Interiors giant Faurecia eyes exteriors in N.A.

2:31 pm U.S. ET | Aug. 6, 2013
Faurecia, a giant in interior parts, is now setting its sights on exteriors. The French supplier believes there is opportunity in bumper fascias, hoods and front-end modules in North America, says Mike Heneka, president of Faurecia North America.... Read More »


Faurecia plans to close 8 plants, report says

July 24, 2013 18:22 CET
Faurecia, the French supplier controlled by PSA, plans to close eight seat factories, mostly in Europe, as the region's slumping vehicle sales hit car production, sources said.... Read More »


For giant suppliers, future growth lies far from roots

12:34 pm U.S. ET | July 21, 2013
A new Korean plant built by Toyota affiliate Denso, which will supply Hyundai and its sister enterprises, underscores a shift in the auto parts industry, from suppliers linked closely to one automaker to a handful of global giants that assemble components for multiple automakers.... Read More »


Faurecia opens technical center, new headquarters in China

July 18, 2013 14:54 CET
Faurecia has opened a technical center in suburban Shanghai that will also function as the supplier's new China headquarters.... Read More »


Faurecia unveils plant cuts on car production drop

July 10, 2013 11:53 CET
Faurecia will close an acoustic components plant in western France and stop making plastic bumpers at a nearby site in response to falling car production at parent PSA/Peugeot-Citroen and its other automotive clients... Read More »


Faurecia bets on global projects to escape Europe market woes

June 12, 2013 10:49 CET
French supplier Faurecia is pushing for global supply contracts with customers such as Ford as it seeks to wean itself away from relying on its recession-strapped home region where new-car sales are falling for the sixth consecutive year.... Read More »


CLEPA names former PSA exec as new president

June 7, 2013 13:37 CET
European supplier group CLEPA has named former PSA executive Arnaud de David-Beauregard as its new president. The 63-year-old will start his new role on Jan. 1, 2014.... Read More »


Faurecia sells stake in China exhaust control plant to supplier Huaxiang

June 5, 2013 06:01 CET
French supplier Faurecia has sold a 49 percent stake in its emission control component plant in the southwest China city of Chengdu to its Chinese peer, Ningbo Huaxiang Electronic Co.... Read More »


Varin's PSA survival strategy raises tensions

June 3, 2013 06:01 CET
PSA/Peugeot-Citroen CEO Philippe Varin will have to navigate the Peugeot family and the French government to ensure the survival of the struggling automaker. Varin, 60, this week starts his second four-year term as head of the money-losing company.... Read More »


Faurecia is poised to deploy cost-cutting plan for Europe

May 30, 2013 12:49 CET
Faurecia said its efforts to reduce costs will be in place by the end of next month. The supplier plans to eliminate about 3,000 jobs in its home region.... Read More »


Faurecia, China's Changan form JV to make interior parts

May 1, 2013 13:28 CET
Faurecia has formed a joint venture with China's Changan Automobile Group that will build two factories to produce instrument panels, door panels, consoles and other interior components.... Read More »


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