This document summarizes an automotive industry conference presentation by Lear Corporation, a leading automotive interior supplier. The presentation discusses key industry trends such as increasing consumer demand for interior features and automakers' focus on interior quality. It notes that automotive interiors are the fastest growing industry segment. Lear outlines its strategy to capitalize on this growth through expanding its global presence, improving its European business, and leveraging its North American leadership in total interior integration. The presentation highlights Lear's record sales backlog and recent major contract wins that position it for continued profitable global growth in the high-growth interior systems market.
This document provides an overview of Lear Corporation's 2004 Annual Meeting of Shareholders. It includes sections on the Americas review, international review, and financial review. Some key points:
- Lear is a leading global automotive interior supplier with $15.7 billion in annual sales and operations in over 30 countries.
- The Americas division reported $9.6 billion in sales and improvements in quality, customer satisfaction surveys, and reductions in defects.
- The international division reported sales in Europe and Asia representing one-third of global sales, with operations in 27 countries and improvements in quality.
- The financial review highlighted record sales and income for 2003 with a continued focus on profitable growth, improving
The 2009 strategic alliance between Chrysler and Fiat provided both companies opportunities to address weaknesses. Chrysler gained access to Fiat's fuel efficient vehicle platforms and technology to comply with its government bailout conditions, while Fiat gained entry into the lucrative North American market. However, challenges integrating the corporate cultures and brands exist. The alliance allowed both companies to survive the economic crisis but synergies have been slow to realize. Fiat has continued restructuring in Europe with job cuts due to financial losses while Chrysler's new Dart model from the alliance has struggled with slow sales.
Chrysler is a viable business on a stand-alone basis. Our future is further enhanced through the proposed global alliance with Fiat.
Here are the benefits that this strategic alliance with Fiat would bring to Chrysler and consumers.
A half-billion vehicles over 106 years equals billions in commerce, payroll, investments and infrastructure in communities all over the world. For customers, these vehicles played roles in weddings, family vacations, graduations, new businesses and countless milestones along life’s journey.
Cummins Inc. is a global power leader focused on designing, manufacturing, distributing and servicing diesel and natural gas engines and engine-related component products. The document discusses Cummins' four business segments - Engine, Components, Distribution and Power Generation - and highlights Cummins' commitment to emissions standards, geographic and product diversity, and improved operations as reasons its performance should outweigh cyclical weakness in truck and engine markets. Risks include potential delays in emissions regulations and economic slowdowns.
The document discusses the 2009 strategic alliance between Chrysler and Fiat. Fiat took a 20% stake in Chrysler after the company received billions in government bailout loans. The alliance allowed both companies to benefit - Chrysler could continue operating while Fiat gained entry to the North American market. Key points of the alliance included Fiat introducing its brands like Fiat, Alfa Romeo, and Dodge to the US. The alliance has proven successful, with Chrysler paying back its government loans and both companies experiencing increased sales and profits in recent years.
This presentation offers a high-level strategy to allow FIAT to successfully market small, efficient cars to North American consumers.
It is not complete as such, but intended to stimulate dialogue and additional ideas.
This document provides an overview of Lear Corporation's 2004 Annual Meeting of Shareholders. It includes sections on the Americas review, international review, and financial review. Some key points:
- Lear is a leading global automotive interior supplier with $15.7 billion in annual sales and operations in over 30 countries.
- The Americas division reported $9.6 billion in sales and improvements in quality, customer satisfaction surveys, and reductions in defects.
- The international division reported sales in Europe and Asia representing one-third of global sales, with operations in 27 countries and improvements in quality.
- The financial review highlighted record sales and income for 2003 with a continued focus on profitable growth, improving
The 2009 strategic alliance between Chrysler and Fiat provided both companies opportunities to address weaknesses. Chrysler gained access to Fiat's fuel efficient vehicle platforms and technology to comply with its government bailout conditions, while Fiat gained entry into the lucrative North American market. However, challenges integrating the corporate cultures and brands exist. The alliance allowed both companies to survive the economic crisis but synergies have been slow to realize. Fiat has continued restructuring in Europe with job cuts due to financial losses while Chrysler's new Dart model from the alliance has struggled with slow sales.
Chrysler is a viable business on a stand-alone basis. Our future is further enhanced through the proposed global alliance with Fiat.
Here are the benefits that this strategic alliance with Fiat would bring to Chrysler and consumers.
A half-billion vehicles over 106 years equals billions in commerce, payroll, investments and infrastructure in communities all over the world. For customers, these vehicles played roles in weddings, family vacations, graduations, new businesses and countless milestones along life’s journey.
Cummins Inc. is a global power leader focused on designing, manufacturing, distributing and servicing diesel and natural gas engines and engine-related component products. The document discusses Cummins' four business segments - Engine, Components, Distribution and Power Generation - and highlights Cummins' commitment to emissions standards, geographic and product diversity, and improved operations as reasons its performance should outweigh cyclical weakness in truck and engine markets. Risks include potential delays in emissions regulations and economic slowdowns.
The document discusses the 2009 strategic alliance between Chrysler and Fiat. Fiat took a 20% stake in Chrysler after the company received billions in government bailout loans. The alliance allowed both companies to benefit - Chrysler could continue operating while Fiat gained entry to the North American market. Key points of the alliance included Fiat introducing its brands like Fiat, Alfa Romeo, and Dodge to the US. The alliance has proven successful, with Chrysler paying back its government loans and both companies experiencing increased sales and profits in recent years.
This presentation offers a high-level strategy to allow FIAT to successfully market small, efficient cars to North American consumers.
It is not complete as such, but intended to stimulate dialogue and additional ideas.
Complete 2012 GMC Yukon brochure, including specifications and available options, available for download. Visit Bob Hastings Buick-GMC at www.bobhastings.com for more information.
The document is an advertisement for Ford E-Series trucks. It provides information about the history of the E-Series over 50 years, current models of vans and wagons that can accommodate up to 15 passengers, and features that help with productivity and towing capabilities. It also mentions special anniversary and ambulance packages available and provides specifications for different van models.
The document provides information on the 2009 Chevrolet Tahoe, Suburban, and Avalanche SUVs and pickup trucks. It highlights their fuel efficiency, powerful engines, towing and cargo capacity, and safety features. It also describes new hybrid and fuel-efficient models for 2009 and emphasizes the vehicles' flexibility and ability to meet the needs of customers.
Fiat Chrysler Q4 & FY 2013 Results ReviewAutoblog.it
Fiat reported financial results for Q4 and full year 2013. Key highlights included worldwide shipments increasing 3% to 4.4 million units, revenues of €87 billion, trading profit of €3.4 billion, and net profit of €2.0 billion which included unusual items. Net industrial debt increased slightly to €6.6 billion while total available liquidity was €22.7 billion. Guidance for 2014 anticipated revenues of around €93 billion and trading profit in the range of €3.6-4.0 billion.
The document provides a summary of a presentation given by Chip McClure, Chairman and CEO of ArvinMeritor, and Jay Craig, Senior VP and CFO, at the JPMorgan Harbour Conference on August 13, 2008. The presentation discusses ArvinMeritor's business portfolio and strategy, including growing its most profitable sub-segments through product development and acquisitions, controlling costs through operational improvements, and creating shareholder value through business transformation initiatives like divestitures and the planned spin-off of its Light Vehicle Systems business.
Robert Lutz plans to start an American luxury sports car company called Cunningham Motors without building a factory. Cunningham will be a "virtual" company, contracting with other organizations to handle engineering, production, and assembly. The company plans to sell about 600 cars per year, the Cunningham C7, a $250,000 luxury grand tourer inspired by 1950s racing designs. By keeping overhead low and collaborating with partners, Lutz hopes to succeed where other startup car companies have failed.
The document provides information on the all-new 2011 Ford Super Duty, including its tested powertrains and transmission. It highlights the following key points in 3 sentences:
1) The all-new 6.7L Power Stroke V8 Turbo Diesel engine delivers class-leading horsepower and torque along with improved fuel economy compared to previous models.
2) The new 6.2L V8 gas engine also provides best-in-class power while achieving up to 15% better fuel economy.
3) The document details how both engines and the new TorqShift 6-speed automatic transmission underwent extensive testing of over 10 million cumulative miles to ensure reliability and durability.
2012 Toyota Camry For Sale MI | Toyota Dealer Near Green BayRiverside Toyota
2012 Toyota Camry brochure provided by Riverside Toyota of Marquette located near Green Bay. Find the 2012 Toyota Camry for sale in Michigan. Call us about our current sales and incentives at (866) 982-0275. http://www.riversidetoyotamarquette.com
This document provides an agenda and summaries from Lear Corporation's 2005 Annual Meeting of Shareholders. The agenda includes presentations on the company's strategic and financial review, and operating reviews of their Americas and International segments. Key points from the presentations include that Lear has rapidly grown sales from $3.1 billion in 1994 to $17 billion in 2004 through strategic acquisitions and diversification. They have also reduced debt levels and improved profitability in recent years. However, results in 2005 are expected to be negatively impacted by adverse platform mix and lower industry production volumes and higher raw material costs.
The document provides an overview of Lear Corporation's presentation at the 2004 UBS Paris Auto Show Investor Conference. [1] It discusses key industry trends such as increasing consumer demand for interior features and integration. [2] Lear outlines its strategic evolution from a supplier of seat components to a total interior systems provider. [3] The presentation highlights Lear's global growth strategy, operational excellence initiatives, and progress reducing its debt levels.
Gm Events & Presentations The Case For Federal Support For Gm And The U.S. Au...Manya Mohan
The document makes the case for federal support of GM and the U.S. automotive industry during the economic crisis. It argues that GM has taken significant actions to restructure costs and improve products, but the credit crisis is severely impacting auto sales and access to financing. A bankruptcy filing would be catastrophic and lead to millions of job losses. GM needs temporary liquidity support to continue operations and technology investments through the downturn while executing its long-term plan to build a competitive company.
johnson controls 02/11/2009 Barclays Capital Industrial Select Conference finance8
Johnson Controls presented at the Barclays Industrial Goods Conference in February 2008. They discussed significant declines expected in North American and European automotive production in 2009. Johnson Controls has three main business segments - Automotive Experience, Power Solutions, and Building Efficiency. Automotive Experience and Power Solutions were expected to face challenges from the decreased production volumes, but both had strong backlogs of new business which could help offset difficulties. Power Solutions also derived most of its sales from the more stable aftermarket business.
GM_Events & Presentations_The Case for Federal Support for GM and the U.S. Au...Manya Mohan
The document makes the case for federal support of GM and the U.S. automotive industry during the economic crisis. It argues that GM has taken significant actions to reduce costs and improve products, but the credit crisis has severely weakened auto sales and access to financing. A bankruptcy filing would be catastrophic and lead to millions of job losses. GM needs temporary liquidity support to cover operating expenses until market conditions stabilize so it can continue its long term plan to build a successful and sustainable company.
The document discusses efforts made to research Chevrolet, including searching data for over 40 hours, meeting with the sales head of Chevrolet BBSR Branch, consulting a professor about Chevrolet's history, and getting help from a friend to obtain data from Chevrolet. It also mentions spending over 3 days typing up the collected data.
This document summarizes Morgan Stanley's Global Automotive Seminar held on March 21, 2005. The agenda includes strategic overviews from the Chairman & CEO and CFO, as well as a presentation on shareholder value from the Vice Chairman. Highlights note Lear's customer-focused strategy has delivered growth but near-term results are negatively impacted by difficult industry conditions. The longer-term outlook remains positive. The document then provides more details on Lear's strategic evolution, financial performance, approach to mitigating costs, new model changeovers, and balanced approach to long-term shareholder value creation.
Industy Case Study-The Global Automotive Manufacturing SectorKevin Rivas De Paz
The automotive manufacturing industry is large and global, with the top 5 firms accounting for 70% of the market. Technological innovation is constant, with new features like autonomous vehicles being developed. Barriers to entry are high due to capital requirements and established firms' advantages. Costs such as materials, wages, and R&D account for the majority of expenses. Firms differentiate through technological features, vehicle types, and brand reputation. Vertical integration and diversification allow companies to cut costs and expand their product offerings.
This document summarizes two studies on automotive aftermarket trends:
1) The repair "sweet spot" of vehicles aged 6-10 years is growing, with the average repair cost increasing as well for these vehicles.
2) Domestic cars are getting older on average, reaching over 12 years of age by 2012, making them the only vehicle group increasing in age and decreasing in number.
3) As domestic cars continue aging, it will have implications for the aftermarket like lower maintenance levels, more demand for value parts, and more DIY repairs, increasing the aftermarket's reliance on domestic light trucks.
This document provides an overview of an industrial technology conference presentation by R.W. Baird. The presentation discusses trends in the automotive interior industry, Lear Corporation's strategic evolution, and financial updates.
Key points include:
1) The automotive interior industry is the fastest growing segment and consumers are demanding more interior features.
2) Lear has strategically evolved from a seat components supplier to a total interior systems integrator, and has diversified its geographic, customer, and product mixes.
3) Lear is focused on aggressively expanding in Asia and with Asian automakers globally, and leveraging its leadership in North American interiors to profitably grow its business worldwide.
Analysis of Japanese entry in USA automobile industrySuyash Sharma
What are the reasons behind the rise in the presence of Japanese manufacturers in USA automobile industry?
This presentation explores the various channels and the best practices which helped them gain a competitive edge in the markets and led them to gain market share.
The document summarizes Lear Corporation's presentation at the 2006 Paris Auto Show JPMorgan Investor Conference. It discusses Lear's strategic evolution from an automotive seat manufacturer to an interior systems supplier. It also reviews Lear's financial performance, global competitiveness improvements through restructuring initiatives, new product innovations, and customer awards. Major launches for the second half of 2006 and 2007 are highlighted for North America, Europe, and Asia.
Complete 2012 GMC Yukon brochure, including specifications and available options, available for download. Visit Bob Hastings Buick-GMC at www.bobhastings.com for more information.
The document is an advertisement for Ford E-Series trucks. It provides information about the history of the E-Series over 50 years, current models of vans and wagons that can accommodate up to 15 passengers, and features that help with productivity and towing capabilities. It also mentions special anniversary and ambulance packages available and provides specifications for different van models.
The document provides information on the 2009 Chevrolet Tahoe, Suburban, and Avalanche SUVs and pickup trucks. It highlights their fuel efficiency, powerful engines, towing and cargo capacity, and safety features. It also describes new hybrid and fuel-efficient models for 2009 and emphasizes the vehicles' flexibility and ability to meet the needs of customers.
Fiat Chrysler Q4 & FY 2013 Results ReviewAutoblog.it
Fiat reported financial results for Q4 and full year 2013. Key highlights included worldwide shipments increasing 3% to 4.4 million units, revenues of €87 billion, trading profit of €3.4 billion, and net profit of €2.0 billion which included unusual items. Net industrial debt increased slightly to €6.6 billion while total available liquidity was €22.7 billion. Guidance for 2014 anticipated revenues of around €93 billion and trading profit in the range of €3.6-4.0 billion.
The document provides a summary of a presentation given by Chip McClure, Chairman and CEO of ArvinMeritor, and Jay Craig, Senior VP and CFO, at the JPMorgan Harbour Conference on August 13, 2008. The presentation discusses ArvinMeritor's business portfolio and strategy, including growing its most profitable sub-segments through product development and acquisitions, controlling costs through operational improvements, and creating shareholder value through business transformation initiatives like divestitures and the planned spin-off of its Light Vehicle Systems business.
Robert Lutz plans to start an American luxury sports car company called Cunningham Motors without building a factory. Cunningham will be a "virtual" company, contracting with other organizations to handle engineering, production, and assembly. The company plans to sell about 600 cars per year, the Cunningham C7, a $250,000 luxury grand tourer inspired by 1950s racing designs. By keeping overhead low and collaborating with partners, Lutz hopes to succeed where other startup car companies have failed.
The document provides information on the all-new 2011 Ford Super Duty, including its tested powertrains and transmission. It highlights the following key points in 3 sentences:
1) The all-new 6.7L Power Stroke V8 Turbo Diesel engine delivers class-leading horsepower and torque along with improved fuel economy compared to previous models.
2) The new 6.2L V8 gas engine also provides best-in-class power while achieving up to 15% better fuel economy.
3) The document details how both engines and the new TorqShift 6-speed automatic transmission underwent extensive testing of over 10 million cumulative miles to ensure reliability and durability.
2012 Toyota Camry For Sale MI | Toyota Dealer Near Green BayRiverside Toyota
2012 Toyota Camry brochure provided by Riverside Toyota of Marquette located near Green Bay. Find the 2012 Toyota Camry for sale in Michigan. Call us about our current sales and incentives at (866) 982-0275. http://www.riversidetoyotamarquette.com
This document provides an agenda and summaries from Lear Corporation's 2005 Annual Meeting of Shareholders. The agenda includes presentations on the company's strategic and financial review, and operating reviews of their Americas and International segments. Key points from the presentations include that Lear has rapidly grown sales from $3.1 billion in 1994 to $17 billion in 2004 through strategic acquisitions and diversification. They have also reduced debt levels and improved profitability in recent years. However, results in 2005 are expected to be negatively impacted by adverse platform mix and lower industry production volumes and higher raw material costs.
The document provides an overview of Lear Corporation's presentation at the 2004 UBS Paris Auto Show Investor Conference. [1] It discusses key industry trends such as increasing consumer demand for interior features and integration. [2] Lear outlines its strategic evolution from a supplier of seat components to a total interior systems provider. [3] The presentation highlights Lear's global growth strategy, operational excellence initiatives, and progress reducing its debt levels.
Gm Events & Presentations The Case For Federal Support For Gm And The U.S. Au...Manya Mohan
The document makes the case for federal support of GM and the U.S. automotive industry during the economic crisis. It argues that GM has taken significant actions to restructure costs and improve products, but the credit crisis is severely impacting auto sales and access to financing. A bankruptcy filing would be catastrophic and lead to millions of job losses. GM needs temporary liquidity support to continue operations and technology investments through the downturn while executing its long-term plan to build a competitive company.
johnson controls 02/11/2009 Barclays Capital Industrial Select Conference finance8
Johnson Controls presented at the Barclays Industrial Goods Conference in February 2008. They discussed significant declines expected in North American and European automotive production in 2009. Johnson Controls has three main business segments - Automotive Experience, Power Solutions, and Building Efficiency. Automotive Experience and Power Solutions were expected to face challenges from the decreased production volumes, but both had strong backlogs of new business which could help offset difficulties. Power Solutions also derived most of its sales from the more stable aftermarket business.
GM_Events & Presentations_The Case for Federal Support for GM and the U.S. Au...Manya Mohan
The document makes the case for federal support of GM and the U.S. automotive industry during the economic crisis. It argues that GM has taken significant actions to reduce costs and improve products, but the credit crisis has severely weakened auto sales and access to financing. A bankruptcy filing would be catastrophic and lead to millions of job losses. GM needs temporary liquidity support to cover operating expenses until market conditions stabilize so it can continue its long term plan to build a successful and sustainable company.
The document discusses efforts made to research Chevrolet, including searching data for over 40 hours, meeting with the sales head of Chevrolet BBSR Branch, consulting a professor about Chevrolet's history, and getting help from a friend to obtain data from Chevrolet. It also mentions spending over 3 days typing up the collected data.
This document summarizes Morgan Stanley's Global Automotive Seminar held on March 21, 2005. The agenda includes strategic overviews from the Chairman & CEO and CFO, as well as a presentation on shareholder value from the Vice Chairman. Highlights note Lear's customer-focused strategy has delivered growth but near-term results are negatively impacted by difficult industry conditions. The longer-term outlook remains positive. The document then provides more details on Lear's strategic evolution, financial performance, approach to mitigating costs, new model changeovers, and balanced approach to long-term shareholder value creation.
Industy Case Study-The Global Automotive Manufacturing SectorKevin Rivas De Paz
The automotive manufacturing industry is large and global, with the top 5 firms accounting for 70% of the market. Technological innovation is constant, with new features like autonomous vehicles being developed. Barriers to entry are high due to capital requirements and established firms' advantages. Costs such as materials, wages, and R&D account for the majority of expenses. Firms differentiate through technological features, vehicle types, and brand reputation. Vertical integration and diversification allow companies to cut costs and expand their product offerings.
This document summarizes two studies on automotive aftermarket trends:
1) The repair "sweet spot" of vehicles aged 6-10 years is growing, with the average repair cost increasing as well for these vehicles.
2) Domestic cars are getting older on average, reaching over 12 years of age by 2012, making them the only vehicle group increasing in age and decreasing in number.
3) As domestic cars continue aging, it will have implications for the aftermarket like lower maintenance levels, more demand for value parts, and more DIY repairs, increasing the aftermarket's reliance on domestic light trucks.
This document provides an overview of an industrial technology conference presentation by R.W. Baird. The presentation discusses trends in the automotive interior industry, Lear Corporation's strategic evolution, and financial updates.
Key points include:
1) The automotive interior industry is the fastest growing segment and consumers are demanding more interior features.
2) Lear has strategically evolved from a seat components supplier to a total interior systems integrator, and has diversified its geographic, customer, and product mixes.
3) Lear is focused on aggressively expanding in Asia and with Asian automakers globally, and leveraging its leadership in North American interiors to profitably grow its business worldwide.
Analysis of Japanese entry in USA automobile industrySuyash Sharma
What are the reasons behind the rise in the presence of Japanese manufacturers in USA automobile industry?
This presentation explores the various channels and the best practices which helped them gain a competitive edge in the markets and led them to gain market share.
The document summarizes Lear Corporation's presentation at the 2006 Paris Auto Show JPMorgan Investor Conference. It discusses Lear's strategic evolution from an automotive seat manufacturer to an interior systems supplier. It also reviews Lear's financial performance, global competitiveness improvements through restructuring initiatives, new product innovations, and customer awards. Major launches for the second half of 2006 and 2007 are highlighted for North America, Europe, and Asia.
Automotive: Innovative Frugal Engineering Holds The KeyAchal Raghavan
The document discusses opportunities for innovation in the global automotive industry given its current difficulties. It suggests that Indian "frugal engineering" could show the way forward through approaches like making cars upgradeable with replaceable fuel-efficient modules rather than requiring new cars, and downsizing cars without losing interior space like the Tata Nano. This could help address excess industry capacity and make transportation more sustainable and affordable.
This document contains the agenda and presentation slides for Lear Corporation's 2005 Detroit Auto Conference. Some key points:
1) Lear provides an overview of its global business and strategy, noting challenging business conditions but a focus on profitable growth.
2) Financial highlights include a $3.8 billion three-year sales backlog and a solid 2005 financial outlook with an increased dividend.
3) The operating review discusses mitigating higher raw material costs, quality improvements, new investments, and major 2005 product launches.
4) Financial guidance for 2005 assumes slightly higher North American but stable European vehicle production volumes.
Automotive Market – Volume Stagnation Executive Summary
> On the powertrain side, the development of e-mobility is gaining a lot of momentum – while technological hurdles prevail and a convincing business case for the end customer is nowhere close to accomplishment yet, tightened emission regulations by (supra-)national and local bodies will likely have a catalytic impact over the coming years > I expect the market for electrified vehicles to multiply by a factor of 7-10x over the next decade – leading to substantial growth potential for e-powertrain component suppliers while driving the traditional combustion engine segment more and more into a commodity corner > At the same time, autonomous driving is becoming a reality – with OEMs as well as new players combining it with vehicle connectivity (and potentially e-mobility), I expect that completely new business models for automobile usage and ownership will emerge within the next ten years > Suppliers will face a market for assisted/automated driving components that is expected to grow by a factor of five until 2025– at the same time, they will likely face fierce competition from new players formerly outside of the automotive supplier industry keen to capture that revenue and profit pool > M&A is expected to grow in relevance for automotive suppliers to permit them to gain a technological edge in a faster moving environment or to maintain a (scale-driven) competitive edge in those segments gradually losing ground given the industry changes – However, the complexity of acquisition-led growth will continue to be substantial due to intense competition for attractive targets, high price levels and the challenges of global post-merger integrations > Ultimately, this more volatile and rapidly changing environment requires suppliers to speed up their flexibility and agility in developing (and running) their business – thinking well ahead of the next vehicle generation, scenario planning and a more innovative approach to product development will be crucial success factors for companies in paint/bodyshop/powertrain business need to partner with material and technology innovators to be among the top performers of the future, even a higher vertical integration needs to be considered to survive disruptive trends.
The document describes a concept for a compact electric car. It includes details about the proposed design such as its urban focus, use of wind power, performance specifications, charging capabilities using wind turbine technology, and recyclable lithium-ion batteries. It also discusses the car's technical features, interior design, competitors in various markets, and the roles of the project team members in bringing the concept to reality.
Indian Automotive Industry Presentation 010709Workosaur.com
The document provides an overview of the Indian automotive industry. It discusses the evolution of the industry from a closed market pre-1983 to its current state with global major automakers establishing assembly plants in India. It notes that the industry has grown to produce over 10 million vehicles annually. It also summarizes key segments, with two-wheelers accounting for 74% of production and having grown at a 9.6% CAGR, while passenger vehicles make up 16.3% and have increased at a 19.5% CAGR. The two-wheeler market is dominated by motorcycles, though scooter segments are shrinking.
This document provides an overview of Winnebago Industries and the RV industry:
1) Winnebago Industries manufactures motorhomes and towables under several brands and has a vertically integrated manufacturing process and strong dealer network.
2) The company has a leading market share in the Class A and C motorhome segments in the US and Canada.
3) Factors that differentiate Winnebago include its strong brands known for quality, vertical integration, and exceptional aftermarket support.
4) The company also manufactures travel trailers and fifth wheels under the SunnyBrook and Winnebago brands, with a strategy to grow its towables market share.
Automotive Intelligence for Professionals: The EV / AV AutoBook includes company profiles of OEM car makers, multinational and local automotive parts suppliers as well as organizations, media and exhibitions.
It also includes detailed statistics about Automotive sales, market share and OEM capacities.
The EV / AV AutoBook helps you to identify new customers in the Automotive industry and provides key contact information.
This document provides consolidated financial highlights for Burlington Northern Santa Fe Corporation for the years 1991-1995. Some key points:
- Revenues grew from $4.559 billion in 1991 to $6.183 billion in 1995. Operating income improved from a loss of $239 million in 1991 to income of $526 million in 1995, excluding unusual merger-related charges.
- Net income was $92 million in 1995 but would have been $416 million without accounting changes and debt retirement costs related to the merger.
- Capital expenditures were $1.042 billion in 1995 and are planned to be nearly $1.7 billion in 1996 to support revenue growth and cost reduction initiatives.
This document summarizes the financial performance of Burlington Northern Santa Fe Corporation for the years 1992-1996. It reports that in 1996:
- Operating income increased 14% to $1.75 billion compared to 1995 on a comparable basis.
- Revenues reached $8.19 billion despite a drop in agricultural commodities revenues.
- Operating expenses were $178 million below 1995 levels, lowering the operating ratio to 78.6%.
- Net income grew 21% to $889 million, or $5.70 per share, compared to $733 million in 1995.
This annual report summarizes Burlington Northern Santa Fe Corporation's financial and operational performance in 1998. Some key highlights include:
- Revenues reached a record $8.94 billion, a 6.8% increase over 1997.
- Adjusted operating income grew 16% to a record $2.16 billion.
- Adjusted net income exceeded $1.12 billion, a 19% improvement over 1997.
- The operating ratio improved to 75.9%, nearly 2 points better than 1997's adjusted ratio.
- Safety continued to improve, with reductions in reportable injuries and rail accidents.
Burlington Northern Santa Fe Corporation's 1999 Annual Report summarizes the company's performance in 1999 and compares it to 1994, the year before the BNSF merger. Key points:
1) BNSF achieved record results in safety, customer service, efficiency and financial performance in 1999 compared to 1994.
2) Safety metrics like lost workdays and injuries dropped significantly. Customer service improved with 91% on-time performance. Operating expenses per ton-mile dropped 20-25%.
3) Financial results were also much stronger, with operating income reaching a record $2.24 billion, up 14% annually from 1994. The operating ratio improved 9 points to 75.4%.
Burlington Northern Santa Fe Corporation's 2000 Annual Report summarizes the company's performance for the year. Key points include:
- Revenues grew to $9.2 billion while operating expenses only increased 1% despite a $230 million rise in fuel costs.
- Intermodal revenues increased 6% to a record level while safety and efficiency improvements were made.
- However, weak coal demand, high fuel prices, and a slow US economy impacted results for the year.
- Over the past five years since the Burlington Northern and Santa Fe merger, significant progress has been made in safety, service, efficiency and financials.
This document is the 2001 Annual Report to Shareholders for Burlington Northern Santa Fe Corporation. It contains the following key information:
1) The CEO discusses BNSF's progress on its strategic priorities of People, Growth, Ease of Doing Business, Service, and Efficiency in 2001, noting challenges from the economic slowdown but some record achievements.
2) Safety improvements were made but injuries remained level, while discussions progressed with unions on safety agreements.
3) Revenues were flat in 2001 due to economic conditions, but some business lines like Mexico grew, and new customers and services helped capture additional market share.
4) Financial results disappointed expectations for revenue and operating ratio goals, though costs
BNSF is a major railroad network in the United States that transports a variety of goods. In 2003, BNSF saw revenue growth of 5% driven by strong intermodal growth, though on-time performance fell short of goals. Safety performance reached record levels with injury rates down significantly. Looking forward, BNSF aims to continue revenue growth through initiatives like expanding intermodal capacity and pursuing market-based pricing across all business lines.
Burlington Northern Santa Fe Corporation reported earnings of $0.36 per diluted share for the first quarter of 2001, compared to $0.55 per diluted share for the same period in 2000. Freight revenues were $2.26 billion, up slightly due to a 4% increase in ton-miles. Operating expenses increased 7% to $1.87 billion due to higher fuel costs, severe winter weather, and increased energy costs. The operating ratio was 81.5% compared to 77.3% in 2000. Revenue from agricultural commodities increased 11% while industrial revenues declined 3% and coal revenues declined 1% compared to the first quarter of 2000.
The document is Burlington Northern Santa Fe Corporation's 2nd Quarter 2001 Investors' Report. It summarizes that:
1) Earnings were $0.50 per diluted share compared to $0.53 per diluted share in the same period last year, with revenues remaining even despite 2% higher ton-miles.
2) Operating expenses were $65 million higher due to factors like flooding in the Midwest and higher fuel costs.
3) Operating income decreased to $428 million from $483 million last year, and the operating ratio increased to 80.9% from 78.4% last year.
The document is Burlington Northern Santa Fe Corporation's third quarter 2001 investors' report. Key points:
- Earnings per share were $0.58 compared to $0.64 in third quarter 2000. Freight revenues were $2.31 billion, even with last year.
- Operating expenses were higher by $69 million due to increased compensation, benefits, and fuel costs. Operating income was $502 million versus $571 million in 2000.
- 4.1 million shares were repurchased in the quarter, bringing the total under the buyback program to 101.1 million shares.
- The report provides financial statements and statistics on revenues, expenses, operations, and capital expenditures for
This document provides an annual investors' report for Burlington Northern Santa Fe Corporation for 2001. It includes key financial information such as earnings results for Q4 and full year 2001, operating revenues and expenses, balance sheet information, and cash flow information. Specifically, it notes that Q4 2001 earnings were $0.46 per share including workforce reduction costs, or $0.57 per share excluding those costs. For the full year, earnings were $1.87 per share including unusual items, or $2.08 per share excluding unusual items. It also highlights free cash flow of $443 million for the full year, up 3% from 2000.
1. Burlington Northern Santa Fe reported first quarter 2002 earnings of $0.45 per share, up from $0.34 per share in first quarter 2001, which included non-recurring losses.
2. Freight revenues decreased 6% to $2.14 billion due to softer demand across all major product sectors and mild winter weather reducing coal shipments.
3. Operating expenses decreased 4% to $1.8 billion due to reductions in fuel costs, compensation, and equipment rents, partially offsetting the revenue decline.
Burlington Northern Santa Fe reported earnings of $0.51 per share for Q2 2002, up slightly from $0.50 per share in Q2 2001. Freight revenues were $2.18 billion, down 3% from the previous year, with declines in coal, agricultural products, and industrial products offsetting growth in consumer products. Operating expenses decreased 2% despite lower fuel prices, helping maintain the operating ratio at 81.4%. The company also repurchased 4.2 million shares during the quarter.
The document is Burlington Northern Santa Fe Corporation's third quarter 2002 investors' report. It includes:
- BNSF reported earnings of $0.51 per share for Q3 2002, even with adjusted earnings of $0.56 per share for the same period in 2001.
- Freight revenues were $2.28 billion for Q3 2002, even with adjusted revenues of $2.28 billion for Q3 2001.
- Operating income decreased to $421 million for Q3 2002 compared to adjusted operating income of $470 million for Q3 2001, with the operating ratio increasing to 81.6% from 79.4%.
This document provides an annual investors' report for Burlington Northern Santa Fe Corporation for 2002. It includes:
1) Key financial highlights for Q4 2002 including $0.54 earnings per share, $2.27 billion in freight revenues, and $436 million in operating income.
2) Annual 2002 results including $2.00 earnings per share, $8.87 billion in freight revenues, and $1.66 billion in operating income.
3) Details of common stock repurchases totaling approximately 116 million shares under their repurchase program.
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"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
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OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
3. R
Industry Trends
Consumers demanding more interior features
Automakers focused on world-class interiors and
“Perceptual Quality”
Industry progressing toward total interior
integration
Automotive interiors are the fastest growing
segment of the auto industry
3
4. R
Top 10 Vehicle Features for Commuters
1. Comfortable seats
2. Automatic transmission
3. Good visibility
4. In-dash CD changer or satellite radio
5. Steering wheel-mounted stereo controls
6. Controlled noise, vibration and handling
7. Good fuel economy
8. Well-designed cup holders and ample storage
9. Two power points and a hands-free voice activated phone system
10. Reasonably compact external size
Lear Offers Solutions to Six of Edmund.com’s
Top Ten Features for Commuters
Source: List issued in a press release from Edmunds.com on August 11, 2004 4
5. R
Increased Demand for Driver-Focused Interior
Mode of Transportation to Work
Commuters spend ≈ 4.5 hrs/wk in
by Number of Workers
vehicles
88% of the 128 million U.S. workers
Commuters (millions of People)
drove or carpooled to work in 2000 7.5
6.1
8.2
Increased 39% vs. 1980 15.6
6.1
10.4
3 out of 4 workers in the U.S. drove 15.4
6.2
alone to work in 2000
19.1
97.1
Increased 56% vs. 1980 84.2
62.2
Alternative means of transportation
have declined since 1980: 1980 1990 2000
Carpooling: Down 18% to 16 million Drive alone Carpool
Public Trans. Other
Public transit: Down 2% to 6 million
Source: U.S. Census Bureau Decennial Census
Other: Down 2% to 5 million 5
6. R
Gridlock in America
• Since 1982, while the U.S. population has grown nearly 20 percent, the time
Americans spend in traffic has jumped an amazing 236 percent.
• In major American cities, the length of the combined morning-evening rush hour
has doubled, from under three hours in 1982 to almost six hours today.
• The average driver now spends the equivalent of nearly a full workweek each year
stuck in traffic.
• On a typical day, the average married mother with school-age children spends 66
minutes driving--taking more than five trips and covering 29 miles.
• The amount of time mothers spend behind the wheel increased by 11 percent just
between 1990 and 1995, and there's every indication that the trend is continuing.
• Moms spend more time driving than they spend dressing, bathing, and feeding a
child.
Source: “American Gridlock”, By Phillip J. Longman et al.;
6
US News and World Report, Vol. 130 , No. 21; Pg. 16
7. R
U.S. Market Proliferation
300
200
60
50
100
30
1965 1985 Present
1965 1985 Present
# of Makes # of Models
With the Rapid Proliferation of Makes & Models,
Interiors are a Key Element of Differentiation
7
8. R
Priority Emphasis on the Interior
“(In the) Interior is where you spend all of your time. It makes
total sense to me to want to get it right.”
J Mays, Ford
“Interiors are an area of huge focus for General Motors.”
Bob Lutz, GM
“For us, the interior has always been a priority of design.”
Helmut Panke, BMW
8
9. R
New Emphasis on the Interior in Advertising
Volvo XC90
VW Multivan
Reconfigurable
Seating
9
Nissan Quest
10. R
Automotive Industry Moving to Integrated Systems
Increasing Supplier
Responsibility
Jan., 2003 - -
Integrated Industry’s First Total
System Design
Interior Integrator
& Development
Program Awarded
to Lear
Co-located
ND
Design
E
TR
RY
Mfg.
T
US
Feasibility
D
IN
Build to
Print
Increasing
Systems
Complexity
Component System System
Sub Sub
Assembly System Integration
10
11. R
Global Growth of Vehicle Sub-Elements
26%
Average Annual Growth
from 2004 - 2009
9%
6%
5%
Powertrain Electrical Chassis Interior
Interiors are the Fastest Growing Segment
Source: 2004 CSM Worldwide, Study 11
12. R
Estimated Size of Total Interior Market* (Global)
Global Market
(billions) $145
$25
$90
$30 $30
$25
Electrical
Distribution
$20
Interiors
$30
$90 $90 $90
Seats
$40
Add Cockpits
Current Global Add Add
and
Cockpits**
Market Electronics
Electronics
A Broader Focus on Cockpits and Electronics
Significantly Expands Lear’s Potential Market
* Based on internal Lear estimates
12
** Excludes IP substrate and cockpit electronics
14. R
Strategic Evolution
• Aggressively expand our presence in
Asia and with Asian OEMs globally
• Improve our business structure and grow
Going Forward
our market share in Europe
• Leverage our leadership position in total
interiors in North America
Operational Excellence;
1999-2003
Reduce Debt
Seat Systems to
1994-1999
Total Interior Capability
Seat Components
1990-1994
to Seat Systems
14
15. R
Profitable Global Growth Strategy
Industry Focus
Interiors are the fastest growing automotive segment
Intense focus on improving interiors by all major automakers
Lear Opportunity
Deliver record sales backlog (supports ≈ 5% + annual growth)
Awarded General Motors’ first total interior integrator program
Accelerate new product innovations (e.g., IntelliTireTM)
Pursue strategic acquisitions (e.g., Grote & Hartmann)
Win new business in Asia and with Asian OEMs globally
Lear is Well Positioned in the Fastest Growing Segment
of the Automotive Industry
15
16. R
Record Sales Backlog
(millions)
$1,250
$1,000
$900
$750
$500
2004 2005 2006 2007 2008
$4,400
$3,900
$750 $2,000 $3,000
Cumulative
Record Backlog Driving Sales Growth and Diversification
* Please see slide titled “Forward-Looking Statements” at the end of this presentation for further information. 16
17. R
First Total Interior Integrator Program
2006 Buick LeSabre / Cadillac DeVille
$825 million in annual sales
Lear to provide total interior, including electrical distribution systems
Systems Total Interior
Integrator Integrator (TI)
Design OEM Lead Supplier Lead
Engineering Shared Supplier Lead
Sourcing OEM Directed Supplier Lead
Manufacturing Supplier Supplier
Sub-Assembly Supplier Supplier
Sequencing Supplier Supplier
Working with Other Major Automakers to
Win New Total Interior Integrator Programs 17
19. R
Electronics / Electrical Market
Average Wire Harness
Grote & Hartmann
Composition
High quality producer
40%
with technical expertise Terminals
60%
& Connectors Wiring
Improves overall / Assembly
competitiveness in
electronics / electrical
market
Provides avenue for
growth and customer
diversification Wire Harness
Terminals &
Terminals & Connectors are an Integral
Connectors
Part of a Wire Harness Assembly 19
20. R
Asia/Asian Automakers Revenue*
(millions)
≈$1,600
$1,250
$850
2002 2003 2004 Future
Asian Sales About Double from 2002 to 2004;
Solid Growth Expected to Continue**
* Consolidated and unconsolidated sales
20
** Please see slide titled “Forward-Looking Statements” at the end of this presentation for further information.
21. R
Infrastructure Cost Reduction Actions
Low cost country strategy
Selective in-sourcing of value-add components
Global Cost Technology Optimization initiatives
Leverage Lear’s scale and commonization expertise
“Lear flexible seating architecture”
21
22. Low – Cost MANUFACTURING Capabilities R
and ENGINEERING Centers
Poland – 4
Hungary – 4
Czech Republic – 2
Mexico – 24
Turkey – 2
Slovakia – 1
Romania – 1
L
L
LL
LL
L L
L
L
L
L
L L
L Philippines – 4
Honduras – 3 China – 1
India – 1
Korea – 1
Africa – 8
Japan – 3
Philippines – 1 22
23. R
Cost Technology Optimization (CTO) Centers
Munich, Germany
Dearborn, MI
Southfield, MI
Barcelona, Spain
Sao Paulo, Brazil
Cebu, Philippines
Customer Feedback – Lear Ranks First
in Cost Performance by 6 Global OEMs 23
24. R
Lear Flexible Seat Architecture
• Modular system that can be packaged in several
vehicle environments through the utilization of power
and common components
• Currently on over a dozen programs, totaling nearly
4 million vehicles
Benefits
• Faster implementation timing
• Reduced development costs and
tooling / capital
• Enhanced comfort and safety features
• Increased quality and craftsmanship
24
25. R
Net Debt / Capitalization
100%
90%
Debt/Cap
90%+
80%
70%
70%
60%
Investment
50% Grade Low
48% 46% 40%
40%
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
Target
Lear’s Goal is to Maintain Investment Grade Status
25
26. R
Alternatives for Using Cash Flow. . .
Where We See Value Creation
Invest internally Share
in high return repurchases
programs
Pursue strategic Increase
acquisitions the
dividend
. . . While Maintaining Strong Balance Sheet 26
27. R
R
ADVANCE RELENTLESSLY™
LEA
Listed
www.lear.com
NYSE
27
28. R
Forward-Looking Statements
This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
1995, including statements regarding anticipated financial results. Actual results may differ materially from anticipated results
as a result of certain risks and uncertainties, including but not limited to, general economic conditions in the markets in which
the Company operates, including changes in interest rates and fuel prices, fluctuations in the production of vehicles for which
the Company is a supplier, labor disputes involving the Company or its significant customers or suppliers or that otherwise
affect the Company, the Company’s ability to achieve cost reductions that offset or exceed customer-mandated selling price
reductions, the impact and timing of program launch costs, the costs and timing of facility closures or similar actions, increases
in warranty or product liability costs, risks associated with conducting business in foreign countries, fluctuations in foreign
exchange rates, adverse changes in economic conditions or political instability in the jurisdictions in which the Company
operates, competitive conditions impacting the Company’s key customers, raw material cost and availability, the Company’s
ability to successfully integrate the recently acquired Grote and Hartmann operations, the outcome of legal or regulatory
proceedings to which we are or may become a party, unanticipated changes in free cash flow and other risks described from
time to time in the Company’s Securities and Exchange Commission filings.
In addition, the full year 2004 per share earnings guidance is based on an assumed 70.5 million shares outstanding and does
not reflect the potential dilutive impact of the Company’s outstanding convertible senior notes.
The forward-looking statements in this presentation are made as of the date hereof, and the Company does not assume any
obligation to update them.
This presentation also contains information on the Company’s sales backlog. The Company’s incremental sales backlog
reflects: (i) formally awarded new programs; (ii) targeted programs for which the Company believes there is a substantial
likelihood of award; (iii) phased-out and cancelled programs; (iv) estimates regarding customer-mandated changes in selling
prices; and (v) estimates of expected changes in vehicle content. Changes in any of these components may significantly impact
the Company’s backlog. In addition, backlog may be impacted by various assumptions imbedded in the calculation, including
vehicle production levels on new, replacement or targeted programs, foreign exchange rates and the timing of major program
launches. For purposes of the backlog data included in this presentation, the Company has made various assumption, including
the following: (1) North American vehicle production of 16.0 million units; (2) Western European vehicle production of 16.0
million units; (3) South American vehicle production of 1.9 million units; and (4) a Euro exchange rate of $1.20/Euro. Please
refer to the Company’s Annual Report on Form 10-K for its fiscal year ended December 31, 2003 for further information on the
28
Company’s calculation of sales backlog.