Lear Corporation: Geographical Expansion & Local Partnerships in China To Catalyze Growth! 

Lear Corporation, a global leader in automotive seating and electrical systems, reported third-quarter earnings for the year 2024, demonstrating resilience despite a challenging production environment marked by widespread industry production declines. The company generated revenue of $5.6 billion, a modest decrease from the previous year, attributed to lower production volumes on Lear platforms, which was partly offset by the addition of new business in both of its key business segments, Seating and E-Systems.