News

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...

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