/

Browse faurecia articles

PSA’s Faurecia increases first quarter revenue


Faurecia SA, Europe’s biggest car interior maker, partly owned by France’s PSa Peugeot Citroen announced its first quarter revenue grew 3.4% thanks to increased Asian sales and a recovery of the European core market. Faurecia, which is 52% owned by PSA, is moving towards an Asian and North American expansion to alleviate its European dependence – after the region’s market was ...
Read more

related more
spacer
spacer

More faurecia articles

Europe: Faurecia profit up 34% thanks to emerging markets
Faurecia, which is Europe’s largest producer of car interiors announced its second-half earnings went up 34% thanks to growing sales in Asia and a welcomed recovery start in the home ...
Faurecia and Magneti Marelli team up for HMI sector
Suppliers Faurecia and Magneti Marelli have joined forces to challenge rivals such as Continental, Delphi, Denso and Harman in the booming and lucrative sector for human-machine interface (HMI) applications. Faurecia and ...
PSA’s Faurecia cuts mid-term goals due to recent acquisitions
Faurecia, the supplier controlled by PSA/Peugeot-Citroen, announced it has trimmed its mid-term sales and margin goals as it digests several acquisitions. Faurecia said it would target revenue of 21 billion euros ...
Magna’s CEO says his company doesn’t need PSA’s Faurecia
The Canadian company's chief executive said in an interview yesterday that auto parts maker Magna International Inc has room to grow, but it won't bid for PSA Peugeot Citroen's stake ...
Report – PSA to sell Faurecia in wake of Dongfeng tie-up
Several sources with knowledge of the situation said the French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany the tie-up with ...
Faurecia and Michelin Report Profits Down on Europe Slump
During the first half of the year, Michelin and Faurecia reported a 10% drop in profit, as automakers lowered prices on slumping demand in Europe. Michelin, which is the largest tiremaker ...
Faurecia Might Close Eight Plants by 2017, Most of Them Located in Europe
According to an anonymous source Faurecia will close eight plants in the following four years, most of them located in Europe. Most of the facilities to be closed are located in ...
Faurecia Might Sell a Plant in France and Cut Jobs at Another
Faurecia is expected to announce today, July 10th, its plans to sell one of its plants in France and cut jobs at another factory as it struggles with low demand ...
Faurecia Begins Cost-Cutting Strategy at the End of June
French auto-parts maker Faurecia said that its efforts to cut costs in Europe will be in place by the end of June. Faurecia, which is 57% owned by PSA Peugeot Citroen, ...

latest automotive news
End of an Era: Fiat merges with Chrysler
Today is the end of Fiat as an Italian company after it merges with Chrysler. Fiat SpA, the largest manufacturer ...
40% of BMW sales from front-wheel models
BMW and Mini are preparing to launch quite a few front-wheel drive models as Corporate and Governmental Affairs spokesperson for ...
Alfa Romeo not for sale
It hasn’t been the best kept secret that Volkswagen Group has wanted for the past 2 years to acquire the ...
Auto industry sales to rise 11% in July
July is expected to bring an 11% increase in the new cars and trucks sales, as U.S. consumers took advantage ...
Successful first half of 2014 for Porsche
Porsche has boosted its revenue and profit in the first 6 months of the year as the company released a ...
Last Lamborghini Veneno Roadster for sale by German dealership
A German dealership is offering the last Lamborghini Veneno Roadster for sale at a whopping price of 5.4 million euros. Usually ...
[VIDEO] Drifting world record set in Toyota GT86 – 145 km
A Toyota GT86 has managed to set a drifting world record on an improvised track after travelling sideways for no ...
Citroen DS3 Cabrio DStyle by Benefit
A new special edition of the Citroen DS3 Cabrio has been introduced, the DS3 Cabrio DSTyle by Benefit, which is ...
Mercedes-Benz S-Class Pullman leaked
The hot version of the new-gen Mercedes-Benz S-Class, the Pullman, has recently leaked in some patent drawings which have ended ...
Hyundai plans subcompact crossover to rival Nissan Juke
The South Korean based automaker Hyundai is planning to introduce a small crossover in its lineup which will become a ...
Top U.K. dealership sells its 1000th Dacia
Ness Motors (Inverness, Scotland) have sold their 1000th Dacia, a landmark for the dealership, making them the no. 1 Dacia ...
Unique number plates for supercars in U.K.
Even if nowadays we can change almost everything about the cars we own, the laws insist on using the same ...
Mazda and Subaru profit from strong U.S. sales
Mazda Motor Corp and Subaru parent company Fuji Heavy Industries Ltd. said they are on the way to making full-year ...
Ford and GM sued for music piracy
Due to a feature embedded in their audio unit software, the cars produced by GM and Ford can actually rip ...
Tesla and Panasonic, partners for Gigafactory
The first gigafactory in the world is now closer to become a reality as Tesa and Panasonic officially announced they ...
BMW 2-Series Active Tourer gets priced in Australia
BMW has just introduced the new 2-Series Active Tourer in Australia where the compact MPV has a base starting price ...
Mercedes-Benz AMG GT – first image showing its interior design
The first image with the interior design of the upcoming Mercedes-Benz AMG GT has recently ended up onto the web. The ...
[VIDEO] Take a drifting lesson from Chris Harris in the BMW M235i Coupe
Famous automotive journalist Chris Harris has just released an interesting video in which he is basically teaching you how to ...