Lear Climate Change Strategy Aims for Net Zero Emissions by 2050

Company targets 2030 to convert to 100% renewable energy and cut carbon emissions by 50% SOUTHFIELD, Mich., Oct. 14, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today expanded its sustainability efforts by announcing several new environmental goals, including achieving net zero emissions by 2050. Lear further… Continue reading Lear Climate Change Strategy Aims for Net Zero Emissions by 2050

Lear and Gentherm Introduce INTU™ Thermal Comfort Seating with ClimateSense™ Technology

SOUTHFIELD, Mich., Aug. 3, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, introduces its newest solution in intelligent seating, INTU™ Thermal Comfort with ClimateSense™ technology, developed in collaboration with Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies. The system aims to create an… Continue reading Lear and Gentherm Introduce INTU™ Thermal Comfort Seating with ClimateSense™ Technology

Lear Adds Production to Pine Grove, PA Facility to Make 500,000 Protective Face Masks per Week

SOUTHFIELD, Mich., June 11, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has added new equipment to its operations in Pine Grove, Pa., to make up to 500,000 protective face masks per week. The Pine Grove facility is among 10 Lear plants on three… Continue reading Lear Adds Production to Pine Grove, PA Facility to Make 500,000 Protective Face Masks per Week

Lear Releases Second Edition of Safe Work Playbook with New Content and Advanced Protocols for Facility Safety

Playbook offers 80-plus pages of education, training, communication and auditing toolkits SOUTHFIELD, Mich., April 27, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today released the second edition of its Safe Work Playbook which provides new content for integrating health and safety protocols into day-to-day operations to help… Continue reading Lear Releases Second Edition of Safe Work Playbook with New Content and Advanced Protocols for Facility Safety

Lear Publishes Interactive Safe Work Playbook on Lear.com

SOUTHFIELD, Mich., April 6, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, is making available to all organizations its Safe Work Playbook, a newly created interactive guide offering potentially helpful practices for health and safety procedures, cross-functional teamwork, operating discipline and training for employees in response to the… Continue reading Lear Publishes Interactive Safe Work Playbook on Lear.com

Lear Adds Production to Make Protective Face Masks; Face Shields in Development

SOUTHFIELD, Mich., March 30, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, has added capacity at its AccuMED production facility, which specializes in the manufacturing of medical products, to produce protective masks to combat the COVID-19 pandemic. Donations of masks were made recently to the Detroit Medical… Continue reading Lear Adds Production to Make Protective Face Masks; Face Shields in Development

Lear Reports Fourth Quarter and Full Year 2019 Results

SOUTHFIELD, Mich., Jan. 28, 2020 /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 2019.  Highlights include: Fourth Quarter 2019 Sales of $4.8 billion, compared to $4.9 billion in the fourth quarter of 2018 Net income of $126 million… Continue reading Lear Reports Fourth Quarter and Full Year 2019 Results

Lear Reports Third Quarter 2019 Results

SOUTHFIELD, Mich., Oct. 25, 2019 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in seating and electrical and electronic systems, today reported results for the third quarter 2019.  Highlights include: Sales of $4.8 billion, compared to $4.9 billion in the third quarter of 2018 Net income of $216 million and adjusted net… Continue reading Lear Reports Third Quarter 2019 Results

Lear Invests in Israel-Based Maniv Mobility Venture Capital Fund

SOUTHFIELD, Mich., March 11, 2019 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has invested in an Israel-based venture capital fund managed by Maniv Mobility that is focused on advancing mobility technology. The investment, which is being made through Lear Innovation Ventures (LIV), enables future collaboration… Continue reading Lear Invests in Israel-Based Maniv Mobility Venture Capital Fund

Lear Reports Record First Quarter 2018 Results and Increases Full Year Financial Outlook

SOUTHFIELD, Mich., April 26, 2018 /PRNewswire/ — Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical systems, today reported record results for the first quarter 2018.  Highlights include: Record sales of $5.7 billion, up 15% from a year ago Record net income of $353.7 million and record adjusted net income of $344.5… Continue reading Lear Reports Record First Quarter 2018 Results and Increases Full Year Financial Outlook