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Why is Johnson Controls considering the separation of its automotive business?

Johnson Controls’ Chief Executive Alex Molinaroli has confirmed that the supplier could separate its automotive business

Johnson Controls has announced that it is exploring strategic options for the separation of its automotive business.

The rationale behind the consideration centres around its focus to become a multi-industrial business. If the automotive business – the market leader in car seats – is taken out of the picture, the company would be left with Building Efficiency and Power Solutions as its key product areas.

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