Lear Corporation (LEA)

Overview

Lear Corporation, established in 1917 with its headquarters in Southfield, Michigan, stands as a pivotal player in the global automotive industry. The company specializes in the design, development, engineering, manufacture, assembly, and supply of automotive seating, electrical distribution systems, and related components. Catering to automotive original equipment manufacturers across North America, Europe, Africa, Asia, and South America, Lear Corporation serves a diverse range of automotive sectors, including automobiles, light trucks, compact cars, pickup trucks, and sport utility vehicles. Through its two primary segments, Seating and E-Systems, the company addresses the complex needs of modern vehicles, ranging from comfort to connectivity and power management.

Products and Services

• Seating: This segment includes a comprehensive suite of products such as seat systems, subsystems, keyseat components, seat trim covers, mechanisms, foams, headrests, and surface materials like leather and fabric. These products are geared towards enhancing comfort, functionality, and aesthetic appeal across a broad spectrum of vehicles.
• E-Systems: This segment delivers electrical distribution and connection systems essential for routing signals and managing power within vehicles. Products under this category include:
  • Wire harnesses
  • Terminals and connectors
  • Engineered components
  • Junction boxes
  • Electronic system products such as body domain control modules, smart/passive junction boxes, gateway and communication modules, integrated power modules, and high voltage switching and power control systems.
• Software and Connected Services: Lear Corporation extends its expertise to software solutions and connected services, enabling in-vehicle commerce, vehicle-to-cloud communications, mobile device connectivity, and enhanced vehicle positioning for automated and autonomous driving applications. This includes products and services like:
  • Xevo Market, an in-vehicle commerce and services platform.
  • Software services for cloud, vehicles, and mobile devices.
  • Cybersecurity software to safeguard vehicle systems.
  • Advanced vehicle positioning systems for autonomous driving.
  • Communication protocols for vehicle connectivity.

These offerings are made available under a range of brands such as XEVO, GUILFORD, EAGLE OTTAWA, ConfigurE+, INTUTM, LEAR CONNEXUS™, EXO, JOURNEYWARE, ProTec, SMART JUNCTION BOX, STRUCSURE, AVENTINO, and TeXstyle, emphasizing Lear Corporation's commitment to quality, innovation, and customer satisfaction in the evolving automotive landscape.