Lear lowers '19 forecast, says GM strike has cost $70-75 million a week
Auto October 25, 2019, 0 Comment 6Seating 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 six-week UAW walkout at GM.
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