On March 12, Lear Corporation, the world's leading supplier of automotive seats and distribution systems, held a relocation ceremony in Shanghai. The new site of the company’s Asia Pacific regional headquarters and technology center officially settled in Yangpu District. Jay Kunkel, president of Lear Asia Pacific, told the reporter that the main reason why he chose to relocate to Yangpu District is that Yangpu District is a gathering place for universities and car companies, which not only facilitates the introduction of more automotive innovation talents, but also enables them to set up car companies. Provide more efficient service.

“The Asia-Pacific region is the fastest growing market in Lear's global market. In the next few years, Asia-Pacific market share is expected to continue to increase steadily in Lear's global market share.” Lille Global CEO Matt Simoncini is interviewed by the reporter When this is indicated. According to data released by Lear, the Asia-Pacific region's contribution to the growth of global light vehicle production has exceeded 70%. In 2013, the total sales of Lear Corporation’s consolidated companies increased by 16.99% to reach US$2.95 billion. At the same time, in 2013, sales of 10 non-consolidated joint ventures owned by Lear Asia Pacific reached 1.65 billion U.S. dollars, which ultimately helped Lear’s total sales in the Asia-Pacific region reach 4.6 billion U.S. dollars last year.

Matt revealed that currently Asia-Pacific region accounts for 17% of Lear's global business, and this proportion is expected to increase to 20% in the next few years. Therefore, Lear will further accelerate the process of localization, including the newly relocated Lear. Asia-Pacific headquarters and technology centers will play an important role.

After the relocation, Lear Asia Pacific’s new headquarters provided support for approximately 21,000 employees from 11 countries, including nearly 11,000 Chinese employees. At the same time, Lear’s newly-launched modern headquarters and product R&D center has a total of about 600 employees. These employees have strong R&D capabilities and provide high-quality products and solutions for car companies.

In an interview, Matt emphasized that in the process of cooperation with car companies, Lear took the same attitude toward local car companies and joint venture car companies. He said that the technology development cycle of Chinese local car companies in the past two years is rapidly shortening. The quality of the car has been significantly improved. Therefore, Lear hopes to integrate the company's global advantages and help Chinese domestic customers improve their competitive advantage. At present, Dongfeng, SAIC, BAIC and other auto makers maintain a good relationship with Lear.

For the field of new energy vehicles that the government is encouraging to develop at present, Matt firmly believes that the development prospect of new energy vehicles in China is very impressive, and Lear is also engaged in research and development work on alternative energy sources. Over the years, Lear is the leader in power distribution systems, and its charging and battery systems are leading the world. Therefore, Lear is also more advantageous in the application of new energy vehicles. At this stage, Lear is working with BAIC on new energy vehicles.

At the end of the interview, JayKunkel said: "We are very pleased that the new headquarters will fully expand Lear's ability to serve existing and potential customers. In the future, we will continue to develop and provide high-quality, technologically advanced products for the Asia Pacific region and global markets."


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