The announced sale of its Power Solutions business last week completes the transformation of Johnson Controls International — one of the auto industry's biggest suppliers — into a nonautomotive company.
The announced sale of its Power Solutions business last week completes the transformation of Johnson Controls International — one of the auto industry's biggest suppliers — into a nonautomotive company.
Suppliers have become more pessimistic about their financial outlooks and how globally competitive they are since tariffs have gone into place, MEMA data shows.