Lear Supplier Summit 2025

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Core operating earnings were $1,096 million, or 4.7% of sales, as compared to $1,120 million, or 4.8% of sales, in 2023. Earnings were impacted by lower production on key Lear platforms, partially offset by positive operating performance and the addition of new business.
As a leading global tier 1 automotive supplier, Lear works with a diverse group of vendors and suppliers to meet the needs of our customers.
Leveraging Seating E-Systems design, engineering and manufacturing expertise, Lear provides personalized user experiences through the deployment of advanced technologies that make every product, every experience and every drive, better.
Lear, a global automotive technology leader in Seating and E-Systems, is Making every drive better by delivering intelligent in-vehicle experiences for customers around the world.
Tier 1 suppliers are companies that supply parts or systems directly to OEMs. These suppliers usually work with a variety of car companies, but they? re often tightly coupled with one or two OEMs, and have more of an arms-length relationship with other OEMs.
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Lear is once again honored to be recognized by General Motors. Winning this award for the 23rd time and every year since 2017 demonstrates the strong collaboration we have with one of our longest-standing and valued customers, said Ray Scott, Lear President and CEO.
Tier 1 Suppliers: These are direct suppliers of the final product. Tier 2 suppliers: These are suppliers or subcontractors for your tier 1 suppliers. Tier 3 suppliers: These are suppliers or subcontractors for your tier 2 suppliers.

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