[28/05/09] Faurecia opens global seat mechanisms center at Caligny (France)
Officially opened on May 27 by Yann Delabrière, the Global Seat Mechanisms Center is located at Caligny, near Flers in western France. Built on a 40,000-sqm site, the facility combines a manufacturing plant, an international R&D center and an industrial training campus. Faurecia Caligny, which represents an investment of €50 million for the Group, will ultimately employ 1,400 people.
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[22/05/09] Success of Faurecia’s rights issue
Faurecia announces today the results of its rights issue with preferential subscription rights, launched on April 30, 2009 for a gross total amount of EUR 455,374,192, by issue of 65,053,456 new shares.
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[28/04/09] Faurecia launches a 455 million euros rights issue with preferential subscription rights
Visa Nr. 09-109 dated April 27, 2009, granted by the Autorité des marchés financiers (AMF)
Within the framework of its “Challenge 2009” plan, Faurecia launches today a rights issue for an amount of approximately 455 million euros in order to strengthen the Group’s equity and improve its liquidity. The proceeds of the rights issue will be allocated to cover the shortfall in consolidated net working capital for an amount of approximately 250 million euros and, for the remaining funds, to improve the Group’s liquidity and optimize its financing costs.
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[28/04/09] 2008 Registration document
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[21/04/09] First quarter 2009 sales
Faurecia’s consolidated sales for the first quarter of 2009 totaled 2,007.8 million euros, slipping 38.1% in relation to the first quarter of 2008. Excluding monoliths, like-for-like sales were down 35.0%.
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[10/04/09] Philippe Varin, new director at Faurecia
At its meeting held on 9 April 2009, the Board of Directors of Faurecia has formally recorded Mr. Christian Streiff’s resignation from his term as a director of Faurecia. The Board of Directors has expressed its thanks to Mr. Christian Streiff for his contribution to Faurecia. The Board of Directors has co-opted Mr. Philippe Varin, who will take over as Chairman of the Managing Board of PSA Peugeot Citroën as of 1 June 2009.
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[10/04/09] Faurecia has completed the first phase in securing its financing
At its meeting held on 9 April 2009, the Board of Directors approved the completion of the first phase in securing Faurecia’s financing under the “2009 Challenge” plan.
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[10/02/09] Second half and full year 2008 results
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[19/12/08] Compliance with AFEP/MEDEF recommendations on the compensation of senior
managers with the status of corporate officers of listed companies
At its meeting on December 18, 2008, the Board of Directors noted the AFEP/MEDEF1
recommendations of October 6, 2008 concerning the compensation of senior managers
with the status of corporate officers.
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[11/12/08] Faurecia to Downsize its French Automotive Seating Business Unit
Faurecia’s Automotive Seating business, which has been suffering from a rapid and drastic
decline in activity since the third quarter, has just presented a project to rationalize its French
business unit (for “metal” components) to the labor unions and employee representatives.
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[27/11/08] Faurecia
has finalized financing worth 1.42 billion euros
In difficult market conditions, Faurecia today signed
a new financing facility for a total of 1.42 billion euros.
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[19/11/08] Faurecia
“Light Attitude” introduces breakthrough concepts for reducing vehicle weight
New materials and clever designs provide a look
into the future – inside, outside and under the car.
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the press kit
[20/10/08] 2008
Third quarter 2008 sales
Third quarter 2008 sales up 1.6%
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[22/07/08] 2008 First Half Year results
- Strong sales growth in North America (19.6%), South America (26.5%) and Asia (13.4%)
- Return to positive profitability in North America (10.0 million euros)
- Improvement in the Group operating income (90.3 million euros or 1.4% of sales)
- Net cash flow up
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the presentation
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the interim report
[10/07/08] Faurecia wins 2008 global supplier quality award from Nissan
Faurecia has been recognized by Nissan Motor Co., Ltd. as one of three suppliers to earn its highest honor, the 2008 Global Supplier Quality Award. Faurecia is the only non-Japanese supplier to win this prestigious quality award this year.
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[10/07/08] Toyota Boshoku Corporation will take over Sieto
Faurecia, an automotive parts supplier, and Toyota Boshoku Corporation, a components subsidiary of the Toyota Group, have today agreed that Toyota Boshoku Corporation plans to take over Sieto, a Faurecia subsidiary located in Somain, near Lille, in northern France.
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[06/05/08] Faurecia’s industrial development enters a new phase in the Czech Republic
The growth strategy of Faurecia, Europe’s number two automotive supplier, has led the Group to reinforce its industrial presence in Central Europe, where all the main automakers are currently expanding. In order to meet its customers’ requirements in terms of proximity, quality and competitiveness, Faurecia has strongly developed its presence in the Czech Republic over the last five years.
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[17/04/08]2008 first quarter sales
Faurecia continues growth outside Europe in the first quarter of 2008
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[21/03/08] Denial Lettre de L’Expansion.
Faurecia formally denies the information published this morning, 21 March 2008, in La Lettre
de l'Expansion.
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[17/03/08] Faurecia to open a plant in Morocco.
Faurecia, Europe’s second-ranking automotive equipment supplier, is to open an automotive seating trim cover production plant in Kenitra (Morocco). The site represents an investment of €10 million and will ultimately employ more than 650 people.
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[13/03/08] APROSYS project: Faurecia co-develops a pre-crash vehicle safety system that is destined to save lives following side impact.
Vehicle users of the future will be considerably safer in the event of a side-on collision thanks to the APROSYS (Advanced PROtection SYStems) project that was unveiled last week in Valladolid, Spain.
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[28/02/08] Faurecia supplies the interior of BMW's all-new Sports Activity Coupe, the BMW X6.
For its European premier at the Geneva Motor Show 2008 (6-16 March 2008), the
BMW X6 introduces a whole new vehicle segment to the industry – the Sports
Activity Coupe.
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[11/02/08] First stage of Faurecia’s recovery plan.
Second half and full year 2007 results.
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[22/01/08] Faurecia's clean diesel expertise
brings a breath of fresh air to North America
Auburn Hills, Mich. – Faurecia's exhaust systems business is in a strong position
to lead the way in North America's growing diesel market as the automotive industry
braces itself for a green revolution.
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[13/12/07] Faurecia
launches “Premium Attitude”: added-value for automakers through design, innovation
and engineering
Faurecia’s new Premium Attitude concept car reveals
the next generation of innovations available to automakers..
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the Faurecia Premium Attitude press kit
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[15/11/07] Faurecia
Premium Attitude at the 2007 Los Angeles Auto Show
The Los Angeles Auto Show is the place to see the
latest trends and innovations in the hottest new cars and trucks on the market.
Among the vehicles unveiled at the show, 8 are significantly equipped with Faurecia's
modules. It will be the opportunity to discover the new Faurecia Premium Attitude
Concept Car, which will make its debut at the show.
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the Los Angeles press kit
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the Premium Attitude press kit
[08/11/07] Michael T. Heneka appointed President
of Faurecia North America
Michael T. Heneka has been appointed President of Faurecia North America. Michael
takes over from James C. Orchard who has left the company to pursue another
opportunity outside the Group.
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[24/10/07] 2007
Third quarter 2007 sales
Faurecia's third quarter 2007 sales grow by 8.7%
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[19/07/07]Faurecia
São João da Madeira will manufacture seat structures for the new Volkswagen
Polo and SEAT Ibiza
The Volkswagen group has awarded Faurecia the contract
to manufacture seat structures for a new program.
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[18/07/07] 2007 First
Half results
- Business upturn in Europe (+2.6%) and strong growth
outside Europe (+40.2% in North America and +21.7% in Asia)
- Strong growth with BMW, Chrysler and Hyundai
- Recovery in operating income (EUR 62.8 million or 1% of sales) compared with
the second half of 2006
- Rapid but yet-to-be controlled growth in the United States
- Debt contained
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the interim report
[16/07/07] Webcast
of Faurecia's first half 2007 results
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information
[30/05/07] Faurecia
2006 Interactive annual report is on line
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to the report
[10/05/07]
Faurecia joins forces with Shinsung Delta Tech to produce plastic parts for the automotive industry in South Korea
On April 24, 2007 Faurecia – Europe’s second largest automotive equipment supplier and the ninth
largest worldwide – signed a partnership agreement with the South Korean company Shinsung Delta Tech Co, Ltd for the production of instrument panels, door panels and center consoles in South
Korea.
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[18/04/07]
2007 First-quarter Sales: Growth buoyed by start-ups in North America and Europe
Faurecia’s sales were up 11.5% totaling €3,243.4 million for the first quarter of 2007. Excluding sales of monoliths, and at constant exchange rates, sales rose by 10.7%.
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[02/03/07]
Faurecia at the 2007 Geneva Motor Show
The 77th International Geneva Motor Show provides an excellent opportunity to discover a host of new vehicles presented by the world's
automakers. Among the vehicles unveiled at the show, 13 are significantly equipped with Faurecia's modules.
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the press kit
[21/02/07]
Comfort, luxury and innovation: Faurecia's contribution to the all-new 2007 Dodge Avenger
For this major Chrysler vehicle platform, which includes both the Dodge Avenger and the Chrysler Sebring, Faurecia delivers its first ever front-end module for the North American market, along with four other innovative modules.
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[16/02/07]
Yann Delabrière appointed Chairman and Chief Executive Officer of Faurecia
Yann Delabrière was appointed Chairman and Chief Executive Officer of Faurecia during a meeting of the Board of Directors today.
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[06/02/07]
Proposed appointment of Yann Delabrière as Chairman and CEO of Faurecia
On February 16, Faurecia's Appointments and Compensation Committee will propose to the Board of Directors the appointment of Yann Delabrière as Chairman and CEO of Faurecia. He will replace Grégoire Olivier, who has been asked to join the Managing Board of PSA Peugeot Citroën from today.
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[05/02/07]Second
half and full year 2006 results
• Continued sales growth.
• Exceptional provisions for restructuring and Vehicle Interior impairment
of assets.
• Drop in operating income:
- Declining volumes in Western Europe,
- Price/raw materials squeeze effect,
- Start-up costs in the United States.
• Financial debt contained.
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[31/01/07]Faurecia's HIM3 door module honored in the United States with SPE Automotive Innovation Award
DaimlerChrysler Corporation and Faurecia have been recognized in the United States for their innovation in plastics following the development of a door module that integrates a rail-less window regulator. This innovation was introduced on the all-new 2007 Dodge Nitro.
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[23/01/07]Faurecia increases its involvement in the Dacia Logan program
Faurecia has just taken over the 50% interest owned by the Portuguese automotive supplier Simoldes Plasticos in the share capital of Romanian company Euro Auto Plastic Systems (Euro APS). Faurecia and the Croatian car components manufacturer AD Plastik now each hold 50% of Euro APS's capital, with Faurecia taking full responsibility for the operational management of the joint venture.
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[11/01/07]German innovation award for Faurecia's
polyurethane cast skin technology
Faurecia has been awarded by the German Plastic Foam Association (FSK) during
the 20th Foam Plastics Conference organized in Stuttgart for the development
of an innovative interior surface technology called “PUR cast”. This Faurecia’s
innovative system received the first prize in the Industry category.
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[12/10/06] Third quarter 2006 shows stable sales
Faurecia sales increased 3.7% to €2,589.1 million in the third quarter
of 2006 and dipped 0.3% at constant exchange rates, excluding monoliths.
Exchange rate fluctuations had a negative impact of 0.4%.
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