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Lear Corporation News

News on Lear Corporation continually updated from thousands of sources around the net.

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.

Comment?

Related Topix: Manufacturing, Automakers, Textiles, St Louis County, MO

Fri Jul 18, 2008

The Advocate

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, ...

1 comment

Related Topix: Financial Markets, Auto Dealers, Manufacturing, Automakers, Textiles

Thu Jul 17, 2008

The Flint Journal

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.

Comment?

Related Topix: Manufacturing, Automakers, Textiles

Fri Jul 11, 2008

St. Louis Business Journal

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 .

Comment?

Related Topix: St Louis County, MO, Bridgeton, MO, Manufacturing, Automakers, Textiles

Thu Jul 03, 2008

Dayton Daily News

Parts supplier lays off 100

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.

1 comment

Related Topix: Wauseon, OH, Manufacturing, Automakers, Textiles

Mon Jun 30, 2008

Blogging Stocks

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.

Comment?

Related Topix: Manufacturing, BE Aerospace, Aerospace-Defense, Honeywell International, Automakers, Textiles, Tenneco Automotive, Johnson Controls

Sun Jun 29, 2008

ZanesvilleTimesRecorder.com

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.

1 comment

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Manufacturing, Automakers, Textiles

Fri Jun 27, 2008

ZanesvilleTimesRecorder.com

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.

Comment?

Related Topix: Manufacturing, Automakers, Tenneco Automotive, Textiles, Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, GMC GM, GMC

Wed Jun 25, 2008

Clinton County News

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.

Comment?

Related Topix: Manufacturing, Automakers, Textiles, Elsie, MI, Clinton County, MI, Lansing, MI

Mon Jun 23, 2008

Zacks Analyst Blog

Lear Corp. Tightening the Belt

Lear Corporation is one of the largest independent automotive parts suppliers in the world, with a 9% global share.

Comment?

Related Topix: Manufacturing, Automakers, Textiles

Sat Jun 21, 2008

MLive.com

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.

2 comments

Related Topix: Manufacturing, Automakers, Textiles

Thu Jun 19, 2008

WLKY.com

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.

8 comments

Related Topix: Manufacturing, Automakers, Textiles

Tue Jun 17, 2008

GuruFocus.com

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.

Comment?

Related Topix: Manufacturing, Automakers, Textiles, Biotech, Bristol Myers Squibb, Medicine, Healthcare Industry, Financial Markets, Industrial Machines, Paper, TempleInland

Thu Jun 12, 2008

The Courier-Journal

Lear planning layoffs at Louisville plant

As Ford Motor Co. prepares to slim down Explorer production to one shift, Lear Corp.

Comment?

Related Topix: Louisville, KY, Manufacturing, Automakers, Textiles, Ford, Ford Explorer

Tue Jun 10, 2008

Detroit Free Press

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 ...

Comment?

Related Topix: Manufacturing, Automakers, Textiles, Collins and Aikman, Autos

Sun Jun 08, 2008

Canada.com

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.

Comment?

Related Topix: Hamtramck, MI, Buick Lucerne, Buick, Manufacturing, Automakers, Textiles, Pension, Personal Finance

Fri Jun 06, 2008

Ann Arbor News

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.

1 comment

Related Topix: Canada, Manufacturing, Automakers, Textiles, Buick Lucerne, Buick, Janesville Metro, Janesville, WI

Wed Jun 04, 2008

The Auto Channel

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.

Comment?

Related Topix: Manufacturing, Automakers, Textiles

Tue Jun 03, 2008

WMTV Madison

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.

Comment?

Related Topix: Manufacturing, Automakers, Textiles

Fri May 30, 2008

Cumberlink.com

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.

Comment?

Related Topix: Manufacturing, Automakers, Textiles, Carlisle, PA, Cumberland County, PA

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