Lear Corp.

Bob Rossiter, who helped build and rebuild seating giant Lear, dies at 69

11:28 am U.S. ET | Feb. 9, 2016

Former Lear CEO Bob Rossiter, who worked with the company for 40 years and led it through bankruptcy in 2009, died Sunday after a yearlong battle with cancer....
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Lear's goal: Seats with style, smarts

12:01 am U.S. ET | Feb. 1, 2016

Automotive parts supplier Lear Corp. is developing a seat of the future to appeal to automakers as they look increasingly to interiors to set their vehicles apart. The new design is the product of an engineering unit Lear has set up in Southfield, Mich....
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Lear reports record results for Q4, 2015 following acquisitions

10:52 am U.S. ET | Jan. 28, 2016

Seating and electronics supplier Lear said today it posted record core earnings in the fourth quarter as it continued to build on business generated from recent acquisitions....
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Lear's 'smart' bid to revolutionize the car seat

12:01 am U.S. ET | Dec. 21, 2015

Auto suppliers Lear, Faurecia, Johnson Controls and Magna are working on smart seats that use biometric sensors to monitor the mood and condition of drivers, a feature that could begin appearing in vehicles within a few years. If teh driver si stressed, the seat could detect that and set off a blast of cool air or administer a soothing massage....
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Supply chain veteran Doug DelGrosso named CEO of Chassix

9:08 am U.S. ET | Dec. 16, 2015

Longtime supply chain executive Douglas DelGrosso has been named CEO of Chassix, a precision chassis casting and machining company that emerged from Chapter 11 bankruptcy earlier this year....
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Lear, other suppliers target Detroit industrial park for new operations

11:03 am U.S. ET | Dec. 14, 2015

Lear plans to double down on its investment in Detroit by establishing a new manufacturing plant in the next two years, joining a city-led effort to create a hub with at least four other automotive suppliers....
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Lear acquires vehicle-to-vehicle communications firm

11:36 am U.S. ET | Nov. 30, 2015

Lear said it acquired automotive connectivity supplier Arada Systems. Terms of the deal were not disclosed. Arada develops hardware and software for vehicle-to-vehicle and vehicle-to-infrastructure communication technology....
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Lear buys downtown Detroit office building

10:16 am U.S. ET | Sept. 3, 2015

Seating and electronics suppler Lear has purchased a 50,000-square-foot building in downtown Detroit for an undisclosed price....
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Lear buys technology from California automotive app developer

3:34 pm U.S. ET | Aug. 17, 2015

Lear said today it has acquired the intellectual property and technology of Autonet Mobile, a software and device developer of automotive applications in California....
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Lear targets acquisitions to enhance electrical unit

2:49 pm U.S. ET | Aug. 6, 2015

Lear is looking for acquisitions of as much as $1 billion for its electrical unit as automakers' demand for global vehicle platforms drives consolidation among their suppliers....
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LETTER TO THE EDITOR

Lear: 'Facts speak for themselves'

12:01 am U.S. ET | May 25, 2015

Recently, you may have seen some allegations in the media by the UAW about unfair labor practices or unsafe working conditions at Lear. Those allegations are untrue....
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UAW protests at Lear annual meeting

6:00 pm U.S. ET | May 13, 2015

The UAW protested outside Lear's annual shareholder meeting today near Detroit, calling attention to safety issues at the company's seat plants in the South....
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Lear Q1 net income, revenue up after Eagle Ottawa acquisition

11:25 am U.S. ET | April 24, 2015

Seating and electronics supplier Lear acquired leather supplier Eagle Ottawa in the first quarter and said that net income during the period increased 20 percent and revenue jumped 3.7 percent from the year earlier....
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Lear to buy more shares, boost dividend

10:09 am U.S. ET | Feb. 17, 2015

Weeks after receiving a letter from an activist investor urging the company to split into two separately traded public companies, Lear said today it will increase its share repurchase program and quarterly dividend....
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