Lear Corporation

Lear's Groundbreaking Commerce and Services Platform, Xevo Market, Wins Automotive News PACE Award

Retrieved on: 
Tuesday, April 28, 2020
Lear Corporation, PACE Award, Automotive News, PACE, Lear, Southfield, Michigan, Automotive engineering, Companies

SOUTHFIELD, Mich., April 28, 2020 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that Automotive News has recognized its innovative in-vehicle commerce platform Xevo Market as a 2020 PACE Award winner.

Key Points: 
  • SOUTHFIELD, Mich., April 28, 2020 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that Automotive News has recognized its innovative in-vehicle commerce platform Xevo Market as a 2020 PACE Award winner.
  • Xevo Market is the first white-label, intelligent, in-vehicle commerce and services platform for the automotive industry.
  • The Automotive News PACE Awards have recognized superior innovation, technological advancement, and business performance by automotive suppliers for the last 26 years.
  • This marks Lear's second consecutive PACE Award, having won last year for its powered, adaptable rear seating rail system, ConfigurE+.

DIGITAL MEDIA SOLUTIONS HOLDINGS, LLC AND LEO HOLDINGS CORP. ANNOUNCE EXECUTION OF BUSINESS COMBINATION AGREEMENT

Retrieved on: 
Thursday, April 23, 2020
DMS, Economy, LEO, Lear Corporation, Special-purpose acquisition company, Business

LONDON, UK & CLEARWATER, FLORIDA, April 23, 2020 (GLOBE NEWSWIRE) -- Digital Media Solutions Holdings, LLC (DMS or the Company) and Leo Holdings Corp. (NYSE: LHC) (Leo), a publicly traded special purpose acquisition company, announced today that Leo and DMS have entered into a definitive business combination agreement (the Business Combination Agreement).

Key Points: 
  • LONDON, UK & CLEARWATER, FLORIDA, April 23, 2020 (GLOBE NEWSWIRE) -- Digital Media Solutions Holdings, LLC (DMS or the Company) and Leo Holdings Corp. (NYSE: LHC) (Leo), a publicly traded special purpose acquisition company, announced today that Leo and DMS have entered into a definitive business combination agreement (the Business Combination Agreement).
  • Immediately following the closing of the proposed transaction (the Business Combination), Leo intends to change its name to Digital Media Solutions, Inc. (New DMS).
  • This percentage is subject to change depending on the number of Class A ordinary shares of Leo that are redeemed by Leos public shareholders in connection with the Business Combination.
  • DMS leverages proprietary technology solutions, significant proprietary media distribution and data-driven processes to help large brands acquire their customers.

Lear Provides Liquidity Update, Announces Date for First Quarter 2020 Earnings Conference Call

Retrieved on: 
Tuesday, April 21, 2020
Lear Corporation, Lear, Earnings call, Southfield, Michigan, Economy, Corporations, Business

SOUTHFIELD, Mich., April 21, 2020 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today provided an update on its liquidity position, as well as details on the Company's first quarter 2020 earnings conference call.

Key Points: 
  • SOUTHFIELD, Mich., April 21, 2020 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today provided an update on its liquidity position, as well as details on the Company's first quarter 2020 earnings conference call.
  • As of the quarter ended April 4, 2020, Lear had approximately $2.45 billion in cash on hand, which includes $1 billion of cash proceeds from the Company's revolver drawdown, which was announced on March 26, 2020.
  • In addition, Lear announced that the Company will hold a conference call to review first quarter 2020 financial results and related matters on May 8, 2020, at 8:30 a.m. EDT.
  • Note: The first quarter 2020 slide presentation will be available on Lear's website before the earnings call begins on May 8, 2020.

Visiongain Publishes Automotive Terminal Market 2020-2030 Report

Retrieved on: 
Wednesday, April 15, 2020
Companies, Sumitomo Group, Lisle, Illinois, Molex, Emerging technologies, Vehicle telematics, Sumitomo Electric Industries, Electric vehicle, Lear Corporation, Connected car

The automotive terminal market is driven by increased demand for automotive safety devices backed by public mandates and a growing number of electrical devices in the car, increasing number of connected cars, rapid technological and innovation changes, and adoption electric vehicles are expected to drive the automotive terminal market.

Key Points: 
  • The automotive terminal market is driven by increased demand for automotive safety devices backed by public mandates and a growing number of electrical devices in the car, increasing number of connected cars, rapid technological and innovation changes, and adoption electric vehicles are expected to drive the automotive terminal market.
  • Leading companies featured in the Automotive Terminal Market Report 2020-2030 report include TE Connectivity, Sumitomo Electric, Delphi, Lear, FURUKAWA ELECTRIC, PKC Group, MOLEX, GROTE INDUSTRIES, Keats Manufacturing, VINEY CORPORATION among others.
  • The report on the Automotive Terminal Market Report 2020-2030 will appreciate anyone who wants to better understand the market in various end use industries.
  • The global automotive terminal market is segmented on the basis of vehicle type, electric vehicles, current rating, application, and geography.

Visiongain Publishes Automotive Terminal Market 2020-2030 Report

Retrieved on: 
Wednesday, April 15, 2020
Companies, Sumitomo Group, Lisle, Illinois, Molex, Emerging technologies, Vehicle telematics, Sumitomo Electric Industries, Electric vehicle, Lear Corporation, Connected car

The automotive terminal market is driven by increased demand for automotive safety devices backed by public mandates and a growing number of electrical devices in the car, increasing number of connected cars, rapid technological and innovation changes, and adoption electric vehicles are expected to drive the automotive terminal market.

Key Points: 
  • The automotive terminal market is driven by increased demand for automotive safety devices backed by public mandates and a growing number of electrical devices in the car, increasing number of connected cars, rapid technological and innovation changes, and adoption electric vehicles are expected to drive the automotive terminal market.
  • Leading companies featured in the Automotive Terminal Market Report 2020-2030 report include TE Connectivity, Sumitomo Electric, Delphi, Lear, FURUKAWA ELECTRIC, PKC Group, MOLEX, GROTE INDUSTRIES, Keats Manufacturing, VINEY CORPORATION among others.
  • The report on the Automotive Terminal Market Report 2020-2030 will appreciate anyone who wants to better understand the market in various end use industries.
  • The global automotive terminal market is segmented on the basis of vehicle type, electric vehicles, current rating, application, and geography.

Automotive Fabrics Market Report Highlights Sales Volume, Price, Revenue, Gross Margin, Historical Growth & Future Perspectives by 2028: Radiant Insights, Inc.

Retrieved on: 
Wednesday, April 15, 2020
Sage Automotive Interiors, Adient, Lear Corporation, Companies

The players contributing to the market of automotive fabrics market include Sage Automotive Interiors, Inc.; Adient Plc; and Lear Corporation.

Key Points: 
  • The players contributing to the market of automotive fabrics market include Sage Automotive Interiors, Inc.; Adient Plc; and Lear Corporation.
  • This report provides detailed historical analysis of global market for Automotive Fabrics from 2013-2018, and provides extensive market forecasts from 2018-2028 by region/country and subsectors.
  • It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Automotive Fabrics market.
  • Access 124 page research report with TOC on "Automotive Fabrics Market" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/2013-2028-report-on-global-auto...
    Leading players of Automotive Fabrics including:

Automotive Fabrics Market Report Highlights Sales Volume, Price, Revenue, Gross Margin, Historical Growth & Future Perspectives by 2028: Radiant Insights, Inc.

Retrieved on: 
Wednesday, April 15, 2020
Sage Automotive Interiors, Adient, Lear Corporation, Companies

The players contributing to the market of automotive fabrics market include Sage Automotive Interiors, Inc.; Adient Plc; and Lear Corporation.

Key Points: 
  • The players contributing to the market of automotive fabrics market include Sage Automotive Interiors, Inc.; Adient Plc; and Lear Corporation.
  • This report provides detailed historical analysis of global market for Automotive Fabrics from 2013-2018, and provides extensive market forecasts from 2018-2028 by region/country and subsectors.
  • It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Automotive Fabrics market.
  • Access 124 page research report with TOC on "Automotive Fabrics Market" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/2013-2028-report-on-global-auto...
    Leading players of Automotive Fabrics including:

Lear Publishes Interactive Safe Work Playbook on Lear.com

Retrieved on: 
Monday, April 6, 2020
Lear Corporation, Playbook, Scaled agile framework, Lear

"We created this Safe Work Playbook to proactively address the unique challenges of resuming our operations, when it is safe to do so, following an extended work stoppage caused by COVID-19," said Ray Scott, Lear President and CEO.

Key Points: 
  • "We created this Safe Work Playbook to proactively address the unique challenges of resuming our operations, when it is safe to do so, following an extended work stoppage caused by COVID-19," said Ray Scott, Lear President and CEO.
  • While it is not a one-size-fits-all approach, the Safe Work Playbook includes practical recommendations based on CDC guidelines that could be tailored by businesses to address various scenarios they may face when returning to work.
  • "Our cross-functional team has poured many hours into creating this playbook with one goal in mind keeping our teams as safe, prepared and informed as possible.
  • Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world.

Lear Adds Production to Make Protective Face Masks; Face Shields in Development

Retrieved on: 
Monday, March 30, 2020
Articles, Human activities, Lear Corporation, Personal protective equipment, Pandemic, Lear, Humans

"We are proud to support pandemic relief efforts in the communities where we live and work," said Lear President and CEO Ray Scott.

Key Points: 
  • "We are proud to support pandemic relief efforts in the communities where we live and work," said Lear President and CEO Ray Scott.
  • In February, Lear's Mocksville, N.C., facility designed a facemask in response to a shortage of personal protective equipment in China.
  • Lear then added production capacity for masks in less than 72 hours.
  • Additionally, the Mocksville facility is currently designing and developing full face shield visors for production to support the health care response to the COVID-19 pandemic.

CORREVIO PHARMA INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Correvio Pharma Corp. - CORV

Retrieved on: 
Saturday, March 21, 2020
Legal, Professional services, Foti, Advanz Pharma, Lear Corporation, KSF, Companies

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Correvio Pharma Corp. (NasdaqGS: CORV) to ADVANZ PHARMA Corp. Limited.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Correvio Pharma Corp. (NasdaqGS: CORV) to ADVANZ PHARMA Corp. Limited.
  • Under the terms of the proposed transaction, shareholders of Correvio will receive only $0.42 in cash for each share of Correvio that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .