Faurecia

Faurecia increases earnings target

July 29, 2014 11:39 CET
Faurecia raised its 2014 earnings forecast after first-half profit jumped 21 percent on strong demand in Asia and higher market share in its home region....
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ANE monthly e-magazine goes live Monday

May 2, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, May 5....
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CLEPA CEO Gales steps down

April 30, 2014 13:43 CET
Industry veteran Jean-Marc Gales has stepped down as CEO of the European supplier group CLEPA. Before joining CLEPA, Gales, 51, was head of brands at PSA and had held high-level jobs with Mercedes, VW, BMW and Opel....
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EU antitrust regulators raid Faurecia, Tenneco, other exhaust suppliers

March 25, 2014 17:32 CET
EU antitrust regulators raided Faurecia, Tenneco and several other auto exhaust system makers in the latest crackdown against suspected price-fixing in the auto industry....
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New PSA boss Tavares eyes further cost cuts

March 3, 2014 21:32 CET
PSA/Peugeot-Citroen may seek more cost savings and does not rule out capacity cuts in France after 2016 if they are needed to turn the struggling carmaker around, new CEO Carlos Tavares said....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Automakers, suppliers extend strong gains in Q4

Feb. 18, 2014 06:01 CET
After particularly strong Q3 gains, automakers, suppliers and retailers saw further improvements in the final quarter of 2013, as measured by the ANE/PricewaterhouseCoopers Transaction Services Shareholder Value Indices....
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A soothing tryout in the seat of power

12:01 am U.S. ET | Feb. 17, 2014
I sampled the Oasis seat's pleasures during a visit last month to Faurecia's exhibit at the Detroit auto show....
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Self-adjusting seats aim for the perfect fit

12:01 am U.S. ET | Feb. 16, 2014
With as many as 22 controls, seats in a luxury sedan can befuddle the average motorist. Not to worry: Automakers and key suppliers are developing self-adjusting seats that use cameras and pressure sensors to automatically fit the occupant's contours....
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Audio system gives smaller engines a V-8 vroom

12:01 am U.S. ET | Feb. 15, 2014
Luxury car buyers are getting accustomed to vehicles with smaller, turbocharged engines, but many still want their powertrains to sound like big, rumbly V-8s. Faurecia SA thinks it has the answer....
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Faurecia second-half profit jumps 34% on Asia growth

Feb. 12, 2014 13:42 CET
French supplier Faurecia says second-half earnings rose 34 percent on robust demand in Asia and the beginning of a recovery in its home region's automotive market....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Faurecia, Magneti Marelli team up to capitalize on booming, lucrative HMI sector

Jan. 16, 2014 06:15 CET
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 applications....
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Former PSA executive is new CLEPA president

Jan. 14, 2014 14:51 CET
Former PSA executive Arnaud de David-Beauregard is the new president of European supplier group CLEPA....
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Faurecia trims mid-term goals after acquisitions

Nov. 25, 2013 14:22 CET
Faurecia said that it has trimmed its mid-term sales and margin goals as it digests several acquisitions made over the past few years....
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Magna will grow, but not via PSA's Faurecia stake, CEO says

Nov. 22, 2013 11:11 CET
Magna International has the balance sheet and cash flow to support growth, but won't bid for PSA's stake in supplier Faurecia, said Don Walker, the company's CEO....
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PSA share sale hits snag as Dongfeng seeks smaller stake, report says

Nov. 20, 2013 16:34 CET
PSA/Peugeot-Citroen's plan to raise funds through a share sale have hit a snag as China's Dongfeng Motor seeks a smaller stake than first discussed, sources said....
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PSA mulls Faurecia stake sale to complete Dongfeng tie-up, report says

Nov. 15, 2013 17:50 CET
PSA is preparing for a possible sale of its profitable Faurecia components division to accompany a tie-up with China's Dongfeng, sources said....
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Peugeot mulls Faurecia sale with Dongfeng tie-up, report says

Nov. 15, 2013 17:45 CET
French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany a tie-up with China's Dongfeng Motor Group, several sources with knowledge of the situation told Reuters....
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Peugeot mulls Faurecia sale with Dongfeng tie-up, report says

11:45 am U.S. ET | Nov. 15, 2013
French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany a tie-up with China's Dongfeng Motor Group, several sources with knowledge of the situation told Reuters....
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Faurecia's China sales rise 26% in third quarter

Oct. 30, 2013 12:13 CET
French supplier Faurecia said sales in China rose 26 percent to more than 338 million euros (2.84 billion yuan) in the third quarter....
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Faurecia U.S. plant in Kentucky joins union

Oct. 27, 2013 06:01 CET
Workers at French supplier Faurecia's U.S. plant in Louisville, Kentucky, have elected to join the United Auto Workers union....
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Faurecia plant in Louisville joins UAW

3:20 pm U.S. ET | Oct. 25, 2013
Workers at the automotive supplier Faurecia Interior Systems Inc. plant in Louisville, Ky., have elected to join the UAW....
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Faurecia posts flat third-quarter revenue on currency woes

Oct. 23, 2013 11:10 CET
Faurecia, the French supplier owned by PSA/Peugeot-Citroen, said revenue rose 0.8 percent in the third quarter as currency effects curbed sales growth....
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Old Ford interiors factory lights Faurecia's fire

12:01 am U.S. ET | Sept. 16, 2013
French supplier Faurecia, after acquiring Ford Motor Co.'s unwanted interiors plant near Detroit a year ago is poised to become even more important....
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Faurecia looks at making more exterior parts

12:01 am U.S. ET | Aug. 19, 2013
The French supplier believes there is opportunity in bumper fascias, hoods and front-end modules in North America....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Partsmakers take a hit

Aug. 15, 2013 06:01 CET
Europe's top partsmakers had a tough 2012. Overall European sales by suppliers in the top 30 ranking fell by...
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