Lear Corp

U.S. suppliers take Q1 hit from European downturn

April 25, 2013 18:21 CET
Economic troubles in Europe cut into the first-quarter earnings of U.S. suppliers Lear, BorgWarner and Dana.... Read More »

 

U.S. suppliers take Q1 hit from European downturn

12:21 pm U.S. ET | April 25, 2013
Economic troubles in Europe cut into the first-quarter earnings of three major suppliers based in the United States that reported their financials today -- Lear, BorgWarner and Dana.... Read More »

 

Lear reaches deal with dissident shareholders, expands buyback

April 2, 2013 06:01 CET
In the midst of a proxy fight with dissident investors, Lear announced an agreement with shareholders Marcato Capital Management and Oskie Capital Management to expand a stock buyback and keep the hedge funds' nominees off Lear's board.... Read More »

 

Lear reaches deal with dissident shareholders, expands buyback

12:23 pm U.S. ET | April 1, 2013
In the midst of a proxy fight with dissident investors, Lear announced an agreement with shareholders Marcato Capital Management LLC and Oskie Capital Management LLC to expand a stock buyback and keep the hedge funds' nominees off Lear's board.... Read More »

 

Lear investor group seeks board seats to boost shareholder value

12:56 pm U.S. ET | Feb. 8, 2013
Lear shares rose the most in more than two years after an investor group said it would nominate directors and push the auto-parts maker to return more cash to shareholders.... Read More »

 

Lear posts strong Q4 profits on higher North American sales

9:38 am U.S. ET | Feb. 1, 2013
Seating and electronics supplier Lear said strong gains in North America powered improved fourth quarter profits. The spike of auto sales in Lear's home market overcame a slight drop in Europe, where the auto industry continues its downward trend.... Read More »

 

Former Lear exec Moschini joins IAC as Europe finance boss

Dec. 4, 2012 14:18 CET
Interiors supplier IAC Group has named former Lear executive Joergen Moschini as its finance boss for Europe.... Read More »

 

GM Canada production returns to normal as Lear strike ends

11:28 am U.S. ET | Oct. 30, 2012
General Motors said production at its Oshawa, Ontario, assembly plant returned to normal today after a two-day strike at a Lear parts plant in Ontario ended and Lear's supply of car seats to GM was restored.... Read More »

 

GM production in Canada could be interrupted by CAW strike

2:41 pm U.S. ET | Oct. 29, 2012
Production at GM's Oshawa, Ontario, plant could shut down later today as a strike at Lear cut off supplies of seats used in vehicles assembled there, the Canadian Auto Workers said.... Read More »

 

Lear posts 21% gain in Q3 net, sustains profits in Europe

10:36 am U.S. ET | Oct. 26, 2012
Auto-parts maker Lear posted a 21 percent gain in third-quarter net income and boosted its forecast for full-year earnings while remaining profitable in the depressed European market.... Read More »

 

Ford's Belgium plant closing could impact U.S. suppliers

4:28 pm U.S. ET | Oct. 24, 2012
The announcement that Ford will close its Genk, Belgium, plant begins what will be a long, painful road for North American suppliers if they don't react quickly as the European economic crisis deepens, experts say.... Read More »

 

Former Tower CEO, Ford exec Kathleen Ligocki joins Lear board

12:04 pm U.S. ET | Sept. 12, 2012
Seating and electrical system supplier Lear said former Tower Automotive CEO and longtime Ford executive Kathleen Ligocki has joined its board of directors. Ligocki, 55, is currently the CEO and director of Next Autoworks.... Read More »

 

Johnson Controls' joint venture shares top rank in seating quality survey, J.D. Power says

Aug. 17, 2012 06:01 CET
For the third year in a row, Avanzar Interior Technologies earned a top spot in the J.D. Power and Associates 2012 Seat Supplier Quality Rankings. Avanzar, a joint venture between Johnson Controls and SAT Auto Technologies, tied with TS Tech for the top rating, the firm reported Thursday.... Read More »

 

Johnson Controls' joint venture shares top rank in seating quality survey, J.D. Power says

4:15 pm U.S. ET | Aug. 16, 2012
For the third year in a row, Avanzar Interior Technologies earned a top spot in the JD Power and Associates 2012 Seat Supplier Quality Rankings. Avanzar, a joint venture between Johnson Controls and SAT Auto Technologies, tied with TS Tech for the top rating, the firm reported today.... Read More »

 

Lear's Q2 profits drop 18% on weak Europe

Aug. 3, 2012 06:01 CET
Lear's second-quarter earnings fell 18 percent because of "challenging" business conditions in Europe, the supplier of seats and electric power management systems said.... Read More »

 

Lear's Q2 profits drop 18% on weak Europe

7:31 am U.S. ET | Aug. 2, 2012
Lear's second-quarter earnings fell 18 percent because of "challenging" business conditions in Europe, the supplier of seats and electric power management systems said today.... Read More »