Konstandinos Tasoulis's questions to TE Connectivity PLC (TEL) leadership • Q1 2025
Question
Konstandinos Tasoulis, on behalf of Colin Langan, asked for a regional breakdown of the assumptions behind the full-year automotive outlook, specifically the light vehicle production decline and content growth expectations.
Answer
CEO Terrence Curtin detailed that the forecast for a 1-2% auto production decline is driven by weakness in Europe and North America, offset by growth in Asia. He expressed confidence in achieving the low end of the 4-6% content growth range, supported by TE's strong position in Asia, where 80% of new EV/hybrid production will occur, and by accelerating trends in vehicle electronification and software-defined architectures.