TRAVERSE CITY, Michigan -- Lear Corp. is looking for acquisitions of as much as $1 billion for its electrical unit as automakers' demand for global vehicle platforms drives consolidation among their suppliers.
TRAVERSE CITY, Michigan -- Lear Corp. is looking for acquisitions of as much as $1 billion for its electrical unit as automakers' demand for global vehicle platforms drives consolidation among their suppliers.
Trade groups and automotive executives are sounding the alarm that a curb on rare earth metals from China could lead to production disruptions worse than the microchip shortage.