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Faurecia is a French global automotive supplier headquartered in Nanterre, in the western suburbs of Paris. In 2018 it was the 9th largest international automotive parts manufacturer in the world and #1 for vehicle interiors and emission control technology. One in three automobiles is equipped by Faurecia[1]. It designs and manufactures seats, exhaust systems, interior systems (dashboards, centre consoles, door panels, acoustic modules) and decorative aspects of a vehicle (aluminium, wood).

Faurecia
Société Anonyme
Traded asEuronextEO
CAC Next 20 Component
ISINFR0000121147 Edit this on Wikidata
IndustryAutomotive
PredecessorTACO Faurecia Design Center Edit this on Wikidata
Founded1997
Headquarters,
Number of locations
35 countries
Area served
International
Key people
Patrick Koller, CEO
ProductsAutomotive seating, interiors and emissions control technologies
ServicesDesign and manufacture of automotive sub-systems for the Volkswagen group, PSA Group, Renault-Nissan, Ford, General Motors, BMW, Daimler, FCA, Toyota, Hyundai-Kia, BYD and other automotive OEMs
RevenueIncrease €17,52 billion (2018)
Increase €1,27 billion (2018)
Increase €701 million (2018)
OwnerThibaud Edit this on Wikidata
Number of employees
122,000 (2019)
ParentThibaud Edit this on Wikidata
Websitehttp://www.faurecia.com/en

While French car manufacturer Groupe PSA is Faurecia's controlling shareholder, holding around 57.4% stake, Faurecia is run as an independent company.[2]

Faurecia's customers include the Volkswagen group, PSA Peugeot Citroën, Renault-Nissan, Ford, General Motors, BMW, Daimler, Fiat/Chrysler, Toyota, Hyundai-Kia, Jaguar Land Rover and BYD among others. Faurecia employs 8,300 engineers and technicians. The company operates over 300 production sites and 35 R&D centres in 37 countries worldwide, with 403 patents filed in 2017. About half of these sites are manufacturing plants operating on the just-in-time principle. Faurecia joined the United Nations Global Compact in 2004.

The company was at the core of a bribery scandal in 2006 which led to the resignation and legal conviction of it‘s then CEO Pierre Lévi.[3]

OriginsEdit

Faurecia was formed in 1998 by two automotive component suppliers, Bertrand Faure and ECIA.[4]

ProductsEdit

ReferencesEdit

  1. ^ "Group - Faurecia". www.faurecia.com. Retrieved 2019-06-27.
  2. ^ Bloomberg - Are you a robot?
  3. ^ Kanter, James; Dougherty, Carter (2006-08-02). "Scandal widens in European car sector - Business - International Herald Tribune". The New York Times. ISSN 0362-4331. Retrieved 2019-12-11.
  4. ^ "History of Faurecia S.A. – FundingUniverse". www.fundinguniverse.com. Retrieved 2019-02-11.

External linksEdit