Page 28 - Lear Corp News Today

Lear Corp. saw first-quarter revenue and income slide due to inflation and supply chain problems as the Southfield-based auto supplier looks to restructure by reducing headcount, exiting underperforming segments and consolidating plants. At the same time, Lear outperformed the industry in sales…

SOUTHFIELD, Mich. (AP) _ Lear Corp. (LEA) on Tuesday reported first-quarter net income of $49.4 million. The Southfield, Michigan-based company said it had net income of 82 cents per share. Earnings, adjusted for non-recurring costs, came to $1.80 per share.

Across Michigan, family-owned companies and organizations have lasted more than 100 years by navigating an ever-changing marketplace.

Ashley Capital is under contract to buy the sprawling industrial site and redevelop it.

/PRNewswire/ -- The automotive headliner market size is set to grow by USD 2.16 billion from 2021 to 2026 as per the latest report by Technavio. The report...

/PRNewswire/ -- The automotive headliner market size is set to grow by USD 2.16 billion from 2021 to 2026 as per the latest report by Technavio. The report...

/PRNewswire/ -- The automotive seat massage system market size is estimated to grow by USD 556.08 million from 2019 to 2024, and the markets growth is...

/PRNewswire/ -- The automotive seat massage system market size is estimated to grow by USD 556.08 million from 2019 to 2024, and the markets growth is...

U.S. new vehicle inventory 1.11 million units at end of March, decline of 54% from the same period one year ago. new light vehicle average transaction prices have declined slightly this year. production in Mexico could increase by up to 31 percent.

/PRNewswire/ -- The "Automotive Interior Leather Market by Type (passenger cars, LCV, and HCV) and Geography (Europe, APAC, North America, South America, and...