Faurecia

Faurecia

Type	Public
Traded as	Euronext: EO
Industry	Automotive
Founded	1997
Headquarters	Nanterre, France
Number of locations	34 countries
Area served	International
Key people	Patrick Koller, CEO
Products	Emissions Control, Seats, and Interiors
Services	Design and manufacture of automotive sub-systems for the Volkswagen group, PSA Peugeot Citroën, Renault-Nissan, Ford, General Motors, BMW, Daimler, Fiat Chrysler, Toyota, Hyundai-Kia and other automotive OEMs
Revenue	€18,828.9 million (2014)
Operating income	€673.3 million (2014)
Net income	€165.7 million (2014)
Total assets	€8,330.8 million (2013)
Total equity	€1,642.3 million (2013)
Number of employees	99,281 (2014)
Parent	Groupe PSA
Website	http://faurecia.fr

Faurecia is the 6th largest international automotive parts manufacturer in the world; in 2013 it was #1 for vehicle interiors and emission control technology. One in four automobiles is equipped by Faurecia. 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's customers include the Volkswagen group, PSA Peugeot Citroën, Renault-Nissan, Ford, General Motors, BMW, Daimler, Fiat/Chrysler, Toyota and Hyundai-Kia among others. Headquartered in Nanterre, France, Faurecia employs 5,500 engineers and technicians. The company operates over 320 production sites and 30 R&D centres in 34 countries worldwide, with 460 patents filed in 2012. About half of these sites are manufacturing plants operating on the just-in-time principle. Faurecia joined the United Nations Global Compact in 2004. While French car manufacturer PSA Peugeot Citroën is Faurecia's controlling shareholder, holding around 57.4% stake, Faurecia is run as an independent company.^[1]

References

1. http://www.bloomberg.com/news/2012-05-12/faurecia-is-run-as-an-independent-company-ceo-tells-investir.htm

External links

• Official website