 2023 Aptiv PLC Earnings Call