Lear Corporation

$2.3+ Billion Worldwide Automotive Keyless Entry System Industry to 2031 - Rising Inclination Towards Safety and Security in Vehicles Drives Growth - ResearchAndMarkets.com

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Thursday, January 12, 2023
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The main types of products in automotive keyless entry system market are passive keyless entry systems and remote keyless entry systems.

Key Points: 
  • The main types of products in automotive keyless entry system market are passive keyless entry systems and remote keyless entry systems.
  • Rising inclination towards safety and security in vehicles is driving the growth of the automotive keyless entry system market.
  • Thus, the rising proclivity towards safety and security in vehicles will drive the growth of the automotive keyless entry system market.
  • Companies operating in the automotive keyless entry system market are focusing on providing technologically advanced in-vehicle security systems such as a keyless entry system with engine start/off, AC control, and other features.

Lear Announces Date for Fourth Quarter and Full Year 2022 Earnings Conference Call

Retrieved on: 
Monday, January 9, 2023
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SOUTHFIELD, Mich., Jan. 9, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's fourth quarter and full year 2022 financial results and related matters on February 2, 2023, at 9:00 a.m. EST.

Key Points: 
  • SOUTHFIELD, Mich., Jan. 9, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's fourth quarter and full year 2022 financial results and related matters on February 2, 2023, at 9:00 a.m. EST.
  • To participate in the conference call:
    The conference code is 9600227.
  • You also may listen to the live audio webcast of the call, in listen-only mode, on Lear's Investor Relations website at ir.lear.com .
  • Note: The fourth quarter and full year 2022 slide presentation will be available on Lear's website before the earnings call begins on February 2, 2023.

Aludyne Names Bill Pumphrey President and Chief Executive Officer

Retrieved on: 
Monday, January 2, 2023
Tower International, University, Magnesium, General Motors, Cooper-Standard Automotive, EVP, Safety, UT, Kenyon College, Carbon, Lear Corporation, BA, MBA, Management

SOUTHFIELD, Mich., Jan. 2, 2023 /PRNewswire/ -- The Board of Directors of Aludyne, a global lightweighting solutions and components supplier to the mobility industry, announced today it has appointed Bill Pumphrey as President and Chief Executive Officer (CEO) of the company, effective immediately.

Key Points: 
  • SOUTHFIELD, Mich., Jan. 2, 2023 /PRNewswire/ -- The Board of Directors of Aludyne, a global lightweighting solutions and components supplier to the mobility industry, announced today it has appointed Bill Pumphrey as President and Chief Executive Officer (CEO) of the company, effective immediately.
  • Pumphrey replaces Andreas S. Weller who left Aludyne at the end of 2022 to pursue an opportunity outside of the automotive industry.
  • Pumphrey brings extensive experience in the automotive industry having enjoyed a 38 year career serving global component manufacturers in senior executive roles since 2000.
  • Prior to joining Cooper Standard in 2011, Bill held senior executive positions at Tower International, Lear Corporation, and UT Automotive.

SP Publishes Updated Carbon Reduction & Reporting Guidance with Support of Leading Automotive Suppliers

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Wednesday, December 14, 2022
Carbon, Magna International, General Motors, US, UGN, CO2, Tier 1, SP, Stellantis, Multimedia, Magna, Toyota Motor North America, DENSO, OEM, Environment, Lear Corporation, Ford Motor Company, Carbon dioxide, Renewable energy, Risk management, Sustainability

WASHINGTON, Dec. 14, 2022 /PRNewswire/ -- The Suppliers Partnership for the Environment (SP) today published an updated version of the guidance document, " Carbon Reduction KPIs, Terms & Definitions ," with the additional support of several leading Tier 1 automotive suppliers.

Key Points: 
  • WASHINGTON, Dec. 14, 2022 /PRNewswire/ -- The Suppliers Partnership for the Environment (SP) today published an updated version of the guidance document, " Carbon Reduction KPIs, Terms & Definitions ," with the additional support of several leading Tier 1 automotive suppliers.
  • As companies in the automotive industry proactively work toward long-term goals of achieving carbon neutrality, it is expected that suppliers take an active role in striving to reduce carbon dioxide (CO2) emissions from their businesses as far as possible.
  • The purpose of this document is to provide general industry-supported guidance to help companies in the automotive value chain in establishing a framework for CO2 reporting and reduction aligned with common industry expectations.
  • This guidance provides us with a solid foundation on common industry expectations and ways to standardize progress on carbon reduction and reporting.

Lear Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, November 15, 2022
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SOUTHFIELD, Mich., Nov. 15, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock.

Key Points: 
  • SOUTHFIELD, Mich., Nov. 15, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock.
  • The dividend is payable on December 27, 2022, to shareholders of record at the close of business on December 7, 2022.
  • Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world.
  • Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 186 on the Fortune 500.

Veteran Auto Industry Executive to Lead Liteborne Motor Corp.

Retrieved on: 
Tuesday, November 1, 2022
Marketing, GLOBE, Industry, COVID-19, Financial condition report, Group, Chrysler, Company, Review, Engineering, General Motors, TAG, Risk, CEO, Saleen, Result, George Sebastian Silzer, EV, Lear Corporation, U.S. Securities and Exchange Commission, Fleet Management System, GPS, Security (finance), MI, Culture, Ford Motor Company, Club Car, Optimism, Skywell, Conversation, Sumathi Best Television Current Reporting Award, Analysis, Annual report, Leadership, News, LMC, Vantage, Wi-Fi, History, TEXT, Sport utility vehicle, Forward-looking statement, BMW, Road, Management, Renewable energy, Satellite navigation device, Richard Wagner, BC

Surrey, BC, Nov. 01, 2022 (GLOBE NEWSWIRE) -- DSG Global. (OTCQB: DSGT) (“DSGT” or the “Company”) Chairman Bob Silzer today announced the appointment of Alan M. Wagner as chief executive officer of the company’s wholly owned subsidiary, Liteborne Motor Corporation™ (LMC), the newly reorganized and rebranded Imperium Motor Company. Mr. Wagner’s extensive expertise and reach across the automotive industry will enable him to work closely with China-based Skywell Automotive Group with which LMC has exclusive rights to distribute its electric vehicles in North America.

Key Points: 
  • (OTCQB: DSGT) (DSGT or the Company) Chairman Bob Silzer today announced the appointment of Alan M. Wagner as chief executive officer of the companys wholly owned subsidiary, Liteborne Motor Corporation (LMC), the newly reorganized and rebranded Imperium Motor Company.
  • According to Wagner, he met Silzer and became acquainted with the Skywell SUV through automotive industry icon Sandy Munro.
  • It was so impressive that when the opportunity arose to lead the company, I was thrilled, said Wagner.
  • Liteborne Motor Corporation has the exclusive rights to distribute the innovative Skywell Automotive Group lineup of electric vehicles (EV) in the North American market.

Lear Launches ReNewKnit™ Sueded Material

Retrieved on: 
Wednesday, October 26, 2022
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SOUTHFIELD, Mich., Oct. 26, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced the company's premium and fully recyclable ReNewKnit™ sueded material will launch in seating and door panel applications with a global automaker in 2024.

Key Points: 
  • SOUTHFIELD, Mich., Oct. 26, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced the company's premium and fully recyclable ReNewKnit sueded material will launch in seating and door panel applications with a global automaker in 2024.
  • ReNewKnit is a Lear exclusive, first-to-market automotive textile that is fully recyclable at its end of life.
  • Manufactured solely with recycled materials at Lear facilities using 100% renewable electricity, ReNewKnit further strengthens the company's sustainable solutions technology portfolio while supporting our carbon reduction goals.
  • Developed by Guilford Performance Textiles by Lear, ReNewKnit will be manufactured at company facilities in the United Kingdom and Poland.

Automotive Interior Materials Market is expected to generate a revenue of USD 46.59 Billion by 2028, Globally, at 4.09% CAGR: Verified Market Research®

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Friday, October 21, 2022
Lear Corporation, Metal, PSA Group, Growth, Grupo Antolin, Daimler, Toyota, Toyota Boshoku, Plastic, Volkswagen, Renault, Leather subculture, Market research, Mitsui Chemicals, Geography, Acquisition, Opel, Borealis, Industry, BMW, Car, Adient, BSW, PSA, USD, BASF, Transport, Thermoplastic, Motor vehicle, Nissan, Celanese

JERSEY CITY, N.J., Oct. 21, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Automotive Interior Materials Market" By Product (Synthetic Leather, Leather, Thermoplastic Polymer, Fabric), By Application (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), and By Geography.

Key Points: 
  • JERSEY CITY, N.J., Oct. 21, 2022 /PRNewswire/ -- Verified Market Research recently published a report, " Automotive Interior Materials Market " By Product (Synthetic Leather, Leather, Thermoplastic Polymer, Fabric), By Application (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), and By Geography.
  • As per the deep research carried out by Verified Market Research, the global Automotive Interior Materials Market size was valued at USD 33.8142 Billion in 2020 and is projected to reach USD 46.59 Billion in 2028, growing at a CAGRof 4.09% from 2021 to 2028.
  • Resources used inside cars' cabins are called automotive interior materials.
  • Verified Market Research has segmented the Global Automotive Interior Materials Market On the basis of Product, Application, and Geography.

Automotive Interior Global Market Report 2022 Featuring Major Players - Adient; Calsonic Kansei; Faurecia SE; Hyundai Mobis; & Lear Corporation - ResearchAndMarkets.com

Retrieved on: 
Monday, October 17, 2022
General Automotive, Other Automotive, Aftermarket, Automotive, Yaris, Lear Corporation, Electronics, Toyota Yaris, Growth, Federation of Automobile Dealers Associations of India, Asia-Pacific, Federation, Lamborghini, Organization, National Automobile Dealers Association, Toyota Boshoku, Acquisition, Safety, Toyota, Transport, Industrial design, Instrumentation

The "Automotive Interior Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Interior Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • Growing demand for luxury vehicles is expected to propel the growth of the automotive interior market going forward.
  • Therefore, an increase in demand for luxury vehicles is driving the growth of the automotive interior market.
  • Major companies operating in the automotive interiors market are introducing new products to sustain their position in the market.

Auto Ventilated Seats Market is forecasted to surpass US$ 14.54 Bn by the end of 2032 - Future Market Insights, Inc.

Retrieved on: 
Thursday, September 29, 2022
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NEWARK, Del., Sept. 29, 2022 /PRNewswire/ -- The global demand for auto-ventilated seats is predicted to expand at a CAGR of 6.2% during the period of study by Future Market Insights. The global auto-ventilated seats market is expected to rise from $7.97 billion in 2022 to $14.5 billion in 2032.

Key Points: 
  • The global auto ventilated seats market is expected to expand due to the development of advanced seating systems for future automobiles.
  • Even though China is currently the largest auto market in the world, its growth has been slowing, making North America the largest auto ventilated seats market.
  • However, the high prices associated with advanced auto seats are raising some anxiety in the auto ventilated seats market.
  • But if consumers aren't interested in buying ventilated seats, the auto ventilated seats market could stagnate.