Plymouth, Michigan — Adient, which makes automotive seating and interior components, saw sales in the first half of 2017 hit $8.25 bn, down 3% on the same period in 2017, the company said in an SEC filing.
Sales were hit by foreign currency changes and were 2% lower primarily due to lower volumes in the North American car market. This led to lower volumes in the region and the winding down of some plants. This decline in North America was partially offset by increased volumes in Europe, Asia and South America, the firm added.
Adient continued that earnings in the seating segment were $572 m in the first six months of 2017 up 9% on the $525 m recorded in the first half of 2016.
The company's other reporting segment, interiors, saw profits of $52 m up 27% on the $41 m recorded in the first half of 2016, Adient said.