The joint venture that was created less than two years ago to capitalize on the systems approach to automotive interiors has fizzled in the wake of one of the biggest supplier acquisitions of 1999. Lear Corp. is acquiring from Donnelly Corp. its 50% share of Lear Donnelly Overhead Systems LLC, a 50-50 joint venture launched in September 1997 to produce modular headliners equipped with consoles, lights, electronic components and grab handles. Terms were not disclosed. Lear makes ...
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