Lear Corporation Earns Industry Leaders' Accolades as

In the automotive industry, where the competition heats up on a daily basis, honors aren't easy to come by. So when your company is named the "best of the best" by customers, you know your hard work is paying off. Lear Corporation (NYSE: LEA), recipient of the Automotive Industries Magazine and PricewaterhouseCoopers "Quest for Excellence" award, is reaping the rewards of its hard work. The 2nd annual award, based on a survey of automotive industry professionals involved in design, engineering, manufacturing, purchasing and management, is a ranking of automotive suppliers by their customers. Named "The Best of the Best" both as a System Integrator and for Electronic Systems, Lear was recognized for outstanding quality, price, delivery, service and innovation. This award speaks loud and clear of Lear's ability to provide its global customers not only with complete interior systems but world-class electronic and electrical products and integration capabilities as well. "This recognition is a great honor and shows the success of our focus on serving our customers," said D. William Pumphrey, the newly appointed president of the Lear Electronics and Electrical Division (LEED). "And it is that type of commitment and the teamwork of our people that allows us to meet their requirements. This award shows we are not only meeting but exceeding expectations." Lear Corporation, a Fortune 200 company headquartered in Southfield, Michigan, is one of the world's largest automotive suppliers, with 1998 proforma sales of more than $12 billion. The company's world-class products are designed, engineered and manufactured by more than 100,000 employees in over 300 facilities located in 33 countries. Information about Lear and its products is available on the Internet at http://www.lear.com ots Original Text Service: Lear Corporation Internet: http://www.newsaktuell.de Contact: Karen Stewart, Director - Corporate Communications of Lear, (USA) 248-447-1651 Company News On-Call: http://www.prnewswire.com/comp/518304.html or fax, (USA) 800-758-5804, ext. 518304 Web site: http://www.lear.com

Keywords PROTEXT-Lear Corporation

Region
USA, Canada, U.N.

Category
Automotive industry, transport and machinery

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