Lear Q4 profit leaps on new business, tax cuts

A car seat is assembled at Lear's plant in Hammond, Ind., factory on May 31, 2017. (BLOOMBERG)

January 26, 2018 05:00 AM

DETROIT -- Seating and electronics supplier Lear Corp. reported strong quarterly profit led by higher sales in Europe and Africa and the acquisition of Grupo Antolin's seating business.

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