Lear reports Q3 loss amid supply chain struggles, sees hope past ‘short-term issues'

Lear corp exterior_i.jpg — Lear Corp. lowered its full-year guidance due to continued COVID-19 related headwinds. (Lear via Facebook)

November 02, 2021 03:35 PM

Lear Corp. took a $27 million net income loss on declined sales in the third quarter as supply chain issues and slowed auto production continue to hurt the Southfield-based seating supplier.

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