Page 32 - Lear Corp News Today

Pope Francis Center moves forward on $30M project to provide housing, medical assistance, jobs for homeless people in Detroit.

A shortage of semi-conductor chips has slowed automotive and other manufacturing this year. The worldwide shortage is the result of the combination of the COVID-19 pandemic and supply chain issues.

The low auto inventory has provided a stronger hand for carmakers and dealers negotiating for sales, but for suppliers, production disruptions take a toll on financial results.

U.S. will miss electric-vehicle targets without big investments in semiconductor manufacturing, commerce secretary warns

DETROIT -- The United States won't meet the Biden administration's goal of widespread electric-vehicle adoption without urgent investment in domestic semiconductor manufacturing, Commerce Secretary Gina Raimondo said.

The Biden administration's push for Congress to pass legislation by year's end that would incentivize semiconductor manufacturers to build new plants in the U.S. amid a global supply shortage could come with strings attached for union representation in the workforce.During a visit Monday morning at…

Financially, 2021 has been kind to auto makers and dealers, even as the microchip shortage cut into production. But for suppliers who depend on the manufacturing of vechicles to turn a profit, it's a been a very different story.

A shortage of semi-conductor chips has slowed automotive and other manufacturing this year.

Asia Market Update: Equity indices trade mixed; RBA ended YCC (as expected), Aussie yield curve steepens. General trend - Nikkei 225 has remained mode

LEA earnings call for the period ending October 2, 2021.