Sunday Jul 20 | KMOV-TV Saint Louis
Experts weigh in on state of St. Louis auto industry
News 4 asked local experts to weigh in on the changes in the auto industry around the St.
Auto suppliers to hold breath for rest of '08
It has been a summer of plummeting expectations for auto suppliers. Week after week, analysts have lowered all sorts of expectations - for stock price, earnings and overall ratings - for many local suppliers, ...
Buchanans, planners work on Avastar compromise
A compromise could be coming in plans for a $4 million, 44,000-square-foot, four-building development in front of the former Lear Corp.
Two St. Louis auto parts plants to close, lay off 318 workers
Two St. Louis County automotive parts plants will soon close and lay off a combined 318 workers, according to a filing with the Missouri Department of Economic Development .
International Automotive Components Group, LLC laid off approximately 100 hourly workers at its Sidney plant on Thursday July 3, citing an economic downturn in the auto industry.
Cramer on BloggingStocks: Autos, aerospace are down for the count
TheStreet.com's Jim Cramer says recent downgrades are killing whole industries, and they're coming at a terrible time.
Lear shares plunge after downgrade
NEW YORK - Shares of many automotive suppliers tumbled to record lows Thursday as worries grew that things could get even worse for the U.S. automotive industry down the road.
GM, Lear and Tenneco downgraded
NEW YORK -- An analyst downgraded three members of the automotive sector today, saying that while the industry has worsened recently, the end may not have arrived.
Future looks brighter with news of Mahle expansion
Mahle Engine Components USA Inc., a local auto supplier, hopes to tap the area's local talent when it eventually hires 150 workers for an expansion announced Wednesday.
Lear Corp. Tightening the Belt
Lear Corporation is one of the largest independent automotive parts suppliers in the world, with a 9% global share.
Lear buys 75% stake in fabric supplier
Automotive supplier Lear Corp. is taking another step toward vertically integrating its $12.5 billion global seating unit with its majority acquisition of a Chinese fabric supplier.
Lear Corp. Terminates 140 Employees
Economic woes in the auto industry continue to affect workers in Louisville. Scores of people are being terminated at a company that supplies car seats to Ford.
Weekly Guru Bargains Highlights: Morgan Stanley, TempleInland Inc,...
GuruFocus Home >> News Home >> Weekly Guru Bargains Highlights: Morgan Stanley, TempleInland Inc, BristolMyers Squibb Company, VeriFone Holdings Inc, Lear Corp.
Lear planning layoffs at Louisville plant
As Ford Motor Co. prepares to slim down Explorer production to one shift, Lear Corp.
Auto outlook rough for now, top investor says
BY JEWEL GOPWANI * FREE PRESS BUSINESS WRITER * June 6, 2008 Renowned turnaround investor Wilbur Ross said he expects the drop in demand for light vehicles to cut automaker revenues by more than $20 billion ...
Lear plant closes Friday leaving 130 workers jobless
Born out of the 1965 Canada-U.S. Auto Pact, the Lear Corp. plant on Lauzon Road will close its doors Friday, sending long-time employees like Harry Keller out into the economic wilderness.
Lear Corp. makes last car seat in Windsor, Ontario
It was an emotional day for workers at an automotive supplier in Windsor, Ontario, as their product rolled off the assembly line for the last time.
Lear Updates Full-Year 2008 Financial Outlook
Lear Corporation today announced revisions to its 2008 financial outlook based on lower North American vehicle production and increased commodity costs.
GM's Closing: The Ripple Effect
"How are you going to pay for your kids to go to school?" Those are the tough questions workers at Lear Corporation are forced to consider.
Sentinel Morning Update: Two more groups of layoffs at IAC expected in June
Two more groups of layoffs are expected at the International Automotive Components facility in Carlisle in June.