Lear Corp. says its revenues should drop as much as 3% in 2001 because of slowing U.S. car production and continuing weakness of the euro. Company executives offer a production forecast of 16.4 million light vehicles in North America in 2001. Likewise, they foresee relatively flat production in Europe, at 16.4 million units, and a slight improvement in South America. The company tells financial analysts in a recent conference call that some plants may be closed or consolidated. “2001 ...
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