French supplier Faurecia said it is aiming for sales of more than €4 billion ($4.97 billion) in China by 2018, up from €2.3 billion estimated for this year, as it expands in the world’s biggest automotive market.
Tag Archives: Faurecia
Faurecia increases earnings target
French supplier 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.
EU antitrust regulators raid Faurecia, Tenneco, car exhaust suppliers
European Union antitrust regulators raided French car parts maker Faurecia, U.S.-based supplier Tenneco, and several auto exhaust systems makers in the latest crackdown against suspected price-fixing in the global auto industry.
German price-fixing probe includes Magna, IAC, and Faurecia
German antitrust authorities searched the offices of Magna International Inc., IAC Group, Faurecia, Borgers AG, Autoneum Germany GmbH and one other automotive supplier Tuesday.
The companies are under investigation on suspicion they have been fixing prices since at least 2002 on floor systems and trunk trim, the Bonn-based authority said on Wednesday.
Faurecia helps improve new Renault Clio’s pedestrian protection
Faurecia helps improve the pedestrian protection in the new Renault Clio. The subcompact has Faurecia’s front end module, which has no protruding edges that can cause injuries to people in the event of a collision.
