Recent events
Recent events tied to this brand in public sources.
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2026
Lear adjusts its 2026 financial outlook
Lear Corporation said it adjusted its 2026 financial outlook to reflect changing production schedules for key platforms and their impact on its business, while maintaining its full-year core operating earnings outlook.
2026
Lear reports third-quarter 2026 results
Lear Corporation reported third-quarter 2026 revenue of $5.8 billion, net income of $137 million and core operating earnings of $256 million.
2026
Lear announces CFO appointment
Lear announced that Jared Fedele has been appointed Senior Vice President and Chief Financial Officer, effective March 1, 2027, succeeding Jason Cardew.
2021
Lear agrees to acquire most of Kongsberg Automotive's ICS business
Lear announced a definitive agreement to acquire most of Kongsberg Automotive's Interior Comfort Systems business for €175 million in cash, debt-free. The transaction was expected to close in the first quarter of 2022, subject to regulatory approval and other closing conditions.
2021
Lear wins 2021 Automotive News PACE and PACEpilot awards
Lear announced that its Battery Disconnect Unit won a 2021 Automotive News PACE Award and that its INTU Thermal Comfort and 5G Telecommunications Unit won PACEpilot honors.
2021
Lear and Hu Lane announce joint venture agreement
Lear Corporation announced that it had signed a definitive agreement with Hu Lane Associate Inc. to form a joint venture focused on engineering and producing automotive connection systems products. The joint venture was planned to be initially based in Yangzhou, China, subject to regulatory approvals.
2021
Lear acquires M&N Plastics
Lear announced that it had acquired M&N Plastics, an injection molding specialist and manufacturer of engineered plastic components for automotive electrical distribution applications. The deal terms were not disclosed.
2020
Lear wins two J.D. Power seat quality awards
Lear announced that it received two J.D. Power 2020 U.S. Seat Quality and Satisfaction Study awards, winning the mass-market car categories. Its seating systems were recognized in the compact-car and midsize/large-car segments.
2020
Lear and Gentherm launch INTU thermal comfort seat with ClimateSense
Lear and Gentherm launched the INTU thermal comfort seat featuring ClimateSense, a solution they jointly developed.
2020
Lear appoints Bradley M. Halverson to its board
Lear announced that Bradley M. Halverson was appointed to the company’s Board of Directors.
2020
Lear prices $650 million senior notes offering
Lear announced pricing of an underwritten offering of $350 million of 3.50% senior unsecured notes due 2030 and $300 million of 5.25% senior unsecured notes due 2049. The offering was expected to close on February 24, 2020.