Lear Chief Provides Look At How Auto Supplier Navigates Tariffs, AI [Forbes]
Lear Corporation (LEA)
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Source: Forbes
But on Wednesday, one of the largest North American-based suppliers discussed how it is addressing key issues such as tariffs, supply chains and artificial intelligence. Lear Corp ., based in the Detroit suburb of Southfield, produces seats and auto electronic systems. “We are talking to every OEM right now,” Ray Scott, the company's president and CEO, said during an Automotive Press Association event at Lear headquarters. “We consider ourselves to be a valuable asset.” Lear is a Tier 1 supplier for original equipment makers, or automakers. Lear is supplied, in turn, by smaller automotive companies. Scott provided a look at the issues it currently is confronting. Tariffs: The Trump administration has levied tariffs on a variety of goods, including vehicles and automotive parts. Such tariffs are paid by companies who import products. The importers often pass along those costs to consumers. The administration's stated goal is to increase U.S. output of vehicles and parts.
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News
- Lear to Participate in the Goldman Sachs 17th Annual Industrials & Autos WeekPR Newswire
- Lear (NYSE:LEA) had its price target raised by analysts at Evercore ISI from $110.00 to $120.00. They now have an "in-line" rating on the stock.MarketBeat
- Lear Declares Quarterly Cash Dividend [Yahoo! Finance]Yahoo! Finance
- Lear declares $0.77 dividend [Seeking Alpha]Seeking Alpha
- Lear Declares Quarterly Cash DividendPR Newswire
LEA
Earnings
- 10/31/25 - Beat
LEA
Sec Filings
- 11/21/25 - Form 4
- 11/21/25 - Form 4
- 11/21/25 - Form 4
- LEA's page on the SEC website