Lear Corporation
| Lear Corporation
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|
|---|---|
 |
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| legal form | Corporation |
| ISIN | US5218652049 |
| founding | 1917 |
| Seat | Southfield , United States |
| management | Ray Scott (President, CEO and Director) |
| Number of employees | 136,200 |
| sales | 18,211,000,000 US dollars |
| Branch | Automotive supplier |
| Website | www.lear.com |
| As of December 31, 2015 | |
The Lear Corporation is a global automotive supplier based in Southfield , Michigan .
The company has the main focus of its activity in the field of interior equipment systems for passenger cars and is considered to be the eleventh largest supplier to the automotive industry worldwide. In 2017, sales were around $ 20.5 billion. In 2017, the company employed around 122,000 people in 257 production sites in 39 countries.
The history of Lear can be traced back to the year 1917. In 1996 the company got its current name when it went public.
In Germany, Lear Corporation is represented in: Bersenbrück , Besigheim , Sindelfingen , Bremen , Eisenach , Ginsheim-Gustavsburg , Kronach , Cologne , Garching , Oberding , Remscheid , Rietberg , Saarlouis , Wackersdorf , Wismar , Wolfsburg .
The Lear plant in Wackersdorf, founded in 1995, manufactures the seat sets in synchronized production for the BMW 1 Series and the BMW 3 Series and delivers them to the BMW plant in Regensburg . Around 300,000 car sets leave the plant every year, and it is considered one of the benchmark plants.
On July 7, 2009, Lear Corporation filed for Chapter 11 bankruptcy protection. Lear establishments outside of the United States and Canada were not affected.
On November 9, Lear Corporation went bankrupt with less than $ 1 billion in debt. The company said it had reduced its debt by more than USD 2.8 billion.
The main competitor is Johnson Controls .
Web links
Individual evidence
- ↑ Management
- ↑ a b c Form 10-K 2015
- ^ Document. Retrieved June 23, 2018 .
- ↑ Auto supplier Lear announces bankruptcy
- ↑ Auto supplier Lear comes out of bankruptcy