DETROIT - Lear Corp. of Southfield, Mich., will use the Covisint exchange to host its supplier portal. Lear will launch the portal in the United States, then expand it to all its global operations and suppliers.
Lear is a Tier 1 supplier of automotive interiors, including seat systems, trim and electrical systems. Lear ranked No. 4 on the Automotive News list of top 150 original equipment suppliers to North America, with global sales of $13.6 billion last year.
Covisint is an online exchange formed by the Big 3 in 2000.
Deal terms were not disclosed.