Lear Honored by GM as a 2009 Supplier of the Year

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Mar 30, 2010, 10:08 ET

SOUTHFIELD, Mich., March 30 /PRNewswire-FirstCall/ -- Lear Corporation (NYSE: LEA) was recently awarded General Motors 2009 Supplier of the Year award for its significant contributions to GM's global product and performance achievements. The 18th annual award was presented to Lear during ceremonies March 11 at the GM Design Dome in Warren, Mich.

"The Supplier of the Year award is always special but those suppliers recognized this year have risen above and beyond the call during one of the most challenging years in GM history," said Bob Socia, vice president, Global Purchasing and Supply Chain. "Lear belongs on what is truly a world-class list of suppliers."

"This award from General Motors is especially meaningful because of the challenges that 2009 presented to the automotive industry and to Lear specifically," said Bob Rossiter, Lear's Chairman, CEO and President. "I want to congratulate the entire Lear team for being instrumental in earning this honor for the sixth consecutive year and once again meeting GM's high performance standards set forth in qualifying as a GM Supplier of the Year."

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of purchasing, engineering, quality, manufacturing and logistics executives who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 76 suppliers for their outstanding performance throughout 2009.

Lear Corporation is one of the world's largest suppliers of automotive seating systems and electrical power management systems. The Company's world-class products are designed, engineered and manufactured by a diverse team of 75,000 employees at 197 facilities in 36 countries. Lear's headquarters are in Southfield, Michigan, and Lear is traded on the New York Stock Exchange under the symbol [LEA]. Further information about Lear is available at www.lear.com.

SOURCE Lear Corporation