Faurecia accelerates margin target as first-half earnings surge

July 24, 2015 10:47 CET

Faurecia's first-half earnings surged 40 percent as sales growth outpaced auto-market expansion in Europe and North America. The supplier now plans to reach an operating margin of 4.5 percent to 5 percent in the second half rather than in 2016....
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Faurecia explores sale of bumpers unit, report says

July 21, 2015 10:26 CET

Faurecia is exploring a sale of its bumpers business, sources said, as the supplier seeks to free up resources to fund expansion in China. The unit may fetch as much as $450 million, the sources said...
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Faurecia to close French seat-frame plant

June 11, 2015 12:11 CET

French supplier Faurecia said today that it plans to close a plant producing seat frames in eastern France on falling demand from domestic carmakers....
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Faurecia sales boosted by European car demand, weaker euro

April 15, 2015 18:46 CET

Faurecia said its first-quarter sales rose 14 percent, helped by currency tailwinds and a recovery in European vehicle demand....
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Faurecia forms joint venture with China's Dongfeng

March 31, 2015 11:26 CET

Faurecia has agreed to form a joint venture with Dongfeng Motor to help increase its presence in the world's biggest car market. Faurecia is majority-owned by PSA/Peugeot-Citroen. Dongfeng has a 14 percent stake in PSA....
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How Faurecia made over a Visteon relic

12:01 am U.S. ET | March 22, 2015

Faurecia knew it had a big job converting a castoff Visteon plant it bought in 2012 in Michigan into a profitable operation. But Saline now has three key ingredients for survival: an owner with deep pockets; a loyal customer, Ford; and a pragmatic union....
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BLOG: That vroom-vroom … is it real or digital?

11:03 am U.S. ET | March 20, 2015

The sound of a car's exhaust is its sonic signature. But there's something about outright digitally manufactured sound that crosses a line in the sand for those who like their tailpipes to sound pure and natural....
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Guess that tune: Will these digital exhaust notes trick you?

10:43 am U.S. ET | March 20, 2015

Here are three car exhaust sounds generated by Faurecia, being played over a BMW 328i 2.0 liter 4-cylinder. Can you identify which engine makes the sound?...
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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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Mazda marketer slams autonomous cars, protects 'Zoom-Zoom'

Mazda marketer slams autonomous cars, protects 'Zoom-Zoom'

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