/

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
UBS reducing F1 sponsorship
Sep.1 (GMM/Inautonews.com) Major F1 sponsor UBS is scaling down its investment in the sport. The Swiss based global financial services ...
Corvette Museum to fill car-nabbing sinkhole
The National Corvette Museum’s board of directors in Kentucky voted to fill an entire hole that opened up in February ...
California lawmakers adjourn without helping Tesla
Californian lawmakers are set to postpone the idea of coming up with incentives to tempt Tesla Motors Inc. to build ...
Tesla vs. dealerships dispute heightens in Georgia
Tesla Motors Inc., which has previously fought U.S. dealers over direct sales of its electric cars, has to face a ...
Japan car sales hit lowest point since 2011
The auto sales in Japan have reached a three-year low last month, showing a decline in what the consumers are ...
Fiat-Chrysler to see New York stock market listing in October
CEO Sergio Marchionne said on Saturday that Fiat-Chrysler plans to list shares of the soon to be merged carmaker in ...
[Video] Land Rover learns survival skills from Bear Grylls
The well-known television star, British survivalist and Mount Everest conqueror Bear Grylls has became Land Rover’s new global brand ambassador. The ...
[Video] Jaguar prepares XE S reveal on September 8 with hot teaser
The British brand has prepared a teaser video that spearheads the online unveiling of the 2015 XE S. The full ...
Saab carmaker NEVS wins creditor protection
China’s National Electric Vehicle Sweden (NEVS), the owner of the Saab automaker since 2012, has won protection from creditors thanks ...
[Video] Mopar offers preview of 2015 Dodge Challenger Drag Pak Test Vehicle
During the NHRA US Nationals in Indianapolis, Chrysler’s performance division Mopar showed off with its Challenger Drag Pak Test car ...
US auto sales remain balanced as the summer ends
Compared to last year, the U.S. auto sales in August will be about the same, continuing the recovery from the ...
New Opel Corsa configurator launched
The subcompact model is utterly important to Opel’s revival strategy, being the brand’s bestseller. So, no detail has been left ...
Great Wall is building a Russian Plant
China’s largest SUV maker, Great Wall Motor Co. has announced it has started construction of a $520.7 (3.2 billion yuan) ...
Chrysler merger with Fiat is on track
Fiat said that its merger with Chrysler is on track after a tally of shareholders votes showed there are no ...
Another exec at FAW investigated by China’s watchdog
China’s anti corruption enforcers are probing another former senior executive of the FAW Group, the latest target in the series ...
[Videos] BMW releases huge gallery for the M4 Cabrio
The long-awaited M4 Cabrio is arriving quite late in the year, with the summer all but ready to make way ...
US: California ranger found asleep with beer between legs
If the California State Parks ranger escapes without losing his job and DUI charges, he’s not going to be the ...
Nissan reveals pricing details for the 2015 Rogue
The Japanese automaker has officially released pricing info for the US market of the 2015 model year Rogue, with the ...