Lear Corporation · Southfield, MI United States ·(Pink Sheets: LEARQ)
Company Description
Phone: 248-447-1500
Fax: 248-447-1772
Toll Free: 800-413-5327
Rankings
- #195 in FORTUNE 500
View Lear Corporation Locations On A US Map
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This link will open in a new window Lear doesn't take a back seat to anyone when it comes to manufacturing automotive seats. The company is a leader in the global market for car seat systems and a supplier of automotive electronics. In addition to seating systems and their components, Lear manufactures wire harnesses, junction boxes, terminals and connectors, sound systems, and video entertainment systems. Lear, which has more than 200 facilities in 36 countries, sells to automakers such as BMW , Fiat , Ford , General Motors , Toyota , and Volkswagen . The company gets nearly two-thirds of its sales outside North America. Struggling with debt and the effects of the global automotive industry downturn, Lear filed for Chapter 11 in 2009. To read the full description, subscribe now.
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Key Lear Corporation Financials
| Company Type | Public - Pink Sheets: LEARQ Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $13,570.5 |
| 2008 Employees | 80,000 |
Lear Corporation Executives
33 executives listed for Lear Corporation's Southfield, MI location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Robert Rossiter | Network |
| SVP and CFO | Matthew Simoncini | Network |
| VP Information Technology | James L. Murawski | Network |
Competition
Competitive Landscape for Lear Corporation
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Lear Corporation Competitors
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