Lear reports $15.4 million net loss for period of July 7 to Aug. 1

By Caroline Salls

Pittsburgh, Aug. 31 - Lear Corp. reported a $15.4 million net loss for the period of July 7 to Aug. 1 on $185 million in net sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.

The company had $322.5 million in cash and cash equivalents at Aug. 1.

Lear, a Southfield, Mich.-based automotive parts supplier, filed for bankruptcy on July 7. Its Chapter 11 case number is 09-14326.

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