DaimlerChrysler and Lear have agreed a temporary truce in a parts pricing dispute.


The Associated Press said Lear had threatened to stop shipping parts unless DaimlerChrysler agreed to pay more.


The companies were due in court on Wednesday for a hearing on the automaker’s lawsuit against Lear, but both requested more time to work out a settlement.


Oakland County Circuit Judge Colleen O’Brien granted the request and adjourned the hearing until 1 February, AP said.


A temporary restraining order remains – requiring Lear to continue supplying seats and interior trim to DaimlerChrysler.

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DaimlerChrysler took steps to sue Lear earlier this month and O’Brien issued the restraining order after the company said it would lose US$54m per day if Lear stopped shipments.


Lear said it must increase prices due to the rising cost of oil used to make plastic parts and the after-effects of hurricane Katrina, AP added.