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Lear Corporation
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Automotive seating and electronic systems manufacturer
Lear Corporation
Work Here?
Automotive seating and electronic systems manufacturer
About Lear Corporation
Industries
Automotive & Transportation
Hardware
Company Size
10,001+
Company Stage
IPO
Headquarters
Southfield, Michigan
Founded
1917
Overview
Lear Corporation specializes in automotive technology, focusing on Seating and E-Systems. The company enhances in-vehicle experiences by providing advanced seating solutions and electronic systems that improve vehicle functionality and driver comfort. Lear's products include innovative seating designs, premium leather, performance textiles, and sophisticated software for electronic systems. What sets Lear apart from its competitors is its strong commitment to innovation, operational excellence, and sustainability, which is reflected in its diverse offerings and global presence in 39 countries. The company's goal is to redefine mobility by delivering high-quality, sustainable technologies that meet the evolving needs of automotive manufacturers.
Simplify's Take
What believers are saying
- Growing demand for electric vehicle components boosts Lear's E-Systems market potential.
- AI integration in manufacturing enhances Lear's production efficiency and product quality.
- Connected car technologies increase demand for Lear's sophisticated in-vehicle systems.
What critics are saying
- Shift to electric vehicles requires adaptation of Lear's E-Systems to new standards.
- ADAS growth necessitates significant R&D investment in Lear's E-Systems.
- Semiconductor shortage may impact Lear's E-Systems delivery timelines.
What makes Lear Corporation unique
- Lear's IDEA strategy focuses on innovation and operational excellence in automotive technology.
- Acquisition of StoneShield enhances Lear's automation capabilities in E-Systems.
- Lear's premium leather and performance textiles offer eco-friendly seating solutions.
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Company News
SOUTHFIELD, Mich., March 10, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a virtual fireside chat on March 18, 2025, during the Wolfe Research Virtual Autos Summit.Representing Lear will be:Ray Scott , President and CEO, President and CEO Jason Cardew , SVP and Chief Financial OfficerLear's webcast will begin at 10:00 AM EDT and will run approximately 40 minutes. The webcast link will be available on the Company's website at ir.lear.com.About Lear CorporationLear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented employees in 37 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 174 on the Fortune 500. Further information about Lear is available at lear.com.SOURCE Lear Corporation
In executive news, Lear appointed Amanda J. Pontes as General Counsel, effective March 1, 2025, as part of its strategic organizational updates.
Lear Corp., for example, cut about 15,000 jobs worldwide in 2024, a figure it expects to match in 2025.
SOUTHFIELD, Mich., Feb. 18, 2025 /PRNewswire/ - Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that Julian Blissett, former Executive Vice President and President General Motors (GM) China, has been appointed to the Company's Board of Directors.
SOUTHFIELD, Mich., Feb. 14, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock. The dividend is payable on March 26, 2025, to shareholders of record at the close of business on March 6, 2025.About Lear CorporationLear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented employees in 37 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 174 on the Fortune 500
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About Lear Corporation
Industries
Automotive & Transportation
Hardware
Company Size
10,001+
Company Stage
IPO
Headquarters
Southfield, Michigan
Founded
1917
There are no jobs for Lear Corporation right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Lear Corporation