Lear

Lear posts Q3 net income loss of US$27m

Lear has recorded a third-quarter net income loss of US$27m, while sales fell 13% to US$4.3bn, reflecting worldwide vehicle production…

Lear posts Q3 sales down 13%

Lear said third quarter 2021 sales fell 13% year on year to US$4.3bn, compared to $4.9 billion in the third…

Lear agrees onboard charger JV for China

Lear has agreed to establish a joint venture with Shinry Technologies, a Chinese Tier 1 supplier of electronics for electric…

Lear signs JV agreement with Hu Lane for connector products

Lear has signed a definitive agreement for a joint venture with Hu Lane Associate Inc., a listed company on the…

Lear swings back to Q2 profit

Global vehicle production increased significantly in the second quarter of 2021 from a year ago, supplier Lear said, but Q2…

Lear names strategy chief

Lear Corporation has named Alicia Davis chief strategy officer. She heads a central strategy organisation that works with two business…

Lear recognised as a GM Supplier of the Year

Lear says it has been recognised as a GM Supplier of the Year during General Motors' 29th annual Supplier of…

Lear acquires M&N Plastics

Lear Corporation has acquired M&N Plastics, a privately owned, Michigan-based injection molding specialist and manufacturer of engineered plastic components for automotive…

Lear Q3 net income down 19% to US$174m

Lear has posted third-quarter net income down 19% to US$174m. Sales were US$4.9bn compared to US$4.8bn in the third quarter…

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A daily update of news and views on the COVID-19 coronavirus crisis and its impact on the automotive sector Live…