Strategy / 05/05/2014
Faurecia opens a seat cover and trim technology laboratory in Mexico
The 20 engineers and technicians assigned to the facility will work to develop these components, which are essential to the ambience, comfort and safety of the passenger compartment.
The new laboratory will enable Faurecia Automotive Seating to better anticipate the expectations of its customers with plants in Mexico (Volkswagen, Nissan and Chrysler, among others) and more quickly meet their needs.
At the end of 2013, Faurecia had 10 plants and 9,000 employees in Mexico.
By 2020, Mexico is projected to be producing almost 4.5 million vehicles a year for the local, North American and South American markets.
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Strategy, Finance / 19/04/2016
2016 Investor day - Faurecia to accelerate profitable growth and enhance technology offer to become leader in sustainable mobility and cockpit of the futureAt its Investor Day held today in Paris, Faurecia outlined its strategy for accelerating value creation. For the period 2016 – 2018 the Group will see total sales growth of 6% CAGR (400 basis points above automotive production). The operating margin in 2018 will reach 6% of total sales (7% of value added1 sales). Net Cash Flow will be above €500 million and earnings per share will reach €5.+
Strategy, Finance, Technology, Corporate / 09/03/2016Faurecia supplies a large number of equipments for the 4th Scenic generation, revealed at the 2016 Geneva Motor Show+