Faurecia

Faurecia predicts 2015 profit boost on weak euro

Feb. 12, 2015 09:57 CET
Faurecia said a lower euro and cheaper raw materials would lift profit in 2015 as it posted solid second-half earnings growth. Net income rose to 78 million euros ($88 million) in the half, a 47 percent gain....
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Suppliers dream up future innovations. Will automakers bite?

12:01 am U.S. ET | Jan. 26, 2015
Suppliers try to look over the horizon and craft new features and equipment for autos....
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Faurecia expects tech to fuel growth; CEO sees benefits from megasupplier trend

12:01 am U.S. ET | Dec. 22, 2014
Faurecia CEO Yann Delabriere, 64, is counting on the French supplier to provide high-tech products to meet customer demands anywhere in the world....
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ANE's December e-magazine goes live Monday

Nov. 28, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Dec. 1. This month's edition looks at how German premium automakers plan to profit from plug-in hybrids....
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Faurecia aims to nearly double sales in China by 2018

Nov. 12, 2014 11:07 CET
Faurecia is targeting sales of more than 4 billion euros ($4.97 billion) in China by 2018, up from the 2.3 billion euro estimated for this year. The supplier says it will invest 400 million euros in the country over the next five years....
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Faurecia promotes seating chief Koller to No. 2 role

Nov. 5, 2014 11:48 CET
Faurecia promoted its automotive seating boss, Patrick Koller, to the role of chief operating officer as the company enlarged its top team to reflect its own recent expansion while preparing CEO Yann Delabriere's eventual succession....
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Detroit Manufacturing Systems to hire 200 workers to support new F-150

3:25 pm U.S. ET | Oct. 30, 2014
Detroit Manufacturing Systems LLC plans to hire 200 assembly workers by January 2015 to support production growth of the Ford F-150 truck....
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Faurecia sales rise on European auto recovery, U.S. rebound

Oct. 16, 2014 17:55 CET
Faurecia said third-quarter revenue rose 6.5 percent on a rebound in U.S. sales and a tentative recovery in Europe's vehicle market....
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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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