Feb 24, 2022 / 03:10PM GMT
Rod Avraham Lache - Wolfe Research, LLC - MD & Senior Analyst
From a global light vehicle production recovery. And I think it's important at times like this to remember that we've been at the trough for the past 2 years. We were running north of 90 million units a year in 2019 and prior, we were at 75 million in 2020 and again something like that in 2021.
So a lot of recovery still in front of us. We're still at the bottom. And there appears to be some additional torque here at Lear, based on the company's exposure to secular trends as well as the operational improvement and margin expansion that we've been seeing.
So Ray and Jason, thanks for joining us.
Raymond E. Scott - Lear Corporation - President, CEO & Director
Yes. Thanks for having us, Rod.
Jason M. Cardew - Lear Corporation - Senior VP & CFO
It's great to be here.
Questions and Answers:
Rod Avraham Lache - Wolfe Research, LLC - MD & Senior AnalystSo to kick things off,
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