Post Tagged with: "faurecia"

Read By

Faurecia announces retirement of North American leader

Faurecia announces retirement of North American leader

According to a statement by the European seating and emissions systems supplier, Mike Heneka will retire from his position of president of Faurecia North America Inc. from March 1. Heneka, who was responsible for a massive expansion strategy in the United States, will be replaced by Mark Stidham, president of […]

Europe: Faurecia increases dividends on higher profit

Europe: Faurecia increases dividends on higher profit

Faurecia SA, Europe’s biggest car interior supplier, has announced it would move to increase the annual dividends after its second-half profit soared by 29 percent thanks to increased demand from the Asian and European regions. The Nanterre, France-based Faurecia announced in a recent statement that its operating income climbed from […]

Europe: suppliers follow the megatrends and rewards come in

Europe: suppliers follow the megatrends and rewards come in

Numerous European suppliers, such as Faurecia and Valeo have previewed a half to full decade window of increased expansion, mainly buoyed by the latest auto industry megatrends. The latest report shows the parts makers get above-average organic growth from such megatrends as the race to introduce partially and fully autonomous […]

PSA’s Faurecia increases first quarter revenue

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 […]

Europe: Faurecia profit up 34% thanks to emerging markets

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 region. According to a statement form Nanterre, France-based Faurecia, the company’s operating profit went up to 282 million euros ($384 […]

Faurecia and Magneti Marelli team up for HMI sector

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 Magneti Marelli will cooperate on the design, development and manufacturing of advanced HMI products. The partnership should help the […]