UPDATE 1-Lear sales beats estimates on strong US demand for auto parts

Newswire

Jan 31 (Reuters) - Lear Corp reported a better-than-expected 14 percent rise in quarterly revenue as an increase in U.S. vehicle sales boosted demand for its car seats and electrical power systems. Lear and other auto parts makers such as BorgWarner Inc and Visteon Corp have been helped by strong U.S. auto sales, which hit a six-year high in 2013. Global vehicle production increased 6 percent in the fourth quarter, with a 5 percent rise in North ...

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