All the very latest information about Lear in one place. The latest Lear business news, analysis, comment and interviews, all from our automotive industry experts at just-auto.
7 August 2015
Whenever I hear the word Flint I always think of a certain Michael Moore, native of that Michigan city, and his movie Roger & Me about the closure of a vast swathe of factories that once made up General Motors' Buick City.
3 August 2015
Continuing just-auto's series of research snapshots - pulled from its automotive research platform, QUBE - Matthew Beecham talks to executives at Lear Corp and Dräxlmaier Group about some trends in the wiring harness sector.
8 May 2015
A short week for us due to the first (of two) bank holidays has ended in a surprise majority win for the Conservatives overnight (along with the virtual elimination of Labour from parliamentary seats in Scotland) and we look forward to one party rather than (compromised) coalition rule for the UK. I doubt the autobiz has any problem with that.
27 April 2015
Car seats are becoming lighter by as much as 50 percent. This paradox is achieved through novel designs’ using new materials, foams and assembly mechanisms writes Matthew Beecham.
5 May 2015
Continuing just-auto's series of interviews with tier one manufacturers, Matthew Beecham spoke to Bill Presley, Vice President Engineering, Wire/Terminals & Connectors, Lear Corp about the forces pushing innovation in the automotive wiring harness industry as well as some alternatives to traditional wiring.
18 September 2014
Mentor Graphics is a major supplier of software tools that help engineers design electronic systems and components. Headquartered in Oregon, US, Mentor generates annual revenues of some US$1bn. Its tools are involved in the design of almost every electronic gadget you can think of. To find out about its automotive business, Matthew Beecham spoke to Martin O’Brien, General Manager, Integrated Electrical Systems Division Mentor Graphics.
10 May 2013
Back in the 1970s, a car seat was a functional component with few or no added value features. Nowadays, with drivers spending more time in their car on longer commutes, they expect a comfortable ride. Matthew Beecham caught up with three top executives of Lear Corp to hear how the seat has become an integral part of the car’s overall design and appeal in the showroom. Here, Ryan Burns, Lear’s Vice President of Global Seat Engineering led the discussion with contributions from Karl Henn, Director of Seating Engineering and R&D and Mandy Sarotte, Vice President of Global Trim Sales.
11 February 2011
Continuing just-auto’s annual review of the vehicle electrical and electronic distribution systems market, Matthew Beecham talked with Bill Presley, Director - Global Wire Engineering (COE), Electrical Systems Division, Lear Corporation.
21 March 2017
Lear has been selected by the Wyoming Department of Transportation (WYDOT) as its partner to supply vehicle-to-vehicle and vehicle-to-infrastructure Road Side and On-Board Units. The supplier has in-house capabilities, augmented by its 2015 acquisition of Arada Systems, for vehicle electrical systems required to connect vehicles to other vehicles and to roadside infrastructure, including hardware, software and cybersecurity. Lear has deployed road-side equipment in more than 20 locations across eight States and in five countries. Wyoming is one of the US Department of Transportation's pilot sites for connected vehicles, with a focus on trucking and highway driving in adverse weather conditions. In addition to supplying all related safety applications to the pilot programme, Lear's E-Systems will supply its Locomate Roadstar product with features such as Dedicated Short-Range Communications, high-precision GPS, Wi-Fi, Security and more. Designed to withstand harsh environments, the Locomate Roadstar is the next generation of the product from Lear's automotive connectivity portfolio. "Lear is pleased to showcase our expertise with both in-vehicle and roadside infrastructure capabilities as well as our commitment to work closely with States such as Wyoming in order to provide vehicle connectivity solutions," said Lear SVP and E-Systems business segment president, Frank Orsini. "Our E-Systems team is focused on delivering innovations for automotive connectivity platforms, and our industry-leading vehicle connectivity product offering is the result of our global engineering talent bringing leading products to market." Lear was founded in Detroit in 1917 as American Metal Products, with the company celebrating its 100th anniversary this year.
24 February 2017
The Automotive Information Sharing and Analysis Centre (Auto-ISAC) welcomes Bosch, Cooper Standard, Honeywell, Hyundai Mobis, Lear Corporation, LG Electronics and NXP Semiconductors as original equipment supplier members. The inclusion of these companies...
6 February 2017
Lear has inked a definitive agreement to acquire Grupo Antolin's automotive seating business for EUR286m (US$307m).
27 January 2017
Lear Corporation, a leading global supplier of automotive seating and electrical systems, today reported financial results for the fourth quarter and full year of 2016. Highlights include: Fourth Quarter 2016 Sales of US$4.6bn, down 2% from a year...
26 January 2017
Seat and electrical systems supplier Lear Corporation said fourth quarter (Q4) sales were down 2% year on year to $4.6bn, down 2% from a year ago. Net income of $230m and adjusted net income of $270m compared with $235m and $245m in 2015.
5 December 2016
Lear Corporation, the leading global supplier of automotive seating and electrical systems, on 1 December 2016 introduced Crafted by Lear, a dedicated team offering advanced development solutions to create differentiated design for next generation...
27 October 2016
Lear Corporation a leading global supplier of automotive seating and electrical systems, on 26 October 2016 reported record financial results for the third quarter of 2016. Highlights include: Record sales of US$4.5bn, reflecting continued growth in...
19 October 2016
Lear Corporation a leading global supplier of automotive seating and electrical systems, opened a world-class Innovation Centre on 18 October 2016, in downtown Detroit located at 119 State Street in historic Capitol Park. At this Centre, Lear plans to...
9 September 2016
Automotive seating and electrical systems supplier Lear Corporation said it had entered into a strategic partnership with Tempronics, obtaining a minority equity stake, and also secured exclusive rights to its thermoelectric seat heating and cooling technology for automotive applications.
25 August 2016
Lear Corporation has announced that Dr. André Weimerskirch has been appointed vice president, cyber security for e-systems, effective immediately. The announcement comes as cyber-security is emerging as a major challenge for the auto industry as connectivity systems in the vehicles proliferate.
24 August 2016
Seating, leather and electrical systems supplier Lear has signed an investment agreement with the Administrative Commission of Yangzhou Economic and Technological Development Zone to construct a premium leather processing plant in Yangzhou, China.
11 August 2016
Lear is to rename its Electrical business segment as E-Systems, which it maintains is to reflect increasing complexity of automotive electrical systems and the supplier's expanded electrical architecture and vehicle connectivity capabilities.
10 August 2016
Overseas companies should be wary of establishing "cultural imperialism" in China says one prominent ex-auto CEO, as the drive to consolidating the plethora of automotive OEMs in the country looks to gather momentum.
10 August 2016
Lear Corporation, a leading global supplier of automotive seating and electrical systems, on 9 August 2016, announced that it is renaming its electrical business segment as the "E-Systems" business segment. This name change is intended to reflect the...
28 July 2016
Qualcomm Incorporated and Lear Corporation, a leading global supplier of automotive seating and electrical systems, on 27 July 2016, announced that they have entered into a wireless electric vehicle charging (WEVC) license agreement. Lear will be including...
9 June 2016
Consolidation among China's myriad automakers will be "unavoidable" as a way to combat the inevitable slowdown in previously extremely strong growth rates, according to suppliers Lear and Dana.
8 June 2016
Lear Corporation, a leading global supplier of automotive seating and electrical systems, signed an agreement on 6 June, 2016, to construct a modern new and expanded Asia-Pacific regional headquarters and technology complex located in the Yangpu District of...
27 May 2016
Volkswagen has nominated a total of 55 partners for 61 fields of competence through its 'Volkswagen Future Automotive Supply Tracks' (FAST) initiative.
24 May 2016
Volkswagen has nominated a total of 55 strategic partners for 61 fields of competence under its "Volkswagen future automotive supply tracks" (FAST) initiative. The aim is to jointly implement technological innovations for customers worldwide even...
24 May 2016
Lear Corporation, a leading global supplier of automotive seating and electrical systems, on 23 May, 2016, announced that it was recognised by Ford Motor Company as supplier diversity development corporation of the Year for 2015. Lear received the award...
20 May 2016
Lear Corporation, a leading global supplier of automotive seating and electrical systems, on 19 May, 2016 announced that its board of directors has declared a quarterly cash dividend of US$0.30 per share on the company's common stock. The dividend is...
29 April 2016
Lear has reported first quarter net income soaring from US$147m to US$248m, with sales up US$200m to US$4.7bn.
21 April 2016
Lear has opened its new leather cutting plant in Szolnok, Hungary in a US$20m move, which doubles the production space available to 16,000 square metres.
22 March 2016
Ford Motor Company will provide a briefing at a forum of the G7 Alliance on Resource Efficiency in Washington, DC, on Tuesday, highlighting its partnership for a cleaner environment. PACE is a programme that aims to help the company’s suppliers minimise...
1 February 2016
Lear has unveiled fourth quarter sales of US$4.7bn, up 4% from a year ago, with core operating earnings of US$359m, an increase of 28%.
30 November 2015
Lear Corporation has acquired Arada Systems, a Troy, Michigan based automotive technology company that specialises in Vehicle-to-Vehicle and Vehicle-to-Infrastructure (V2X) communications.
27 October 2015
Lear's net sales for the third quarter ended 26 September 2015 was up 2.31% to US$4.33bn compared with $4.23bn in the same period in 2015.
29 September 2015
Lear has purchased the 'historic' 119 State Street building in Detroit's Capitol Park to create an innovation and design centre the supplier claimed would be "unlike anything the downtown area has ever seen". It plans to turn the six-storey, 35,000 square foot building at the corner into a hub for art, creativity, automotive advanced concept development and hands-on learning for Detroit college students.
20 August 2015
Lear has acquired intellectual property and technology from Autonet Mobile, a Santa Rosa, California based developer of software and devices for automotive applications.
18 August 2015
Lear says it has acquired intellectual property and technology from Autonet Mobile, a Santa Rosa, California based developer of software and devices for automotive applications.
21 March 2017
Lear has been selected by the Wyoming Department of Transportation (WYDOT) as its partner to supp...
24 February 2017
The Automotive Information Sharing and Analysis Centre (Auto-ISAC) welcomes Bosch, Cooper Standar...
6 February 2017
Lear has inked a definitive agreement to acquire Grupo Antolin's automotive seating business for...
27 January 2017
Lear Corporation, a leading global supplier of automotive seating and electrical systems, today r...
26 January 2017
Seat and electrical systems supplier Lear Corporation said fourth quarter (Q4) sales were down 2%...
5 December 2016
Lear Corporation, the leading global supplier of automotive seating and electrical systems, on 1...