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Aumovio’s Q3 Profit Declines But Exceeds Expectations Amid Tough Market Conditions, ETAuto Automobile Gyan

Aumovio’s Q3 Profit Declines But Exceeds Expectations Amid Tough Market Conditions, ETAuto Automobile Gyan

Aumovio made no mention of the possible impact of supply pressures caused by a diplomatic fight over Nexperia, a Dutch chipmaker owned by Chinas Wingtech. German car parts supplier Aumovio reported a smaller-than-expected drop in third-quarter operating profit on Friday, in the first results since its spin-off from tyre maker Continental. The company, which debuted...

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