Biyernes, Oktubre 25, 2019

Lear lowers '19 forecast, reports $525M revenue loss from GM strike

Seating and electronic systems supplier Lear said its third-quarter net income fell nearly 15 percent to $216 million. "Each week of the strike now is $70 [million to] $75 million of lost revenue," CEO Ray Scott said of the monthlong UAW walkout at GM.



from Section Page News - Automotive News https://ift.tt/31NNfMM via Falls Church auto repair

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