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by pdevr
770 days ago
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I cannot edit this anymore. Yes, meant that the control Aptiv had over Motional will now be with Hyundai, practically. The point I was trying to make was that this was titled in Aptiv's Q1 presentation [1] as "APTIV EQUITY INTEREST TO BE REDUCED FROM 50% TO 15%". That is, they will offload most of the control to Hyundai. Immediately, Aptiv shares rose. So for some reason, this is seen as a good thing by Aptiv shareholders. My point was and is: Considering the above aspect, it will be interesting to see how Hyundai will make use of it. [1] https://s22.q4cdn.com/336558720/files/doc_presentations/2024... |
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