Despite a respected management team, strong labor relations, a series of successful acquisitions and record second quarter sales, Lear Corp. — like so many other auto sector companies — continues to fair poorly on Wall Street. And that frustrates Lear Chairman Ken Way. “They think the cycle is over. They just feel automotive has peaked,” Mr. Way says of analysts. “The other thing that is a problem,” Mr. Way adds, “the automotive companies, including suppliers, have not performed during a ...

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