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Tag: Lear Corp.

Auto Suppliers / Sustainability

Lear publishes annual sustainability report

SOUTHFIELD–Lear Corp. (NYSE: LEA), a manufacturer of automotive seating and electronics, has released its 2023 Sustainability Report, outlining the company’s progress on its climate goals, sustainable product innovations, supplier sustainability …

Auto Suppliers / Earnings

Lear sales rise 10%, net income up

SOUTHFIELD–The automotive seating and electronics supplier Lear Corp. (NYSE: LEA) reported net income of $132.9 million or $2.25 a share in the third quarter, up from $92.3 million and $1.54 …

Auto Suppliers / Automotive Electronics / Earnings

Lear profits, sales rise

SOUTHFIELD–The Southfield-based automotive seating and electronics manufacturer Lear Corp. (NYSE: LEA) reported net income of $168.7 million or $2.84 a share, up from $68.5 million or $1.14 a share in …

Auto Suppliers / Automotive Electronics / Diversity / Sustainability

Lear publishes 2022 sustainability report

SOUTHFIELD–The automotive seating and electronics supplier Lear Corp. (NYSE: LEA) has released its 2022 Sustainability Report, which includes the company’s progress on its climate goals, sustainable product development, and diversity, equity …

Auto Suppliers / Automotive Electronics

Lear boosts 2023 financial outlook at Seating Day

SOUTHFIELD–Lear Corp. (NYSE: LEA), the Southfield-based manufacturer of automotive seating and electronics, increased its 2023 financial outlook and seating target margins Tuesday at its Seating Product Day. Lear also shared …

Autonomous Vehicles / Higher Education / Robotics / Workforce Development

LTU president ‘optimistic’ about a high-tech future, but there are worries too

DETROIT—Lawrence Technological University President Tarek M. Sobh said he is “incredibly optimistic” about a future full of artificial intelligence and robot workers, as part of a panel discussion on the …

Acquisitions / Auto Suppliers

Lear completes acquisition of I.G. Bauerhin

SOUTHFIELD–The Southfield-based automotive seating and electronics supplier Lear Corp. announced it has completed its acquisition of I.G. Bauerhin, further expanding the company’s suite of in-vehicle comfort technologies. IGB, headquartered in …

Higher Education

LTU to celebrate student achievement at Commencement May 6

SOUTHFIELD—More than 450 Lawrence Technological University students will become Lawrence Technological University’s newest alumni at the university’s 94th Commencement Exercises, Saturday, May 6. There will be two ceremonies, one at …

Acquisitions / Auto Industry / Auto Suppliers

Lear acquires Industry 4.0 specialist InTouch Automation

SOUTHFIELD—The Southfield-based automotive seating and electronics manufacturer Lear Corp. (NYSE: LEA) announced the acquisition of Novi-based InTouch Automation, a supplier of Industry 4.0 technologies and complex automated testing equipment critical …

Auto Suppliers / Battery Technology / Electric Vehicles

Lear wins ‘major’ electrification program for GM

SOUTHFIELD—Lear Corp. (NYSE: LEA), the automotive electronics and seating supplier, announced that it had been selected by General Motors to be the exclusive supplier of battery disconnect units on all …

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