Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Aptiv    APTV   JE00B783TY65

APTIV (APTV)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Delphi Automotive : Jaguar Land Rover Invests $25 million in Lyft

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/12/2017 | 02:31pm CEST
By John D. Stoll 

Lyft drivers are getting an upgrade.

The U.K.'s luxury-vehicle duo Jaguar Land Rover has invested $25 million in Lyft Inc., the latest auto company to strike a deal with the Silicon Valley ride-hailing company.

Under the agreement, the companies will collaborate on "mobility services", including self-driving cars, and certain Lyft drivers will be supplied with Jaguar or Land Rover vehicles, likely for testing purposes.

The partnership follows a wave of conventional auto companies pairing with a growing patchwork of tech companies, startups or companies not seen as conventional players in the car business on autonomous-vehicle technology and testing. For instance, Detroit auto supplier Delphi Automotive PLC said last week it is joining with French bus and train operator Transdev to deploy a self-driving on-demand transportation service this year using the parts maker's technology.

Jaguar Land Rover, owned by India's Tata Motors Ltd., follows General Motors Co. as a Lyft investor. GM invested $500 million in the Uber Technologies Inc. rival in early 2016.

Lyft has struck deals with Alphabet Inc.'s Waymo unit and NuTonomy Inc. to work on technology. Lyft has plans to start testing autonomous vehicles in controlled fleets.

The investment comes via Jaguar Land Rover's InMotion venture arm and is part of a seed round that also included funding for SPLT, a Detroit carpooling startup.

"Lyft envisions a future where shared mobility will transform cities and improve people's lives," Lyft President John Zimmer said in the joint release. "This partnership will help us achieve that ambitious goal."

Write to John D. Stoll at [email protected]

Stocks mentioned in the article
ChangeLast1st jan.
TATA MOTORS -1.02% 328.45 End-of-day quote.-23.04%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on APTIV
04/22APTIV : Schedules First Quarter 2018 Earnings Conference Call
AQ
04/11APTIV : Schedules First Quarter 2018 Earnings Conference Call
PR
04/10APTIV : nuTonomy, an Aptiv company, is Named a Finalist in Fast Company's 2018 W..
AQ
04/10AUTOMOTIVE ECU MARKET RESEARCH 2018- : Global Industry Demand and Top Key Player..
AQ
04/10APTIV : PennDOT chief outlines temporary rules for testing of self-driving cars
AQ
04/09Automotive Cyber Security Market Size, Share, Trends Analysis 2018 2023, Foc..
AQ
04/06+14% CAGR TO BE ACHIEVED BY AUTOMOTI : Comprehensive Research on Automotive Tele..
AQ
04/04AUTOMOTIVE START MOTOR MARKET IS EXP : New Research on Automotive Start Motor Ma..
AQ
04/04+15% CAGR TO BE ACHIEVED BY DRIVE BY : Latest Research on Drive By Wire Market a..
AQ
03/30VEHICLE ANTI-THEFT SYSTEM MARKET TO : Qualitative Research on Vehicle Anti-Thef..
AQ
More news
News from SeekingAlpha
04/23Jump On The Hybrid Bandwagon With Delphi Technologies 
04/02Auto parts sector in reverse 
03/28APTIV : An Underappreciated Auto Tech Play 
03/21Waymo Closing In On Level 5, Offers Upside To Google Shares 
03/16Aptiv (APTV) Presents At JP Morgan Aviation, Transportation & Industrials Con.. 
Financials ($)
Sales 2018 13 905 M
EBIT 2018 1 761 M
Net income 2018 1 327 M
Debt 2018 2 430 M
Yield 2018 1,25%
P/E ratio 2018 17,41
P/E ratio 2019 15,35
EV / Sales 2018 1,83x
EV / Sales 2019 1,70x
Capitalization 22 989 M
Chart APTIV
Duration : Period :
Aptiv Technical Analysis Chart | APTV | JE00B783TY65 | 4-Traders
Technical analysis trends APTIV
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 104 $
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
Kevin P. Clark President, CEO & Non-Independent Director
Rajiv Lochan Gupta Independent Non-Executive Chairman
William H. Guggina Vice President-Global Operations
Joseph R. Massaro Chief Financial Officer & Senior Vice President
Matthew Peterson Chief Information Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
APTIV1.20%22 989
CONTINENTAL0.42%54 478
DENSO CORP-13.06%43 536
HYUNDAI MOBIS CO., LTD.--.--%22 084
MAGNA INTERNATIONAL INC.7.30%21 325
AISIN SEIKI CO LTD-6.86%16 137