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Drop in global vehicle production hits Lear results

28/01/2019
Drop in global vehicle production hits Lear results

Automotive seating developer Lear Corporation has reported an 8% decline in revenue during the final quarter of 2018. Its sales for this period totalled $4.9 billion, compared to $5.4 billion in the same period of the previous year. Lear cited lower production on “key platforms” for this decline. The company explained that global vehicle...

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