Lear Corporation - LEA- Profile

Lear Corporation. The Group's principal activity is to design, manufacture and supply interior systems and components for automobiles and light trucks. The Group operates through three segments. The Seating segment manufactures, assembles and supplies vehicle-seating requirements. The Interior segment manufactures, assembles and supplies interior systems and components. The Electronic and Electrical segment manufactures electronic products and electrical distribution systems, primarily wire harnesses, wireless systems and interior control systems. The major customers of the Group are General Motors, Ford, Daimler-Chrysler, BMW, PSA, Fiat, Volkswagen, Renault-Nissan, Mazda, Toyota, Subaru and Hyundai. The Group operates in the United States, Europe, Central America, South Africa and Asia. Seating System accounted for 65% of 2006 revenues; Interior System, 18% and Electronic and Electrical System, 17%