Lear Corporation

Lear Corporation is a leading global supplier of automotive seating and electrical systems. It designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. It is one of the world’s largest automotive suppliers, with over 200,000 employees in 39 countries.

The company’s Seating segment supplies seating systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles. The company’s E-Systems segment provides electrical distribution and connection systems that route electrical signals and networks; and manage electrical power within the vehicle for various powertrains. This segment’s products include wire harnesses, terminals and connectors, engineered components, and junction boxes; electronic system products, including body domain control modules, smart and passive junction boxes, gateway and communication modules, integrated power modules, and high voltage switching and power control systems.

Lear Corporation also offers software and connected services, such as Xevo Market, an in-vehicle commerce and service platform; and software and services for the cloud, vehicles, and mobile devices. In addition, this segment provides cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; and short-range communication and cellular protocols for vehicle connectivity. It offers its products and services under the XEVO, GUILFORD, EAGLE OTTAWA, ConfigurE+, INTUTM, LEAR CONNEXUSTM, EXO, JOURNEYWARE, ProTec, SMART JUNCTION BOX, STRUCSURE, AVENTINO, and TeXstyle brands.

The company has a long history of innovation and leadership in the automotive industry. It was founded in 1917 by William E. Lear, who was an inventor and entrepreneur. In the 1950s, Lear revolutionized the automotive industry with the invention of the first car radio. In the 1970s, Lear introduced the first computerized automotive seating system. Today, Lear is a leader in seating, electrical, and electronic systems, and is at the forefront of developing advanced technologies for self-driving vehicles.

The company is headquartered in Southfield, Michigan and has operations in 39 countries around the world. It has a strong presence in the US, Europe, and Asia, and has a total of over 200,000 employees. In 2019, Lear reported sales of $20.5 billion. The company is committed to creating a positive environmental impact, and has set a goal of achieving carbon neutrality by 2040.