Lear Corp.

UAW strike at Lear plant in Indiana ends after 1 day

12:19 pm U.S. ET | Sept. 15, 2014
The UAW's strike at a Lear Corp. seating plant that supplies Ford's assembly plant in Chicago was ended after one day....
Read More »

 

UAW deal with Lear would shed two-tier wages at Ind. plant

10:16 pm U.S. ET | Sept. 15, 2014
The agreement that ended a one-day strike at a Lear seat plant supplying Ford in Chicago would get rid of a wage structure that pays new-hires less than their veteran colleagues, a union official said....
Read More »

 

Lear agrees to buy leather supplier Eagle Ottawa in $850 million deal

4:54 pm U.S. ET | Aug. 27, 2014
Lear agreed to buy automotive leather supplier Eagle Ottawa in a deal valued at $850 million that aims to strengthen the company's global seating business....
Read More »

 

Lear to buy leather supplier Eagle Ottawa for $800 million, reports say

5:46 pm U.S. ET | Aug. 19, 2014
Lear is finalizing a deal to acquire automotive seat leather supplier Eagle Ottawa, media reports said, citing sources close to the deal. Lear, based in Michigan, is expected to pay more than $800 million for Eagle Ottawa, the world's largest supplier of leather to the automotive market....
Read More »

 

Magna CEO in a shopping mood in post-Stronach era

6:54 am U.S. ET | Aug. 19, 2014
Magna International, the largest auto supplier in North America, will consider purchases of as much as $4 billion as it distances itself from debt-averse founder Frank Stronach....
Read More »

 

Toyota gives $1 million to help shield Detroit museum's art from bankruptcy sale, aid pensioners

2:34 pm U.S. ET | Aug. 6, 2014
Toyota's North American arm pledged $1 million toward the Detroit Institute of Arts' goal to raise $100 million and help prevent the sale of the museum's collections during Detroit's bankruptcy case and assist city pensioners....
Read More »

 

Lear profits rise on higher vehicle output, record seating volume, electrical gains

8:03 am U.S. ET | July 25, 2014
Lear's second-quarter profits rose to $148.5 million on higher light-vehicle output, record seating sales, and solid gains and expanded profit margins in its electrical distribution business....
Read More »

 

Lear agrees to $8.75 million price-fixing settlement

4:32 pm U.S. ET | May 9, 2014
Seating and electronics supplier Lear will ask a bankruptcy court judge in New York later this month to sign off on an $8.75 million settlement to a Detroit lawsuit involving automotive supplier price-fixing over the previous decade....
Read More »

 

Lear's first-quarter profits rise 12%; 2014 outlook raised

8:44 am U.S. ET | April 25, 2014
Lear reported a 12 percent rise in first-quarter profits, driven by an increase in global vehicle production, and raised its full-year sales outlook....
Read More »

 

SEAT RELIEF

Lear, others devise high-tech ways to support bad backs

12:01 am U.S. ET | April 19, 2014
Lear Corp. wants motorists to sit up straight. The seat maker is developing a "smart" seat that adjusts itself automatically to correct a motorist's posture, important for comfort on long trips....
Read More »

 

Lear adjusted income drops 11% in Q4

3:24 pm U.S. ET | Jan. 31, 2014
Automotive seating and electrical component supplier Lear, profitable all four years since emerging from bankruptcy in November 2009, posted an 11 percent drop in adjusted fourth-quarter profits....
Read More »

 

Lear will open seating plant in Romania

Nov. 20, 2013 14:00 CET
Lear plans to open a factory in Romania to supply automotive seat covers to European automakers....
Read More »

 

Lear raises forecast on strong U.S. demand

Oct. 27, 2013 06:01 CET
Lear, which counts on Europe for more than one-third of its business, raised its full-year sales and operating profit forecast as demand rose for its auto seats and electric power systems....
Read More »

 

Lear raises forecast as strong U.S. auto sales boost demand for parts

8:55 am U.S. ET | Oct. 25, 2013
Lear raised its full-year forecast as demand rose for its auto seats and electric power systems due to strong vehicle sales in the United States....
Read More »

 

Latest digital edition
Digital Edition Archive
Table of Contents
 Automotive News
Special Report
Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, second-generation dealers Ray and Rik Fregia have seen a 30 percent boost in sales this year, thanks largely to million-dollar overhauls at their three stores. Mon., September 15
» Watch the Video
     
News by Brand


Rocket Fuel