Risk Factors Update Summary
- Added "shortages" to risk factors, impacting availability of critical components. This change might result in production delays.
- Mentioned "hybrid and electric vehicles" preferences, affecting product demand and development strategies.
- Highlighted "semiconductor chips" shortage, potentially affecting industries, including automotive, with a $1 billion impact.
- Increased labor agreements from covering 81,000 to 88,000 employees globally, impacting labor relations.
- Labor agreements covering approximately 74% to 86% of the global unionized workforce, affecting labor costs.
- Expiry extension of labor agreements from 2023 to 2024, impacting labor negotiations and costs.
- Increased outstanding indebtedness from $2.6 billion to $2.7 billion, affecting financial performance.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=842162&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.