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    Faurecia collaborates with Devialet to develop high-quality sound solutions for automakers
    Faurecia has announced a partnership with Devialet to develop premium audio solutions for use in vehicles, the company said in a press release on 4 December. The partnership brings on board Devialet’s expertise across acoustic architecture, loudspeakers and signal processing and Faurecia’s overa...
    05-Dec-2019 News New Products
    Forecasting the implications of Euro 7 on powertrain technologies
    Introduction Governments around the world are beginning a substantial push towards a clean, zero-emissions society. While there are unquestionably challenges and obstacles to overcome in making this happen, the automotive industry is already showing its commitment to playing its part. Global t...
    Faurecia targets sales of USD22.9 billion in 2022
    Faurecia has announced its new financial targets for 2022 during a ‘Capital Market Day’ event held in Paris, France, on 26 November, the company said in a press release. The French supplier expects its sales to grow above 5% between 2019 and 2022 and reach EUR20.5 billion (USD22.9 billion) ...
    Faurecia and Michelin launch fuel-cell JV Symbio
    Faurecia and Michelin have formalized their fuel-cell 50:50 joint venture (JV) ‘Symbio’, Faurecia announced in a press release on 21 November. The JV will develop, produce and market hydrogen fuel cell systems for light vehicles, commercial vehicles, and trucks as well as for other areas of elec...
    Faurecia teams up with Aptoide to develop android apps market solutions for automotive industry
    Faurecia and Aptoide have announced the creation of a 50:50 joint venture (JV) to develop and operate Android app Store solutions for the global automotive market, according to a press release filed on 5 November. The Aptoide app store offers one million Android apps covering a variety of use cas...
    Tokyo Motor Show 2019: Faurecia showcases cockpit, sustainable mobility solutions
    Faurecia is showcasing its advanced technologies for the ‘Cockpit of the Future’ and sustainable mobility solutions at the Tokyo Motor Show in Japan, the company said in a press release on 23 October. Faurecia Clarion Electronics, a business group of Faurecia, is displaying connected premium sou...
    25-Oct-2019 News New Products
    Faurecia expands Mexican plant to manufacture seats
    Faurecia has inaugurated its expanded seats plant—Faurecia Frames—in San Luis Potosí, Mexico, according to a report by Cluster Industrial on 23 October. The extension includes manufacturing technologies 4.0 for the manufacture of seats. Significance: The company opened the expanded plant thr...
    Faurecia’s Q3 2019 sales up 4.3% y/y to EUR4.1 billion
    Faurecia has reported a 4.3% year-on-year (y/y) growth in sales to EUR4.2 billion (USD4.6 billion) for the third quarter ended 30 September 2019, the French supplier said in a press release on 17 October. The company’s Seating segment posted a sales decline of 9.9% y/y to EUR1.6 billion. Sales ...
    Faurecia acquires Continental’s stake in interior JV
    Faurecia has signed a Memorandum of Understanding (MOU) with Continental to acquire the German supplier’s 50% stake in their equally-owned joint venture (JV), SAS Automotive for EUR225 million (USD248 million), the company said in a press release on 14 October. SAS, founded in 1996, is a major sup...
    Faurecia opens technology platform in Tel Aviv to boost its cyber-security expertise
    Faurecia has unveiled its technology platform in Tel Aviv, Israel, the company said on 2 October. The new technology platform will bring Faurecia skills through penetration testing experts to analyze potential vulnerabilities across multiple coding languages and protocols. This will enable the ...
    04-Oct-2019 News New Products
    Irreversible diesel declines or “safe haven” market opportunities?
    Diesel, as a choice of fuel for light duty vehicle powertrains, has globally witnessed a fall in demand since 2016. IHS Markit forecasts the production of diesel powertrains will decline globally by about 3% in the period 2018-25. One of the key regions that will lower the global count will be Europ...
    IAA 2019: HELLA, Faurecia exhibit innovative lighting solutions for vehicle interior
    Hella, together with Faurecia, is exhibiting innovative lighting solutions for vehicle interior at the ongoing IAA 2019 in Frankfurt, Germany, according to a company press release on 11 September. The two companies are displaying a demonstration vehicle with completely redesigned interior, various l...
    Varroc: Focus on improving vision with safety and style
    Vehicle headlights are shifting from conventional bulb headlamps to high-resolution matrix headlights that focus on enhancing safety through various sensors. Most of the safety concerns, such as blind-spot and forward-collision warnings and avoidance, have diminished with the use of cameras and adva...
    PPG to acquire specialty materials manufacturer Dexmet
    PPG has signed a definitive agreement with private equity firm Sverica Capital Management LP to acquire Dexmet Corporation, a manufacturer of specialty materials for surfaces in aerospace, automotive and industrial applications, according to a company press release on 22 July. The transaction is exp...
    Faurecia’s H1 net income up 1% y/y to EUR345.6 million
    Faurecia has reported a 1% year-on-year (y/y) growth in net income to EUR345.6 million (USD392.8 million) for the first six months ended 30 June 2019, the French supplier said in a press release on 23 July. Operating income for the period declined marginally (0.4%) y/y to EUR644.8 million. Sales in ...
    Faurecia collaborates with Microsoft to develop digital services for connected cars
    Faurecia has teamed up with Microsoft to create connected and personalized services inside the ‘Cockpit of the Future,’ the company said in a press release on 22 July. The partners will leverage their expertise in advanced technologies such as artificial intelligence (AI), edge computing and clo...
    China 6 emission legislation
    To address air pollution problems in China, the country’s regulatory bodies are working toward swiftly adopting more stringent protocols to reduce harmful automotive emissions and fuel consumption. In December 2016, the Chinese Ministry of Ecology and Environment put forward the final version of i...
    Faurecia workers at US plant approve new, four-year labor contract
    Faurecia’s union workers at its Saline plant in Michigan, United States, have ratified a new, four-year labor contract with the company’s management, Automotive News Europe reported last week. According to the new contract, the hourly pay for an operator with less than a year of experience would...
    Faurecia opens new R&D center for hydrogen storage systems in France
    Faurecia has opened a new global research and development (R&D) center for hydrogen storage systems at its R&D center in Bavans, France, the company announced in a press release on 28 June. Faurecia will use the center for development and testing of new-generation high-pressure tanks that ar...
    02-Jul-2019 News Investments
    Faurecia reaches agreement with UAW to end strike at Saline plant in US
    Faurecia reached a tentative agreement with the United Auto Workers (UAW) union at its plant in Saline, Michigan, United States, on Friday (21 June), Automotive News reported last week. The tentative agreement with the UAW Local 892 helped the French automotive supplier end a workers' strike at the ...
    Faurecia, Accenture, Affectiva collaborate to develop car cabin of the future
    French automotive supplier Faurecia is collaborating with Accenture and Affectiva to develop car cabin of the future, Accenture said in a press release on 5 June. The three partners are leveraging the ‘Connected Car Lab’, a digital product and service innovation tool to improve driver safety and...
    06-Jun-2019 News New Products
    Faurecia invests in automotive cybersecurity company GuardKnox
    Faurecia has invested in GaurdKnox, an Israel-based start-up specializing in automotive cybersecurity, the French automotive supplier said in a press release on 27 May. GuardKnox’s cybersecurity solutions are based on aviation defense methodology and include both hardware and software. The co...
    Faurecia to build new plant in Japan for producing exhaust systems
    Faurecia is set to build a new Clean mobility manufacturing plant in Koriyama City, Fukushima Prefecture in Japan, the company announced in a press release on 30 April. To be built on a 9,000-square meter industrial site owned by Faurecia Clarion Electronics, the plant will produce exhaust systems f...
    01-May-2019 News Investments
    Faurecia to integrate ACCESS’ Twine for Car solution in next-gen in-car infotainment
    Japanese supplier ACCESS has announced that its Twine for Car solution has been selected by Faurecia to be integrated in its next-generation in-car infotainment, the company said on 11 April. The French supplier will showcase its new infotainment system for its ‘Cockpit of the Future’ ...
    12-Apr-2019 News New Products
    Faurecia invests in Creo Dynamics
    Faurecia has acquired a majority stake in Creo Dynamics, a Sweden-based company that specializes in acoustics and active noise control (ANC) solutions, the two companies announced in separate press releases on 10 April. Subsequently, Creo Dynamics will change its name to Faurecia Creo and continue o...
    Seating Subsystem Lightweighting
    The seating subsystem in the interiors component area is estimated to account for more than 40% of the total component area weight and up to 6% of the total vehicle weight. In terms of additional comfort and luxury features, one of the first targets for OEMs is to improve the driving experience even...
    Faurecia launches new business group ‘Faurecia Clarion Electronics’
    Faurecia has launched its fourth business group called ‘Faurecia Clarion Electronics’, based in Saitama, Japan, the company announced in a press release on 1 April. On 28 March 2019, Clarion became a wholly-owned company of Faurecia. Faurecia Clarion Electronics combines Clarion with Faurecia’...
    Faurecia appoints Yann Brillat-Savarin as executive vice-president, group strategy
    Faurecia has appointed Yann Brillat-Savarin as executive vice-president, group strategy, effective 1 April 2019, the company said in a press release on 26 March. Brillat-Savarin will succeed Hervé Guyot, who is retiring. Brillat-Savarin joined Faurecia in March 2018 as vice-president, marketing ...
    Faurecia issues EUR500 million senior notes to complete financing of Clarion acquisition
    Faurecia has announced that the company has successfully issued EUR500 million (USD563.7 million) senior notes due 2026 at 3.125% to complete financing of Clarion acquisition, the company said in a press release on 13 March. Faurecia informed that the issuance of these senior notes is intended to re...
    Faurecia, Michelin to set up new JV for hydrogen mobility
    French automotive suppliers Faurecia and Michelin have signed a memorandum of understanding (MOU) to set up a new joint venture (JV) for hydrogen mobility, the two companies announced in a press release on 11 March. To be named ‘SYMBIO, A Faurecia Michelin Hydrogen Company’, the JV will be held ...
    Faurecia announces success of tender offer for acquisition of Clarion
    Faurecia has announced the success of its tender offer which was launched to acquire Clarion. According to a press release by the French supplier on 1 March, 95.28% of Clarion’s shareholders tendered their share to Faurecia’s offer of JPY2,500 (USD22.33) per share. This also includes shares ...
    Development of energy efficient lighting solution for battery vehicles
    The automotive industry is undergoing a radical transformation driven by four key trends: electrification, autonomous driving, sharing, and connected cars. Interconnected development of these trends is already visible, but their full deployment is moving slowly. However, push by government to promot...
    Faurecia partners with Japan Display to develop innovative displays for vehicle cockpit
    Faurecia has entered a strategic partnership with Japan Display Inc. (JDI) to cooperate on joint development of innovative displays for automotive interiors, the two companies said in a joint press release on 26 February. The partnership will leverage respective expertise of the two companies to dev...
    27-Feb-2019 News New Products
    Faurecia’s FY 2018 net income up 16.9% y/y to USD801.5 million
    Faurecia has reported a 16.9% year-over-year (y/y) growth in net income to EUR700.8 million (USD801.5 million) for the fiscal year ended 31 December 2018, the French supplier said in a press release on 18 February. Operating income for the period grew 10% y/y to EUR1.3 billion. The company posted gr...
    Electrically heated catalyst
    The implementation of Real Driving Emission regulation on 1 September 2017 has tightened NOx emission regulation for vehicles with diesel powertrains registered from 1 September 2019. Moreover, new vehicles produced from January 2021 will need to adhere to Euro 6d norms. It states that if NOx confor...
    Automotive Cabin Comfort – The rising application of seat thermal management
    In automotive design, passenger comfort is a central element along with the other performance and efficiency parameters. Manufacturers invest a lot of resources to ensure the highest degree of ambiance, ergonomics, and user experience for the occupants. Extreme seasonal swings in ambient temperature...
    Faurecia to launch tender offer for acquisition of all shares of Clarion
    French auto parts supplier Faurecia will today (30 January) launch its tender offer for the acquisition of all shares of Japan-based Clarion. According to a company press release on 29 January, Clarion shareholders will be offered a chance to tender their shares by 28 February 2019 at a price of JPY...
    Faurecia raises EUR700 million through private placement to fund acquisition of Clarion
    Faurecia has raised EUR700 million (USD793 million) through private placement to fund the acquisition of Clarion, according to a company press release on 18 December. The transaction refinances part of the bridge financing which fully secures the funding of the acquisition, and provides long-term li...
    Faurecia invests in ESP Consulting to develop wellness solutions for vehicle occupants
    Faurecia has invested an undisclosed amount in ESP Consulting, an innovative lab that uses cognitive science to optimize human well-being and performance, the company said in a press release on 19 December. The strategic investment will help Faurecia develop wellness solutions for cockpit occupants....
    20-Dec-2018 News Investments
    Parrot Faurecia Automotive selects Qt to power digital instrument cluster
    Parrot Faurecia Automotive, a wholly owned subsidiary of Faurecia, has selected Qt Group’s human-machine interface (HMI) technology to power its next-generation digital instrument cluster, according to a joint press release yesterday. Parrot Faurecia’s 'Advanced Cockpit Server' will be equipped ...
    EDITORIAL – Acquisition of Clarion will strengthen Faurecia’s capability in cockpit system integration
    Current automotive industry trends such as connectivity, autonomous driving, shared mobility and electromobility are expected to usher in sweeping changes in how vehicles are purchased and used. One area that is expected to see new use cases due to these trends is vehicle interior. In fully autonomo...
    CES 2019: Faurecia to showcase advanced cockpit, e-mobility solutions
    Faurecia will showcase advanced automotive solutions for interior systems such as seating and cockpit as well as thermal and zero-emission systems at the CES 2019 in Las Vegas, Nevada (United States) in January next year, the French supplier said in a press release on 22 November.  The company ...
    26-Nov-2018 News New Products
    Faurecia, Hella to jointly develop interior lighting solutions for vehicle cockpit
    Germany-based automotive electronics and lighting systems supplier Hella and French automotive supplier Faurecia have entered a strategic partnership for development of innovative interior lighting solutions, the two companies announced in a joint press release on 21 November. Under the partnership,...
    22-Nov-2018 News New Products
    Faurecia announces JV with Liuzhou Wuling Automotive Industry in China
    French automotive supplier Faurecia will form a new joint venture (JV) with Liuzhou Wuling Automotive Industry in China, the company announced in a press release last week. Named Faurecia (Liuzhou) Emissions Control Technologies, the new JV will have a comprehensive strategic cooperation in the area...
    Faurecia enters definitive agreement with Hitachi to acquire Clarion
    Faurecia has reached a definitive agreement with Hitachi to acquire 100% of Clarion, the French supplier said in a press release on 26 October. Under the agreement, Faurecia will offer JPY2,500 (USD22.2585 as on 26 October) per share for Clarion, which represents a premium of 31.2% over the average ...
    Paris Motor Show 2018: Parrot Faurecia Automotive showcases voice-activated cockpit
    Parrot Faurecia Automotive, a wholly owned subsidiary of French automotive supplier Faurecia, is showcasing a voice-activated cockpit at the 2018 Paris Motor Show in France, according to a press release on 4 October. The cockpit provides the driver and the passenger with an individualized voice-assi...
    05-Oct-2018 News New Products
    Paris Motor Show 2018: Faurecia displays ambient lighting in partnership with HELLA
    Faurecia is showcasing its ‘Cockpit of the Future’, which features HELLA’s ambient lighting, at the Paris Motor Show 2018 in France. According to a press release yesterday (3 October), HELLA’s ambient lighting gives occupants a personalized interior lighting experience on the instrument pane...
    04-Oct-2018 News New Products
    Vayyar Imaging to supply advanced sensors to Valeo, Faurecia
    Vayyar Imaging, a specialist in 3D imaging technology, will supply advanced automotive sensors to Valeo and Faurecia, the companies announced in separate press releases yesterday (2 October). Vayyar will demonstrate its new capabilities in partnership with Valeo and Faurecia at the Paris Motor Show ...
    Faurecia completes acquisition of Parrot Faurecia Automotive
    Faurecia has completed the acquisition of 100% stake in Parrot Faurecia Automotive, the French automotive supplier said in a press release on 1 October. According to Faurecia, the transaction was based on an enterprise value of EUR100 million (USD115.5 million). Parrot received EUR67.5 million (USD7...
    Paris Motor Show 2018: Faurecia to showcase cockpit of the future, zero emissions solutions
    Faurecia will showcase its ‘Cockpit of the Future’ and zero emissions solutions at the Paris Motor Show, France-based supplier said in a press release yesterday (17 September). The French supplier will demonstrate a cockpit system using a serial production vehicle. In addition, Faurecia will dem...
    18-Sep-2018 News New Products
    Faurecia Interior Systems to build new plant in US for door panel assemblies
    Faurecia Interior Systems plans to build a new plant in Spring Hill, Tennessee (United States) to manufacture door panel assemblies, according to a press release yesterday (28 August) on the website of Tennessee Department of Economic and Community Development. The automotive interior systems suppli...
    29-Aug-2018 News Investments
    Solvay, Premium Aerotec, Faurecia launch consortium for production of thermoplastic composites
    Solvay, Faurecia Clean Mobility, and Premium Aerotec have joined forces to launch a consortium called ‘IRG CosiMO’ (Industry Research Group: Composites for Sustainable Mobility) to develop materials and process technologies that will enable high-volume production of thermoplastic composites for ...
    Cold start engine warm-up strategies
    The introduction of RDE and equivalent regulations around the world dictate the need to adhere to lower nitrogen oxides (NOx) levels and fleet carbon dioxide (CO2) requirements, and thus mandate the environment-friendly design of next generation of internal combustion engines (ICEs). A highlighted c...
    Faurecia invests in SUBPAC for immersive audio experience
    Faurecia Ventures, the venture capital arm of Faurecia, has invested an undisclosed amount in SUBPAC, the French supplier said in a press release on 24 July. US-based SUBPAC has developed a hardware and software technology platform that provides an immersive and customized music and media exper...
    25-Jul-2018 News Investments
    Faurecia’s H1 net income up 10.2% y/y to USD398.3 million
    Faurecia has reported a 10.2% year-over-year (y/y) growth in net income (at constant currencies) to EUR342 million (USD398.3 million) for the first half ended 30 June 2018, the French supplier said in a press release last week (20 July). Operating income for the period grew 11.1% y/y to EUR647.2 mil...
    Faurecia, BYD hold opening ceremony for seat products JV in China
    Faurecia and Chinese electric vehicle (EV) maker BYD have launched a joint venture (JV), ‘Shenzhen Faurecia Automotive Parts,’ in Shenzhen, China, to produce automotive seat products, news portal Gasgoo reported on 6 July. The companies held an opening ceremony for the JV on 5 July. According...
    18-Jul-2018 News Investments
    ZF, Faurecia demonstrate cockpit solution for Level 4 autonomous vehicles
    ZF and Faurecia have jointly developed an “operating and display concept” for fully automated vehicles (Level 4 vehicles) without a steering wheel and pedals, the German supplier said in a press release last month. The concept cockpit features three screens and a control lever in the center cons...
    17-Jul-2018 News New Products
    Faurecia plans to open new plant in US to produce instrument panels
    Faurecia Interiors, a manufacturer of automotive interior systems, plans to open a new plant in Toledo, Ohio (United States) to produce instrument panels for vehicles, the company announced in a press release on 12 July. Faurecia intends to invest USD11 million in the 73,000-square foot plant, wh...
    13-Jul-2018 News Investments
    Faurecia signs MOU to acquire 100% of Parrot Automotive
    French automotive parts supplier Faurecia has signed a memorandum of understanding (MOU) with Parrot to acquire 100% of the latter’s subsidiary Parrot Automotive by the end of 2018, ahead of schedule, Parrot announced in separate press releases last week (6 July). Initially, Faurecia was to take 5...
    Parrot Faurecia NIS8X00 infotainment system to feature OpenSynergy COQOS Hypervisor SDK
    Parrot Faurecia Automotive, a joint venture between Faurecia Automotive and Parrot SA, has entered a partnership with OpenSynergy, a company specializing in hypervisor technology, the company said in a press release last week. Under the collaboration, Parrot Faurecia’s new infotainment system (NIS...
    25-Jun-2018 News New Products
    Faurecia breaks ground on new interior systems plant in India
    Faurecia’s Interior Systems division has broken ground on new interior systems plant at Kia Motors India’s component Vendor Park A in Anantpur, Andhra Pradesh, (India), Autocar Professional reported on 14 June. The 15,000-square meter plant will make injection molding and assembly for supply to ...
    15-Jun-2018 News Investments
    Faurecia, FAW partner to develop innovative cockpit, sustainable mobility solutions
    Faurecia has entered a strategic partnership framework agreement with FAW Group to develop advanced cockpit technologies and sustainable mobility solutions, the French supplier said in a press release on 11 June. “We are very honored to have signed this strategic partnership with FAW, a leading OE...
    Exhaust Gas Heat Recovery Systems
    The internal combustion engine is still relevant today with most of the vehicles in the world. It is however observed that a large amount of energy generated by burning fuel is wasted via the exhaust manifold. Under a broad approximation, it can be stated that the exhaust gas in an ICE vehicle carri...
    Faurecia breaks ground on new interiors production facility in US
    French auto parts supplier Faurecia has broken ground on its new facility in Blue Springs, Missouri (United States) to manufacture and assemble door panels and instrument panels, according to a press release yesterday (30 May). The company had announced plans to open a new interiors production facil...
    31-May-2018 News Investments
    Faurecia invests in US-based thermal solutions start-up Promethient
    Faurecia has invested in US-based thermal management solution start-up Promethient, the two companies announced in separate press releases on 23 May. Promethient designs and produces Thermavance, a climate control technology that is adaptable for multiple vehicle thermal use cases.  As part ...
    Faurecia invests in US-based wireless charging solutions provider PowerSphyr
    Faurecia has announced a strategic investment in PowerSphyr, a US-based start-up specializing in wireless charging technology, the company said in a press release on 8 May. The French supplier has led the Series A funding round, which is scheduled to close on 30 July, at the start-up. P...
    Hannover Messe 2018: Faurecia to showcase fuel cell technology
    Faurecia will showcase its fuel cell technology at the Hannover Messe 2018 this week (23 to 27 April) in Germany, the French supplier said in a press release on 19 April. The company will display a high-pressure hydrogen storage system it is developing in collaboration with Stelia Aerospace Composit...
    23-Apr-2018 News New Products
    Faurecia’s Q1 sales up 2.6% y/y to USD5.3 billion
    French auto components supplier Faurecia has reported a growth of 2.6% year-on-year (y/y) in sales to EUR4.31 billion (USD5.3 billion) for the first quarter ended 31 March 2018, according to a company press release on 20 April. According to the company, sales rose 9.3% at constant currencies, signif...
    Faurecia opens new tech center in Japan
    French auto parts supplier Faurecia has opened a new tech center in Yokohama, Japan for its Seating, Interiors and Clean Mobility businesses, the company announced in a press release yesterday (I10 April). Commenting on opening the new tech center in Japan, Olivier Fidry, president of Faurecia Ja...
    11-Apr-2018 News Investments
    Faurecia secures order to supply seating solutions to BMW
    Faurecia has secured a major business order to supply seating solutions to the BMW Group, the French automotive supplier said in a press release on 28 March. Under the contract, Faurecia will supply just-in-time (JIT) seating assembly for seven models and seat structures for 10 models, including the...
    More OEMs adopt Faurecia’s ‘NAFILean’ lightweight, hemp-based biomaterials
    A growing number of original equipment manufacturers (OEMs) are adopting Faurecia’s ‘NAFILean’ lightweight hemp-based biomaterials, underlining its contribution in lowering fuel consumption and CO2 emissions, the French supplier said in a press release last week. After the first adoption ...
    21-Mar-2018 News New Products
    Faurecia invests in heat energy recovery start-up Enogia
    Faurecia Ventures has invested in a French heat energy recovery start-up Enogia, the company announced in a press release on 16 March. The financial details of the investment, however, were not divulged. “Enogia’s technology enables Faurecia to expand its portfolio of energy recovery solutions. ...
    Suppliers to the new Jaguar E-Pace
    The all new Jaguar E-Pace built on D8 platform is assembled at the Graz facility in Austria. According to IHS Markit production forecasts, output of the all-new generation Jaguar E-Pace is expected to peak in 2018 at more than 47,900 units. If you would like your com...
    Faurecia prices EUR700 million senior notes due 2025
    Faurecia has successfully priced its EUR700 million (USD860.9 million) senior notes due 2025, at 2.625%, the company announced in a press release last week (22 February). The French supplier announced plans to issue senior notes due 2025 in a benchmark size on 21 February. Faurecia mandated BNP Pari...
    Faurecia to issue senior notes due 2025
    Faurecia expects to issue senior notes due 2025 in a benchmark size, subject to market conditions, the company said in a press release yesterday (21 February). The company has mandated BNP Paribas, Natixis, and Société Générale (B&D) as joint global coordinators and CM-CIC, Commerzbank, and ...
    Faurecia’s 2017 sales up 10.6% y/y to USD20.3 billion
    French auto component firm Faurecia has reported a growth of 10.6% year-on-year (y/y) in net sales to EUR16.96 billion (USD20.3 billion) for the year ended 31 December 2017, according to a company press release on 16 February. Net income for the full year touched EUR714.5 million, which is a growth ...
    Faurecia to open new interiors production facility in US state Missouri
    Faurecia will open a new production facility in Blue Springs, Missouri (United States) to manufacture and assemble door panels and instrument panels, according to a press release on 15 February. The company will invest more than USD60 million in the new plant which will span approximately 250,000 sq...
    16-Feb-2018 News Investments
    CES 2018: Accenture shows multi-passenger, in-vehicle Amazon Alexa voice service
    Accenture showcased multi-passenger, in-vehicle Amazon Alexa voice service at CES 2018 in Las Vegas, United States, earlier this month, the company said in a press release. For demonstration, the company developed a system that integrates two Alexa agents directly within Parrot Automotive’s NIS 83...
    22-Jan-2018 News New Products
    Faurecia opens new technology center in US' Silicon Valley
    Faurecia has opened a new technology center in Silicon Valley, California (United States) yesterday (16 January), the company announced in a press release. The center will serve as an innovation hub, and will also support Faurecia Ventures, which is focused on accelerating the acquisition of technol...
    17-Jan-2018 News Investments
    Faurecia supplies seats, cockpit components for BYTON's first EV
    Faurecia is supplying seat parts and cockpit components for the new BYTON electric vehicle (EV) from Future Mobility, the company announced in a press release on 15 January. The French supplier is supplying complete front and rear seats for the vehicle, from trim covers to foams and even assembly. F...
    Faurecia, Accenture to jointly develop solutions for connected and autonomous vehicles
    French auto parts supplier Faurecia and Accenture, a global professional services company, have signed a five-year collaboration agreement to promote innovation for mobility services, the two companies announced in a joint press release last week (5 January). The companies will combine their experti...
    08-Jan-2018 News New Products
    Faurecia appoints François Tardif executive vice-president of Faurecia China
    Faurecia has appointed François Tardif as executive vice-president of Faurecia China, the company announced in a press release on 3 January. Tardif replaces Jean-Michel Vallin who is retiring. The appointment is effective from 1 January 2018. Tardif joined Faurecia in 2012 and initially served a...
    Faurecia invests in touch-recognition technology start-up Alsentis
    Faurecia has invested in US-based start-up Alsentis to reinforce its technology expertise in smart surfaces, the French supplier announced in a press release yesterday (11 December). Faurecia made the investment through Faurecia Ventures. David Weill, vice-president, marketing and business develo...
    12-Dec-2017 News Investments
    Faurecia inaugurates China and Asia Pacific R&D center in Shanghai
    Faurecia has inaugurated its new China and Asia Pacific research and development (R&D) center in Shanghai, located in the EUREKA Industrial Park in Minhang (China), the company announced in a press release yesterday (30 November). The new 45,000-square meter site will employ 620 people. The cent...
    01-Dec-2017 News Investments
    Faurecia forms new JV with China-based Wuling Industry for automotive interior
    Faurecia has entered into a new joint venture agreement with China-based Liuzhou Wuling Industry to develop and produce automotive interior products for the Chinese automotive market, the French supplier said in a press release on 29 November. The JV, Faurecia Liuzhou Automotive Interior Co, will su...
    Suppliers to the new Infiniti QX50
    The second generation Infiniti QX50 is assembled at Infiniti's Aguascalientes plant in Mexico. According to IHS Markit production forecasts, output of the 2018 Infiniti QX50 from the plant is expected to peak in 2018 at more than 35,800 units. If you would like your company include...
    CES 2018: Faurecia to showcase fully-integrated ‘cockpit of the future’, other disruptive innovations
    Faurecia will showcase its fully-integrated ‘cockpit of the future’ and other advanced technologies at the Consumer Electronic Show (CES) 2018, scheduled to be held in January in Las Vegas, United States, according to a company press release yesterday (16 November). According to the French suppl...
    17-Nov-2017 News New Products
    Faurecia partners with Indian Institute of Science to collaborate on artificial intelligence
    Faurecia has signed a research partnership with the Indian Institute of Science (IISc) on use of artificial intelligence (AI) in automotive applications, according to a company press release. Both partners will jointly conduct research to develop new technologies and solutions in three key areas: on...
    16-Nov-2017 News New Products
    Faurecia opens new technology center in Silicon Valley
    Faurecia has opened a new technology center in Silicon Valley, California (the United States), the company said in a press release on 10 November. The new tech center will help the French supplier strengthen its relationships with automakers, technology start-ups, universities and new players in the...
    14-Nov-2017 News Investments
    Faurecia acquires majority stake in Jiangxi Coagent Electronics
    Faurecia has acquired a majority stake in China-based infotainment supplier Jiangxi Coagent Electronics and renamed it to Faurecia Coagent Electronics S&T Co., Ltd., the French automotive supplier said in a press release yesterday (6 November). The JV will focus on developing integrated in-vehic...
    Faurecia to set up seating JV with BYD
    French automotive supplier Faurecia has set up a seating joint venture (JV) with BYD, called Shenzhen Faurecia Automotive Parts, the company announced in a press release on 31 October. The JV will develop and manufacture advanced seating solutions for BYD-affiliated OEM brands. Faurecia will control...
    Faurecia’s Q3 sales up 7.3% y/y to USD4.4 billion
    Faurecia has reported a 7.3% year-over-year (y/y) growth value-added sales  to EUR3.7 billion (USD4.4 billion) for the third quarter ended 30 September 2017, according to a company press release. The company posted strong organic growth in sales across all three business groups. Sales in Sea...
    Faurecia, Mahle partner to develop thermal management solutions for ‘cockpit of future’
    France-based Faurecia and Germany-based Mahle have entered a partnership to develop thermal management technologies for future mobility solutions, the companies announced in a press release on 10 October. The two partners will collaborate in the fields of air distribution, air conditioning integrati...
    IAA Frankfurt Motor Show 2017 – Powertrain Insights
    Transportation’s contribution to pollution has been and continues to be one of the greatest concerns for automotive industry leaders. A hundred years of internal combustion engine development may become obsolete in time with the evolution into electric mobility. However, in the meantime powertrain...
    Faurecia partners with CEA for fuel cell stack technologies
    French automotive supplier Faurecia has partnered with French Alternative Energies and Atomic Energy Commission (CEA) for research and development of fuel cell stack technologies, the company announced in a press release last week. Through the partnership the companies are planning to mass-produce a...
    IAA 2017: ZF, Faurecia unveil new seat concept for autonomous vehicles
    ZF and Faurecia are showcasing a new seat concept, designed for future self-driving cars, at their respective booths at the International Motor Show (IAA), currently being held in Frankfurt, Germany, according to a press release by ZF on 19 September. The new seat supports three different driver pos...
    IAA 2017: Faurecia to showcase infotainment, powertrain electrification technologies
    Faurecia will showcase a range of infotainment, powertrain electrification and interior solutions at the International Motor Show (IAA) this month in Frankfurt, Germany, the company announced in a press release on 6 September. The company will display advanced versatile seat structure (developed in ...
    08-Sep-2017 News New Products
    Faurecia to not make offer for Magneti Marelli, says CEO Patrick Koller
    Faurecia is not planning to make an offer for Magneti Marelli, a subsidiary of the Fiat Chrysler Automobile (FCA) group, reports La Tribune citing the company’s CEO Patrick Koller.  According to Koller, Faurecia had focused on this venture, valued at around EUR5 billion (USD5.9 billion), but ...
    Faurecia’s H1 net income up 28.3% y/y to USD358.7 million
    Faurecia has reported a 28.3% year-over-year (y/y) growth in net income to EUR314.4 million (USD358.7 million) for the first half ended 30 June 2017, the French supplier said in a press release last week (21 July). Operating income for the period grew 19.7% y/y to EUR586.7 million. The company poste...
    Faurecia acquires majority stake in Chinese infotainment supplier Jiangxi Coagent Electronics
    Faurecia has acquired a majority stake in China-based infotainment supplier Jiangxi Coagent Electronics (Jiangxi) for CNY1.45 billion (USD214.6 million), the French automotive supplier said in a press release yesterday (19 July). The deal is expected to close before the end of 2017. Commenting on...
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