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Benzinga

Business

Shivani Kumaresan

GM Picks Lear To Supply Seats For 2024 Chevrolet Silverado EV Pickup

LEA Lear Chevrolet NYSE Detroit General Motors Co Lear Corp

General Motors Co (NYSE:GM) has selected Lear Corp (NYSE:LEA) to supply front and rear seats to the 2024 Chevrolet Silverado EV pickup.
The 40/60 split second-row seat offers four configurations, allowing users to haul gear or equipment while accommodating passengers in the second row.
Lear engineered a tuck-and-tumble sequence for the second-row seat for the Silverado EV's RST model.
Lear designed the foam, trim, structure, mechanism, plastics, and seat harness for the seats, which will be produced at its new state-of-the-art facility in Detroit, which will open in mid-2022.
Price Action: LEA shares closed higher by 3.28% at $133.37 on Tuesday.

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