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Lear hit by ‘significant declines’ in automotive production

26/04/2019

Automotive seating developer Lear Corporation has reported sales of $5.2 billion in the first quarter of 2019, a drop of 10% compared to the same period of last year. The company’s net income on this revenue was $228.9 million, compared to $353.7 million for the first three months of 2018. Revenue from the Seating segment was $3.9 billion, down...

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