Group 1 - The core focus of the article is the planned spin-off of Aptiv's Electrical Distribution Systems (EDS) business, which is set to be completed by April 1, 2026, and will be listed on the New York Stock Exchange under the name Versigent [1][2] - The EDS business includes low and high voltage wiring harnesses, charging plugs, and is a major supplier in the domestic passenger car low-voltage wiring harness sector, serving prominent clients such as Volkswagen Group, General Motors, Tesla, and Geely [1] - Aptiv aims to shift its focus towards higher-margin sectors such as Advanced Driver Assistance Systems (ADAS), user experience, software, and engineering components, following the spin-off of the EDS business [1][2] Group 2 - Joseph Liao, former Executive Vice President of Aptiv, will become the CEO of Versigent, while Doug Osterman has been appointed as CFO, bringing experience from General Motors and Stellantis [2] - The EDS business has been operating at a low profit margin, with an adjusted operating profit margin of only 7% in 2024, significantly lower than the 12.3% margin for the Advanced Safety and User Experience business and 16.8% for the Engineering Components business [2] - The spin-off is a strategic move for Aptiv, which has a history of business separations, including the 2017 spin-off of its powertrain business into Delphi Technologies [2]