History:
Lear is one of the largest companies involved in the manufacture of automobile interior systems. Founded in 1917 in Detroit as American Metal Products, Lear has gone ahead to become a global company with 18 major acquisitions since 1994, when Lear went public. Lear is ranked 127th on the 2005 Fortune 500 list of US companies. The company is listed on the New York Stock Exchange as LEA.Activities:
The three primary functional divisions of Lear Corporation are:1.The Seating Systems Division
2.The Electronic Systems Division
3.The Interior Systems Division
Lear specializes in complete interior systems of automobiles including seat systems, electronic products and electrical distribution systems.
All the major interior systems: seat, door and trim, overhead and flooring, acoustics and instrument panel are catered to. The company is also a leading global supplier in electronic and electrical products in relation to automobiles. The company has manufacturing facilities in 34 countries across the globe.
Performance:
The Lear Corporation reported sale to the tune of $17,838.9 million and net income to the tune of $ 707.5 million in 2006. A comparative analysis of the company is given below:
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Corporate Address:21557 Telegraph Rd.,Southfield, MI 48034 Telephone: 248-447-1500 Toll Free: 800-413-5327 Fax: 248-447-1722 Website: www.lear.com |
Organization:
Lear Corporation is headed by Mr. Robert E. Rossiter who is the company chairman and CEO. The company had an employee count of 115,000 in 2005.| Limousine Company | LG | LM Ericsson | La Poste | Ladbrokes | Lafarge | Lehman Brothers Holdings | Lennar | Loews | L'Oréal | Lockheed Martin | Liberty Mutual Ins. Group | Lloyds TSB Group | Lagardère Groupe | Lowe's | Lufthansa Group | Lukoil | Lyondell Chemical | Lear | Legal & General | Landesbank Baden – Württemberg | | |||||||
