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LEAR Q308 Earnings 238 asdfx Final
The document summarizes Lear Corporation's third quarter 2008 financial results and 2008 outlook. Key points include: - Net sales of $3.1 billion for Q3 2008, down from prior year due to lower production. Core operating earnings were $46 million. - Full-year 2008 net sales are forecast at $14 billion, with core operating earnings of $440-480 million. - Production forecasts show declines in North America and Europe. Cost reduction plans aim to offset lower volumes. - Seating and electrical segments both saw lower sales and margins due to production declines, but benefited from restructuring. - Lear has $523 million in cash and a $1.3 billion credit facility, ensuring
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