Lear Corp. Announces Opening Of A New World-Class Automotive Electrical Wiring Plant in Kenitra, Morocco
The new Kenitra plant will complement Lear’s other facilities in Morocco that produce automotive electrical distribution systems and electronic components such as junction boxes and electronic modules as well as automotive seating.
Lear Corp. Appoints Richard Bott To Board Of Directors
While at Credit Suisse First Boston, Bott led the firm’s Chrysler team in the recapitalization of the company in the early 1990s and in the merger of Chrysler with Daimler-Benz in 1998.
Lear Corp. To Construct Automotive Wiring Facility In Morocco
Lear currently operates three plants in Morocco, including two in Tangier for electrical wiring systems and automotive seating and one in Rabat, supplying industry-leading electronics such as battery chargers and gateway modules to European automakers including BMW, Renault and Volkswagen.
Lear Corp. and Transense to Develop Batteryless Tire Pressure Monitoring Systems
Lear Corp. has signed a license agreement with Transense Technologies plc to integrate Transense’s batteryless Tire Pressure Monitoring System (TPMS) technology with Lear’s Remote Keyless Entry receiver (RKE) technology.
Littelfuse Named Hall of Fame Supplier by Lear Corp.
Circuit protection products maker Littelfuse has been named a “Hall of Fame” supplier by the Lear Corp. The Southfield, Mich.-based auto-interior supplier annually awards manufacturers for their dedication to helping make Lear a continuing success.
Lear Corp. Appoints Henry Wallace to Board of Directors
Retired Ford senior executive Henry D. G. Wallace has been appointed to Lear Corp.’s board of directors. Wallace retired from Ford Motor Co. in 2001, following a 30-year career with the automaker. He recently served as group vice president and CFO, and he held numerous other senior level positions, including group vice president, Asia Pacific Operations, president of Mazda Motor Corp., vice president European Strategic Planning, president, Ford Venezuela and controller, Ford Mexico.
Kukui Corp. Joins Forces With ClearMechanic
Partnership aims to help Kukui customers increase repair orders.
KYB Americas Corp. Announces New Quarterly e-Learning Newsletter
The newsletter was created to be a key support component of KYB’s Certified Ride Control Center Program and is intended to broaden the communication link between KYB and professional automotive service providers across the U.S. and Canada.
LKQ Corp. Receives Clearance for Keystone Acquisition and Announces Proposed Common Stock Offering
CHICAGO — LKQ Corp. has announced that it has received clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR), in connection with its pending acquisition of Keystone Automotive Industries, Inc. The waiting period under HSR expired on Sept. 4. Expiration of the HSR waiting period was a condition to completion of the acquisition. The
LKQ Corp. Announces Q4, Full Year 2023 Results
President and CEO Dominick Zarcone expressed satisfaction with the company’s results amid macroeconomic challenges.
