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Newsroom Lear Honored by GM as a 2006 Supplier of the Year


SOUTHFIELD, Mich., April 3 /PRNewswire-FirstCall/ -- Lear Corporation (NYSE: LEA), was presented the General Motors 2006 Supplier of the Year award for its overall business performance in providing GM with world-class parts and services. The 15th annual award -- themed the "Best of the Best" -- was given during ceremonies Saturday, March 31 at the JW Marriott Orlando Grande Lakes in Orlando, Fla.

"We are proud to honor Lear as one of the 'Best of the Best' GM suppliers in 2006," said Bo Andersson, GM group vice president, Global Purchasing and Supply Chain. "Lear achieved the award based on outstanding performance in 2006. We appreciate their energy, hard work and dedication to the success of GM."

Lear was named Supplier of the Year for Global Seating Systems. Lear has supported GM in successfully launching 21 programs worldwide this year and Lear continues to focus on superior quality, applying lessons learned for each progressive launch and sharing best practices around the world. In 2006, Lear delivered significant savings with the flawless execution of GM's product launches as well as ongoing technical cost reduction.

"Quality and service go hand in hand and these attributes are ingrained in our corporate culture," said Bob Rossiter, Lear Chairman and CEO. "The Lear team appreciates being acknowledged as a Supplier of the Year and we are committed to continuous improvement in our relationship with GM."

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 89 suppliers for their outstanding performance throughout 2006.

Lear Corporation is one of the world's largest suppliers of automotive interior systems and components. Lear provides complete seating systems, electronic products and electrical distribution systems. In 2006, Lear ranked #127 among the Fortune 500. Lear's world-class products are designed, engineered and manufactured by a diverse team of more than 90,000 employees at 242 facilities in 33 countries. Lear's headquarters are in Southfield, Michigan. Lear is traded on the New York Stock Exchange under the symbol [LEA]. Further information about Lear is available on the Internet at

SOURCE: Lear Corporation

CONTACT: Investor Relations, Ed Lowenfeld, +1-248-447-4380, or Media,
Andrea Puchalsky, +1-248-447-1651, both of Lear Corporation

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Posted on 4/3/2007

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