LEA Stock Discussion

Lear Corporation Description

Lear Corporation designs, manufactures, assembles, and supplies automotive seat systems, electrical distribution systems, and related components primarily to automotive original equipment manufacturers. It operates in two segments, Seating and Electrical Power Management Systems (EPMS). The Seating segment offers seat systems and related components, such as seat frames, recliner mechanisms, seat tracks, seat trim covers, headrests, and seat foams for automobiles and light trucks. The EPMS segment provides electrical distribution systems and components for traditional power train vehicles, as well as for hybrid and electric vehicles. This segment's products comprise wire harness assemblies, terminals and connectors, junction boxes, fuse boxes, and electronic control modules, as well as wireless remote control devices, such as key fobs. It also provides passive entry systems, remote keyless entry, and dual range/dual function remote keyless entry systems; LED lighting control systems for the vehicle interior and exterior; and audio systems, such as amplifiers and vehicle sound systems. The company sells its products primarily in North America, South America, Europe, and Asia. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan.

Sector: Consumer Cyclical
Industry: Auto Parts
Keywords: Electric Vehicle Automotive Industry Control Systems Power Management Distribution Systems Control Devices Audio Systems Remote Control Automotive Accessories Entry Systems Seat Systems Electrical Distribution Systems Power Management Systems Remote Control Devices