Aptiv PLC (NYSE:APTV)
$ 81.7 -0.59 (-0.72%) Market Cap: 22.23 Bil Enterprise Value: 28.31 Bil PE Ratio: 7.70 PB Ratio: 2.00 GF Score: 86/100

Aptiv PLC at Barclays Industrial Select Conference Transcript

Feb 17, 2021 / 01:50PM GMT
Release Date Price: $156.57 (+0.95%)
Brian Arthur Johnson
Barclays Bank PLC, Research Division - MD & Senior Equity Analyst

Good morning, and welcome to the second day of the Industrial Select Conference. Brian Johnson from Barclays.

Very pleased to have with us once again this year, although we miss not being there in person with them, the Aptiv management team. We have on the video with us Kevin Clark, CEO; Joseph Massaro, CFO, as -- and SVP of Business Operations; as well as Elena Rosman from Investor Relations.

Questions & Answers

Brian Arthur Johnson
Barclays Bank PLC, Research Division - MD & Senior Equity Analyst

I want to start, Kevin and Joe and Elena, can you just give us an update on the chip shortage situation? Your guidance talked about 10% light vehicle production growth in '21. Obviously, that's lapping some easy comps in difficult times. And first quarter, China; and second quarter, [Europe] and America. But what's the chip shortage impact within that?

And then since IHS updated in January, they've taken their numbers down based on Ford and

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