Strategy / 28/06/2013
Faurecia becomes North America’s 5th automotive supplier
This jump was prompted by a growth in sales to more than $6 billion, compared to $4.7 billion in 2011.
Faurecia North America, which now accounts for nearly 30% of the company’s total sales, is even projecting sales of $7 billion for 2016. Growth continued in the first quarter of 2013, when Faurecia North America reported a 21.5% increase in sales, driven by significant advances in the interior systems business and automotive seating.
“Faurecia’s ranking reflects our company’s progressive expansion across the U.S., Mexico and Canada over the past several years,” said Faurecia North America President Mike Heneka. “We have gained increasing recognition for our technology innovation, and our introduction of new lightweight products that save fuel, reduce emissions and make driving more comfortable has drawn the attention of a steadily enlarging proportion of the automaker market. We are most grateful for our customers’ confidence in our capabilities and for their partnership in our growth.”
The Group is still the world’s 6th automotive supplier.
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Strategy / 04/07/2017
Faurecia signs a new joint venture with Dongfeng Motor Corporation and expands partnership to Faurecia Clean MobilityFaurecia today signed a joint venture agreement for its Clean Mobility business with Dongfeng Motor Parts & Components Group CO., Ltd in Wuhan.+