Lear hampered by drop in global vehicle production
29/07/2019
Automotive seating supplier Lear Corporation has reported sales of just over $5 billion in the second quarter of 2019, a decline of more than 10% compared to the same period of last year. Its Seating segment brought in revenue of $3.8 billion, also a drop of 10%. The company’s net income for this period was $183 million, compared to $331...