{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/aptiv-expects-chip-prices-to-remain-high/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Aptiv expects chip prices to remain high","slug":"aptiv-expects-chip-prices-to-remain-high","createdLocal":"2023-08-10 14:30:55.264227","publishDate":"2023-08-10 04:47:02-04:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://europe.autonews.com/suppliers/aptiv-sees-chip-prices-staying-high-and-supplies-remaining-tight"},"postSummary":{"childMarkdownRemark":{"html":"<p>Aptiv does not expect semiconductor prices to cool off in the near future.\nEven though supply-chain challenges are easing, prices of certain parts remain high, denting profits, the supplier says.\nThe company said the \"real challenge\" is in obtaining chips, whose prices have risen 25 percent to 30 percent, while supply chains remain tight.\nAptiv, which counts General Motors and Ford among its customers, also said it is positioned to have \"enough\" inventory to combat possible disruptions in case of a strike at the two Detroit automakers by the autoworkers' union.\nUnited Auto Workers (UAW) is seeking improved benefits, including double-digit pay rises and defined-benefit pensions, for all workers in its talks with automakers Ford Motor, General Motors and Stellantis, also known as the Detroit Three.</p>"}}}},"pageContext":{"slug":"aptiv-expects-chip-prices-to-remain-high"}}}