Company: APTV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001521332-25-000051
Chunk: 132

Company: Aptiv PLC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 2
Chunk 132
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 18 (9)Net loss attributable to redeemable noncontrolling interest— (2)2 (2)(2)— Net (loss) income attributable to Aptiv$(355)$363 $(718)$27 $1,519 $(1,492)

Total Net Sales

Below is a summary of our total net sales for the three months ended September 30, 2025 versus September 30, 2024. Three Months Ended September 30,Variance Due To: 20252024Favorable/(unfavorable)Volume, net of contractual price reductionsFXCommodity pass-throughOtherTotal (in millions)(in millions)Total net sales$5,212 $4,854 $358 $285 $63 $10 $— $358 

Total net sales for the three months ended September 30, 2025 increased 7% compared to the three months ended September 30, 2024. Our volumes increased 6% for the period, which primarily reflects volume growth in North America and Asia Pacific, partially offset by volume declines in Europe, compared to increased global automotive production of 4% (4% on an AWM basis). Our net sales also reflect the impacts of favorable pricing, net of contractual price reductions, of $8 million and favorable foreign currency impacts, primarily related to the Euro.

62

 Nine Months Ended September 30,Variance Due To: 20252024Favorable/(unfavorable)Volume, net of contractual price reductionsFXCommodity pass-throughOtherTotal (in millions)(in millions)Total net sales$15,245 $14,806 $439 $339 $37 $63 $— $439 

Total net sales for the nine months ended September 30, 2025 increased 3% compared to the nine months ended September 30, 2024. Our volumes increased 2% for the period, which primarily reflects volume growth in North America and Asia Pacific, partially offset by volume declines in Europe, compared to increased global automotive production of 4% (1% on an AWM basis). Our net sales also reflect the impact of contractual price reductions, net of price recoveries, of $22 million, and favorable foreign currency impacts, primarily related to the Euro, partially offset by the Chinese Yuan Renminbi and South Korean Won.

Cost of Sales

Cost of sales is primarily comprised of material, labor