SOUTHFIELD, Mich., Feb. 16, 2022 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 24, 2022, at the Wolfe Research Virtual Global Auto, Auto Tech & Mobility Conference. Representing Lear will be: Ray Scott, President and CEO Jason Cardew, Senior Vice President… Continue reading Lear to Participate in Wolfe Research Virtual Global Auto, Auto Tech & Mobility Conference
Author: Lear Corporation Official news
Lear Reports Fourth Quarter and Full Year 2021 Results and Provides Full Year 2022 Outlook
SOUTHFIELD, Mich., Feb. 8, 2022 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full year 2021 and provided its financial outlook for the full year 2022. Fourth Quarter 2021 Financial Highlights Sales growth over market of 6 percentage points Sales… Continue reading Lear Reports Fourth Quarter and Full Year 2021 Results and Provides Full Year 2022 Outlook
Lear Corporation Announces Early Results of Previously Announced Cash Tender Offer
SOUTHFIELD, Mich., Nov. 19, 2021 /PRNewswire/ — Lear Corporation (“Lear”, NYSE: LEA) announced today the early results of the previously announced cash tender offer (the “Tender Offer”) for up to $200,000,000 (the “Maximum Amount”) of its 3.800% Senior Notes due 2027 (“Notes”). The Maximum Amount represents the principal amount of Notes subject to the Tender Offer… Continue reading Lear Corporation Announces Early Results of Previously Announced Cash Tender Offer
Lear to Supply Advanced Connectivity and Vehicle Positioning Solutions to Global Electric Vehicle Manufacturer
<legend role=”h2″>Lear’s 4G/5G telecommunications unit to power advanced driver-assistance functions</legend> SOUTHFIELD, Mich., Nov. 15, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it will begin supplying its 4G/5G telecommunications unit in late 2022 to a global electric vehicle automaker to provide advanced connectivity and vehicle… Continue reading Lear to Supply Advanced Connectivity and Vehicle Positioning Solutions to Global Electric Vehicle Manufacturer
Lear Corporation Announces Cash Tender Offer for its 3.800% Senior Notes due 2027
SOUTHFIELD, Mich., Nov. 4, 2021 /PRNewswire/ — Lear Corporation (“Lear”, NYSE: LEA) announced today that it has commenced a cash tender offer (the “Tender Offer”) for up to $200,000,000 aggregate principal amount, as may be increased or decreased by Lear (the “Maximum Amount”), of its 3.800% Senior Notes due 2027 (“Notes”). Lear intends to fund the… Continue reading Lear Corporation Announces Cash Tender Offer for its 3.800% Senior Notes due 2027
Lear Reports Third Quarter 2021 Results
SOUTHFIELD, Mich., Nov. 2, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2021. Third Quarter 2021 Financial Highlights Sales growth over market of 9 percentage points Sales decreased 13% to $4.3 billion, compared to $4.9 billion in the third quarter of… Continue reading Lear Reports Third Quarter 2021 Results
Lear Increases and Extends Its Revolving Credit Facility
SOUTHFIELD, Mich., Oct. 29, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has entered into an agreement to refinance its existing credit facility. The amended and restated credit agreement extends the maturity of its revolving credit facility to October 2026 from August 2024… Continue reading Lear Increases and Extends Its Revolving Credit Facility
Ford Honors Lear Plants at 23rd Annual World Excellence Awards
SOUTHFIELD, Mich., Oct. 27, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has been recognized as a top-performing global supplier at the 23rd annual Ford World Excellence Awards. Lear’s E-Systems plant in Pacheco, Argentina, and a Seating plant in Chongqing, China, were selected as… Continue reading Ford Honors Lear Plants at 23rd Annual World Excellence Awards
Lear Wins 2 J.D. Power 2021 Seat Quality Awards, Earns More Honors than any other Automotive Supplier
SOUTHFIELD, Mich., Oct. 19, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it received two J.D. Power 2021 U.S. Seat Quality and Satisfaction StudySM awards. Lear’s seats earned more honors than any other automotive supplier, with seven seats placing in the top three across six out… Continue reading Lear Wins 2 J.D. Power 2021 Seat Quality Awards, Earns More Honors than any other Automotive Supplier
Lear Reports Second Quarter 2021 Results
SOUTHFIELD, Mich., Aug. 6, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2021. While global vehicle production increased significantly from a year ago, industry volumes declined 9% sequentially in the second quarter of 2021, as compared to the first quarter of… Continue reading Lear Reports Second Quarter 2021 Results