2 Followers USX:LEA - Lear Corp Lear Corporation
Sector: Consumer Discretionary, Industry: Auto Parts & Equipment
Next Earnings: 25 Apr 2024
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USD 144.88    +0.03 (+0.02%)

28 Mar 2024


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General

CEO: Mr. Raymond E. Scott Jr.

IPO: 2009-11-09

Headquarters: US

Employees: 168,700

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Description

Lear designs, develops, and manufactures automotive seating and electrical systems and components. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems, high-voltage power distribution systems, domain controllers, telematics control units, gateway modules, vehicle positioning for automated and autonomous driving, embedded control software, cloud and mobile device software and services, and cybersecurity. Lear's largest customer and regional market is GM and North America at 20% and 44% of 2022 revenue, respectively.

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