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    FISITA World Mobility Conference 2025: Key themes and concerns for the automotive industry
    One thing is abundantly clear after the FISITA World Mobility Conference (WMC) last week. Megatrends impact everything. No longer can chassis development, braking, safety validation and so forth stand alone without impact from the broader drive towards electrification, the AI revolution or SDVs, to name a few.  The event’s sessions gave the impression that electrification is already baked into the industry, particularly in Europe where the debate on (regulation-pushed) direction is ...
    Beyond horsepower: Compute becomes the new competitive edge for OEMs
    Automotive compute power is becoming a defining metric of vehicle capability — not just for autonomy, but across cockpit systems, connectivity and life-cycle software deployment. As vehicles transition toward centralized electrical/electronic (E/E) architectures and software-defined platforms, silicon performance is now a core determinant of what a vehicle can do — and how long it will remain competitive in the field. Two metrics have emerged as industry standards for measuring this compu...
    Forvia unveils NAFILean Vision sustainable materials for automotive interior trims
    Forvia’s sustainable materials subsidiary, Materi'act, has unveiled NAFILean Vision, a groundbreaking advancement in sustainable biocomposites for injection technology in the automotive industry. Building on the success of NAFILean-R, a recyclable biocomposite made from recycled plastics reinforced with 20% hemp fibers, this new material family not only meets stringent performance standards but also enhances aesthetic quality by making biomass visible, setting a new benchmark for eco-frie...
    Forvia’s board appoints Martin Fischer as new CEO with effect from March 1, 2025
    Last week, Forvia’s board of directors announced that Patrick Koller will step down as the CEO of the French supplier on March 1, 2025. Koller will be replaced by Martin Fischer, who was appointed as deputy CEO with effect from Dec. 6, 2024. Fischer brings to the table more than 25 years of experience in the automotive supplier industry. Most recently, Fischer served as a member of the ZF Group management board. He left the German supplier’s board of management in November. “Mar...
    Forvia launches in-car Microsoft Teams app
    Forvia said it has become the first supplier to introduce the Microsoft Teams application in vehicles through Faurecia Aptoide Automotive (FAA). FAA is known for its innovative, secure and user-friendly automotive apps and infotainment solutions aimed at boosting in-car connectivity and user experience. The launch of Forvia Meetings for Microsoft Teams is a significant step forward in integrating modern communication tools with automotive technology. The application joins Forvia's e...
    Wipro partners with Forvia to upgrade ADAS applications
    Wipro Ltd. has collaborated with Forvia to enhance the French supplier’s advanced driver assistance systems applications, the Indian software company said in a press release on Nov. 12. The partnership leveraged Wipro Engineering Edge's Cloud Car Solution, utilizing its microservices and vehicle container architecture components, to improve the safety and comfort of Forvia's vehicle safety and comfort applications. This transformation allows Forvia's ADAS applications to become mostly indep...
    Forvia’s Q3 sales declines 2.6% year over year to €6.36 billion
    Forvia has reported 2.6% year-over-year decline in sales to €6.36 billion in the third quarter ended Sept. 30, 2024, the company said in a press release on Oct. 21. Organic sales fell by 0.4% year over year, which was 4.2% less than the decline in global light vehicle production during the quarter. “In the third quarter, we continued to post a robust organic sales outperformance of 420 basis points [versus] a worldwide automotive production that was down 4.6% year-on-year. This outperform...
    Forvia appoints Gen. Vincent Cousin as executive vice president of Security, Cybersecurity, Risk & Crisis Management
    Forvia has appointed Gen. Vincent Cousin as the executive vice president of Security, Cybersecurity, Risk & Crisis Management, effective Oct. 1. He reports directly to Patrick Koller, CEO of Forvia.  Cousin brings with him a wealth of experience from his previous role as deputy to the French Defence & National Security General Secretary (SGDSN), following a distinguished career in the French Air Force where he attained the rank of Air Corps General (four-star general). Among his ...
    Forvia supplies several key components for the new Renault Master van
    Forvia is supplying several key components to the new Renault Master van, the company said in a press release on Sept. 30. The company is supplying front seats for the van. The French supplier has designed the seats and assembled the front-row line and manufactured the key seat parts such as seat frames, padding and covers. Forvia’s Interior Business Group is supplying the dashboard for the new Renault Master van. The company is also offering a wireless charging system that allows the drive...
    Forvia, BYD agree to extend strategic partnership in automotive seating to Europe
    Forvia and BYD have agreed to expand strategic cooperation to Europe, the French supplier said in a press release on July 22. The two companies established a 50/50 joint venture, Shenzhen Faurecia Automotive Parts, to supply complete seats to BYD vehicles in mainland China. The JV operates seven production facilities in mainland China with combined capacity of 2.6 million seats. In 2023, the JV agreed to establish its first overseas production facility in Rayong, Thailand, to s...
    Forvia, BYD inaugurate new seat assembly plant in Thailand
    Forvia and BYD have inaugurated a new seat assembly plant in Rayong, Thailand, according to a press release by the French supplier on July 18. The facility will be operated by Shenzhen Faurecia Automotive Parts, a joint venture established by the two companies in 2017. The new plant, set to commence production one month following its inauguration, will assemble complete seating sets for BYD's electric and hybrid vehicles, including models such as the Atto 3 and Song Plus. The facility is expe...
    Forvia completes acquisition of Faurecia Aptoide Automotive
    Forvia has completed the acquisition of the remaining 50% shares from Aptoide in the joint venture Faurecia Aptoide Automotive (FAA), it said in a press release dated May 2. Forvia assumes full ownership of the 2019-established JV. The FAA Apps Market Platform provides security, privacy, flexibility and content control, with the option to customize its look and feel, as well as the apps portfolio. All the apps offered by FAA are tested and validated for automotive purposes. Notable apps offer...
    FORVIA, Schneider Electric partner for carbon-neutral R&D centers by 2024
    FORVIA, a leading automotive technology supplier, has partnered with Schneider Electric to fully electrify two of its R&D centers in France by mid-2024. Under an innovative Electrification-as-a-Service (EaaS) model, FORVIA will eliminate 85% of Bavans' scope 1 greenhouse gas (GHG) emissions and 100% of Seloncourt's scope 1 GHG emissions with no upfront capital expenditure. The two projects are expected to achieve 85% and 100% reduction in CO2 emissions, respectively, accelerating FORVIA's...
    Forvia unit sets up JV with PCR Recycling in US to develop and deliver recycled compounds for automotive industry
    Forvia Group company Materi'act is setting up a joint venture in Dallas with PCR Recycling, it said in a press release dated Feb. 12. Materi'act Dallas aims to secure a local and long-term feedstock of post-consumer recycled plastics in Dallas, and produce recycled polymers to meet the growing needs of the automotive industry in North America. The venture combines the strengths of both the companies, with PCR Recycling bringing its capacities in feedstock access and recycling, and M...
    Faurecia Aptoide integrates apps such as TikTok, Webex and Zoom​ Meetings​ into in-vehicle cockpits
    Faurecia Aptoide, a joint venture between Forvia and Aptoide, has announced that it is integrating applications such as TikTok, Webex and Zoom​ Meetings​ into the in-vehicle infotainment system to add to the cockpit experience of cars, according to a press release dated Jan. 11. The Faurecia Aptoide solution will be available in Mercedes-Benz’s operating system MB.OS. The Mercedes-Benz E-class will be the first vehicle model to feature the integrated TikTok, Webex and Zoom​ Meetings a...
    The shift to software-defined vehicles: Forvia interview
    Software-defined vehicles (SDVs) use software to govern operations, incorporate new features, and facilitate the integration of novel functionalities. This concept marks an advancement in the automotive industry, laying the foundation for autonomous driving and vehicle connectivity technologies. The evolution of SDVs entails separating software and hardware development, like smartphones. OEMs are establishing “walled gardens” for applications. This shift encompasses continuous agile softw...
    Forvia partners with CentraleSupélec to work on solutions for smart vehicles
    Forvia has announced a four-year partnership with CentraleSupélec to work on smart mobility solutions, according to a company press release dated Dec. 7. The partnership aims to leverage Forvia’s expertise in AI for automotive applications, with a focus on data fusion and image processing. The partnership will be executed through the Massive & Heterogeneous Data processing for Smart Vehicles chair established between Forvia and CentraleSupélec. The primary objective of this ...
    Forvia looks to transform driving experiences through its Vibe technology
    France-based leading automotive supplier Forvia said it has signed a pathbreaking contract with a premium German original equipment manufacturer to introduce Vibe, its cutting-edge immersive technology that redefines consumers’ time behind the wheel.  A new innovative technology designed specifically for automotive seating, Forvia's Vibe delivers a remarkable and safe experience by embedding tactile sensations within the car seat, creating a fully immersive journey. The company sa...
    Forvia opens its Allenjoie industrial platform dedicated to new automotive technologies
    Forvia, the seventh global supplier of automotive technologies, announced October 9 the opening of its industrial platform in Allenjoie, Doubs, France, which houses two major factories, planned to support the Group's vision for a more sustainable automotive industry. The company said the two sites will produce hydrogen storage systems and more sustainable seats. With an estimated investment of over €250 million, the two plants will also create over 600 jobs to serve major French and Europea...
    Forvia partners with Chery to develop intelligent cockpits
    Forvia and Chery have signed a strategic cooperation agreement establishing a long-term partnership in various fields, with a particular focus on the development of intelligent cockpits, according to a company press release on September 26. To cater to the growing demand for intelligent cockpits and strengthen their leading position in this highly competitive market, Forvia and Chery will intensify their association in the design and development of complete solutions for intelligent cock...
    Forvia partners with SSB to develop carbon-free steel seat structure
    Forvia has unveiled a world-first, carbon-free steel seat structure in partnership with SSAB, according to a company press release dated September 25. The structure has been made without fossil fuels and a very low CO2 footprint, about 90% lower compared to a traditional steel seat structure. “This first use in the world of steel free of fossil fuels in the manufacture of a front seat structure, a key element of the vehicle, shows that it is now possible to develop new automotive equipment ...
    IAA Mobility 2023: Forvia Group to showcase electrification and energy management, automated driving and digital-cockpit solutions
    Forvia Group, combining the innovation competencies of Faurecia and Hella, is set to focus on its technology portfolio in three strategic growth areas — electrification and energy management, safe and automated driving, and digital and sustainable cockpit experiences — at the Internationale Automobil-Ausstellung (IAA) Mobility 2023 in Munich, Forvia announced through an August 28 press release.   With its solutions, Forvia underlines its commitment to reach net-ze...
    Forvia completes sale of the Cockpit Modules division to the Motherson Group
    Forvia, the world’s seventh-largest automotive technology supplier, announced the successful completion of the sale of SAS Cockpit Modules division (SAS) to the Motherson Group on July 31, it said in a press release dated August 1.  The Motherson Group acquired 100% of SAS, a global provider of assembly and logistics services for the automotive industry, based on an enterprise value of €540 million. Motherson is a diversified manufacturing specialist and one of the world’s leading ...
    Stellantis confirms acquisition of 33.3% stake in Symbio
    European-American vehicle manufacturer Stellantis NV confirmed July 28 that it has completed the acquisition of its 33.3% stake in Symbio to become an equal shareholder in the hydrogen mobility company, along with Forvia (erstwhile Faurecia) and Michelin. According to Stellantis, acquiring an equal stake in Symbio will bolster its leadership position in hydrogen-powered vehicles by supporting fuel-cell van production in France. It also serves as a perfect complement to the company’s growing...
    Faurecia signs a 10-year agreement with Renewable Power Capital to source 70% of energy across Europe
    Faurecia, a company of Forvia group — the 7th largest global automotive supplier — looks to accelerate its roadmap toward implementing decarbonization. The company announced signing a 10-year Power Purchase Agreement (PPA) with Renewable Power Capital (RPC) on May 26. This deal is securing almost all the output from the 417-GWh, 24-wind turbines, Klevberget onshore-wind farm in Sweden, and will generate the equivalent of more than 40% of all Forvia’s European ye...
    Stellantis to pick 33.3% stake in zero-emission hydrogen mobility firm Symbio
    In a significant development toward clearer mobility, Faurecia, a company of the Forvia group, Michelin and Stellantis announced the signing of a binding agreement for Stellantis to acquire a 33.3% stake in Symbio, a leader in zero-emission hydrogen mobility. Faurecia and Michelin will remain shareholders with 33.3% holding each, a company statement dated May 16 said. The announcement is an important initiative in the decarbonization of the mobility industry and illustrates Symbio...
    FORVIA’s Q1 FY 2023 sales up 29% YOY to €6.64 billion
    FORVIA has reported a 29% year-over-year growth in first quarter sales at €6.64 billion, according to a company press release on April 17. Its seating business, which contributed to 31% of the group’s sales, grew 21.6% year over year to €2.04 billion while the interior business saw a growth of 17% year over year to €1.19 billion. Interior business made up 18% of the total sales. “The first quarter of 2023 marked a good start of the year for FORVIA, with strong sales g...
    Auto Shanghai 2023: Faurecia to present new e-mobility, interior and connected solutions for Chinese market
    Faurecia will showcase multiple automotive products and solutions at Auto Shanghai 2023, which is set to be held later this April, a company press release on April 4 read. “We are excited to bring our innovative solutions to Auto Shanghai and share FORVIA’s vision of the enhanced mobility experiences. As the world's largest automotive market, China is key for FORVIA, it is a growing region and a dynamic adopter of new technologies to enhance people's lives. Drawing on our 30 years in...
    Faurecia opens new seat and interior plant in Mexico
    French auto-component makers, Faurecia, a company of Group FORVIA, opened a brand-new plant in Monterrey, Nuevo León, Mexico that focuses on new mobility solutions. The 33,500 square-meter facility will employ approximately 1,500 people and manufacture automotive seat structures, instrument panels and center consoles aligned with industry megatrends in sustainability and lightweighting, a company press release dated March 31 said. The manufacturing facility consists of bioclimatic desig...
    Faurecia’s FY 2022 sales up 63% y/y to USD27.22 billion
    Faurecia has reported a 63% year-on-year (y/y) growth in sales to EUR25.46 billion (USD27.22 billion) for the full year 2022, it said in a press release dated 20 February. The financial numbers for the year include those of Hella, which was acquired last fiscal. Operating income for the year was EUR769 million compared to EUR896 million last year, while consolidated net loss widened to EUR382 million from EUR79 million a year earlier. “2022, which was initially expected to be a year of reco...
    Faurecia-Aptoide partners with Catappult to launch app distribution service for vehicles
    Faurecia-Aptoide has partnered with Catappult to launch an app distribution service for cars, it said in a press release dated 30 January. Developers can use Faurecia-Aptoide's app store technology to distribute their games and apps in cars. Developers will be able to design and finetune apps and games for cars, while manufacturers will be able to customize their app stores. “A game-changing solution that allows the automotive industry to offer a much richer, more personalized experience to...
    Faurecia Aptoide Automotive partners with Vector Unit to enhance in-vehicle entertainment
    Faurecia Aptoide Automotive app store has announced a partnered with Vector Unit to bring a new in-vehicle gaming experience, according to a company press release on 13 November. This will enable occupants a chance to play Beach Buggy Racing game in their car, directly on the infotainment system. “Partnering with Vector Unit is incredibly exciting as Faurecia Aptoide is creating a diverse and complete connected automotive environment. Bringing Beach Buggy Racing on board to allow vehicle us...
    Stellantis plans to acquire stake in Faurecia-backed hydrogen mobility company Symbio
    Stellantis has begun exclusive negotiations with Faurecia and Michelin to acquire a significant stake in Symbio, a Faurecia – Michelin joint-venture (JV) company focused on zero-emission hydrogen mobility, the carmaker announced on 23 December 2022. The transaction is expected to be wrapped up in the first half of 2023 and is subject to customary closing conditions, including regulatory approvals, Stellantis said. “Symbio’s technical roadmap perfectly matches with Stellantis’ ...
    FORVIA launches MATERI’ACT brand to develop, manufacture sustainable materials
    Faurecia, a FORVIA company has launched a new brand MATERI’ACT dedicated to developing and manufacture state-of-the-art sustainable materials, it said in a press release on 3 November. Rémi Daudin, VP, Sustainable Material Division, Faurecia, said, “Rethinking the way we design, manufacture, and use our products is a necessary step in the fight against climate change. Sustainable transformation of businesses is not just about reducing the negative impacts on the environment but also abou...
    Faurecia presents sustainable alternative to animal leather
    Faurecia announced that the company has been testing new bio-based materials as a lower carbon dioxide (CO2) emissions alternative to animal or polyvinyl chloride (PVC) synthetic leather for use in trim solutions on seats and to cover surfaces of the vehicle interior such as the instrument panel, door panel, or center console, it said in a press release on 11 October. Nicolas Michot, Faurecia Seating Technology Director, said, “Our customers are extremely interested in new materials that su...
    Faurecia to supply EV startup LeapMotor with sustainable seating systems
    Faurecia, a FORVIA company has announced that it signed a strategic partnership with China-based new energy vehicle (NEV) company LeapMotor to develop sustainable automotive seating supply chain, ChinaEVs reported on 9 October.    Significance: Automakers are offering new seats with sensors that can assess occupants' health and stress levels while they are in the vehicle as they look beyond ensuring safety and comfort for occupants. As a result, seats are becoming more intelligent, ...
    FORVIA’s divestment strategy reflects its ambition to emerge as a technology focused enterprise
    On 29 July, HELLA announced the divestment of 33.33% stake of integrated front end modules company Hella Behr Plastic Omnium (HBPO) GmbH to France-based Plastic Omnium for an equity value of EUR290 million (USD306.70 million). The transaction enables Plastic Omnium with complete ownership. The divestment is part of HELLA’s strategy to align its resources in the development of high growth business segments underlining FORVIA’s combined businesses which, aim to become a major technology-focuse...
    Forvia reports H1 2022 net sales at USD11.86 billion, up 49.37% y/y
    Forvia reports first–half 2022 net sales at EUR11.62 billion (USD11.86 billion) with a year-on-year (y/y) increase of 49.3% compared with EUR7.78 billion in 2021, according to a filing by the company on 25 July. Operating income was reported as EUR426 million, down 16.47% compared with EUR510 million in the previous year. Net income was down EUR233 million for first half 2022. Patrick Koller, CEO, Faurecia, said, “Since the beginning of the year, in addition to implementing the ...
    GravitHy to set up USD2.3-billion green steel raw material plant in France by 2027
    French energy company Energie announced via a press release on 30 June that consortium GravitHy will mobilize USD2.3 billion's (EUR2.2 billion's) worth of investment to commission a new direct reduced iron (DRI) plant in the area of Fos sur Mer, southern France.  The consortium was jointly formed by EIT InnoEnergy, US electrolyzer manufacturer Plug Power, UK steel plant developer Primetals, French energy company Engie New Ventures, French automotive technology firm Forvia, and French rea...
    Faurecia to invest USD147 million in new interiors plant in Mexico
    Faurecia, a Forvia Group company has announced an investment of USD147 million to construct a new shared plant in Nuevo Leon, Mexico, that will have instrument panels, production lines for other interior modules, technologies and processes such as plastic injection, vibration welding, ultrasonic welding, and assembly, based on renewable energy technologies, MexicoNow reported on 19 May.   Robert Grienenberg, vice president of Faurecia Asientos Mexico, said, “The design of automotive se...
    Faurecia, Veolia partner on recycled plastics for automotive interiors
    Faurecia, a FORVIA company, and Veolia have partnered to develop sustainable compounds for automotive interior modules and are aiming to achieve an average of 30% of recycled content by 2025, according to a press release published by Faurecia on 3 May. The collaboration will accelerate the deployment of innovative recyclable interiors implemented in instrument panels, door panels, and center consoles in Europe. Veolia will begin production of these secondary raw materials at its existing recy...
    Faurecia to integrate its apps platform into Mercedes-Benz’s MBUX multimedia system
    Faurecia has tied up with Mercedes-Benz Group, under which the FORVIA Group company will integrate its apps platform into the MBUX multimedia system, it said in a press release on 28 April. The platform has been developed in partnership with Aptoide. Faurecia will offer a customized app portfolio from 2023, which can be refreshed and updated multiple times a year for optimal user experience. “With the Faurecia Aptoide Automotive App Store, we provide the best market- relevant content in the...
    Faurecia Aptoide automotive app store to offer Amazon Music
    Faurecia Aptoide has announced that it will offer Amazon Music to its customers, a company press release dated 16 March read. This will enable users to access the streaming app directly from the car's infotainment system. “We're incredibly proud to work with such a big name like Amazon Music. This collaboration is a proof of how the in-car entertainment is a priority for the future vehicles and connected mobility. Together we will allow car users to have an elevated music experience di...
    Faurecia and AVL join the Auto-ISAC
    The Automotive Information Sharing and Analysis Center (Auto-ISAC) announced that the group has added two new members AVL and Faurecia, according to a press release published by Auto-ISAC on 1 March. Faye Francy, Auto-ISAC Executive Director, said, “As the Auto-ISAC continues to grow its membership so does its pool of contributors that are dedicated to sharing information that is essential in helping protect the connected vehicle industry. We are pleased to see AVL and Faurecia adding their...
    Faurecia and HELLA to emerge a more capable supplier in interior and lighting space
    On 31 January 2022, Faurecia announced that it completed the acquisition of a controlling interest in HELLA GmbH & Co. KGaA; the deal was announced on 14 August 2021. Faurecia SE (PAR:EO, market capitalization USD6.46 billion as on 21 February 2022) acquired 79.5% HELLA GmbH & Co. KGaA (XETRA:HLE, market capitalization USD7.93 billion as on 21 February 2022) shares with an investment of EUR5.3 billion (USD6.0 billion). This included 60% share package of the HELLA pool shareholders as wel...
    Faurecia reports FY 2021 net sales at USD17.64 billion, up 8.1% y/y
    Faurecia reports fiscal year (FY) net sales at EUR15.61 billion (USD17.68 billion) against EUR14.45 billion with a year-on-year (y/y) increase of 8.1% for the full year that ended 31 December 2021, according to a filing by the company on 21 January. Operating income for 2021 was EUR862 million, an increase from EUR418 million in the previous year. Net income was reported at EUR113 million. Research and development (R&D) expenses were up to EUR660 million from EUR594 million in 2021. Patri...
    Faurecia Aptoide partners with Leading Courses to offer in-vehicle golf course booking
    Faurecia Aptoide has tied up with Leading Courses to allow customers to search and book golf courses directly from their car's infotainment system, it said in a press release on 17 February. Through Faurecia Aptoide’s App Store, customers can use Leading Courses to reserve slots. “Having Leading Courses as our partner is incredibly rewarding as it contributes to our connected in-car experience by allowing vehicle users to reserve their tee time from the comfort of the car. We are excited ...
    Faurecia's and HELLA’s combined group to be known as Forvia
    The combined company from the merger between Faurecia and HELLA will be known as Forvia, and will be the seventh largest automotive supplier in the world, the company announced in a press release on 7 February. The new brand reflects both the companies’ evolving innovation and producing future ready sustainable solutions.     Patrick Koller, Faurecia CEO, said, “We are FORVIA! This new name reflects core elements of our Faurecia and HELLA brands, as well...
    Faurecia completes acquisition of lighting and electronics supplier HELLA
    Faurecia announces the completion of lighting and electronics specialist HELLA’s acquisition after receiving all necessary regulatory approvals, it said in a press release on 31 January. Through the transaction, Faurecia acquired 79.5% of the shares in HELLA, including the 60% share package of the HELLA pool shareholders as well as around 19.5% as part of the public takeover offer ended on 11 November 2021.   Patrick Koller, CEO, Faurecia, said, "HELLA and FAURECIA complement each othe...
    Faurecia to integrate Aptoide Automotive App Store in BMW vehicles
    Faurecia has announced a partnership with BMW Group, under which it will integrate the Faurecia Aptoide Automotive App Store in BMW vehicles, according to a company press release dated 6 January. The App Store will allow for connected app offerings in the new BMW models. “Our Faurecia Aptoide solution already used in 3 million vehicles has the ambition to shape the onboard infotainment experience. We are excited to provide our apps solution to a renowned automobile manufacturer such as the ...
    INRIX ParkMe app to be available in Faurecia Aptoide Automotive app store
    INRIX has announced the availability of its INRIX ParkMe app on the Faurecia Aptoide Automotive App Store, according to a company press release on 30 November. INRIX ParkMe enables drivers to find, compare, and navigate to open parking spaces in over 150 countries. “Faurecia Aptoide offers an excellent opportunity to bring our parking services to a wide range of users throughout its automotive App Store. Through this partnership, drivers can access the most robust and comprehensive parking ...
    Faurecia to secure 79.5% of HELLA upon completion of takeover
    Faurecia will hold 79.5% of the shares in HELLA upon completion of its takeover, Faurecia said in a press release on 16 November. The deal translates into an investment of almost USD6.0 billion (EUR5.3 billion) that allows Faurecia to attain financial flexibility. Patrick Koller, CEO of Faurecia, said, “Faurecia welcomes the positive outcome of the voluntary takeover offer for HELLA. We have designed a sustainable organization and governance, which allows us to be e...
    Faurecia to expand operations in Tennessee, US
    Faurecia will expand its operations at its Spring Hill plant in Tennessee, according to an official release on 27 October. Faurecia is set to invest USD18 million to expand its existing facility by nearly 100,000 square feet to increase manufacturing capabilities, specifically the production of door panel assemblies. The expansion is expected to create 171 new jobs. “We are excited for this expansion that would not have been possible without the team’s experience, an engaged workforce, an...
    Faurecia reports strong sales at USD3.4 billion in Q3
    Faurecia reported total sales of EUR15.5billion and a high organic sales outperformance of more than 600 base points (bps) according to the company’s press release on 26 October. Operating margin of the company was a strong 6.0% to 6.2% of sales. All business groups and regions reported a well-established result with Clarion Electronics and Asia posting an organic growth of 7.3% and 6.5% respectively. Faurecia cited IHS Markit’ global automotive production forecast for 2021, which was cut...
    Faurecia developing “emirror” for active safety
    According to an official press release dated 13 October, Faurecia announced that it is collaborating with new mobility company Human Horizons on an emirror project in China. The emirror solution will be integrated into two new electric vehicle (EV) models, a sedan and a sport utility vehicle (SUV), that will hit the road in 2022 and 2023. Human Horizons, founded in 2017, is a company that creates smart transportation technologies and energy-efficient vehicles. It began deploying its first s...
    Faurecia launches public takeover offer for HELLA
    According to an official press release dated 27 September, Faurecia, through its wholly owned subsidiary Faurecia Participations GmbH, published the offer document for its cash voluntary public takeover offer for all outstanding shares of HELLA, a major automotive player in lighting and electronics based in Lippstadt, Germany. The cash offer price is EUR60.0 (USD70.23) per share. This equates to a total consideration of EUR60.96 (including the expected dividend of EUR0.96 to be paid by HELLA-...
    Faurecia reaches agreement to acquire majority stake in HELLA
    Faurecia has announced that it has reached an agreement with the Family pool and with HELLA to acquire a 60% stake in HELLA. According to press release issued by Faurecia and HELLA on 14 August, the transaction will be done through a mix of EUR3.4 billion (USD4 billion) in cash and up to 13,571,428 newly issued Faurecia shares (based on a reference price of EUR42.063 per Faurecia share). The completion of the transaction does not require any approval by the shareholders of Faurecia, and it is ex...
    Faurecia H1 2021 sales rise 27.9% y/y to USD9.19 billion
    France-based automotive components and systems supplier, Faurecia, has published its financial results for the first half of the 2021 fiscal year (FY). According to a press release issued by Faurecia on 26 July, the company posted sales of EUR7.78 billion (approximately USD9.19 billion) during the first half of 2021 period, which implies an increase of 27.9% year over year (y/y) from the EUR6.08 billion recorded during the same time period of FY 2020. The company also recorded an operati...
    Faurecia establishes new division to develop sustainable and smart materials
    Faurecia has announced the establishment of a division to develop and manufacture sustainable and smart materials, it said in a company press release on 22 July. The company is planning to build a dedicated Sustainable Materials R&D Center and a pilot plant, both operational in 2022. The center will initially employ 125 engineers, which will grow to over 400 in 2030. “With decades of experience in the development of bio-sourced materials, Faurecia plans to increase its contribution...
    Faurecia opens new plant in Russia for complete seat systems
    French automotive supplier of car interior and engine emission systems Faurecia has set up a new manufacturing plant in Togliatti in the Samara region, Russia. The new facility would manufacture vehicle seating systems and was inaugurated on 24 June, the company said in a press release. “The Samara city will thus be home to both its largest site in Russia and its regional headquarters, building on the Faurecia Group’s six sites across the country and energizing its momentum for ...
    Gasoline particulate filters to remain in demand this decade owing to hybridization
    Carmakers all over the world are working numerous angles to make their vehicles as efficient as possible, owing to the prevalent eco-friendly sales strategy along with governments across the globe making environmental policies progressively more stringent every few years. A significant component of vehicular exhaust emissions is particulate matter (PM), which comprises microscopic particles that are so lightweight that they remain suspended in the air. Coarse particles, which measure 10 micromet...
    ACQUISITION: Faurecia acquires DesignLED
    Faurecia has announced the acquisition of DesignLED, in a company press release on 9 June. DesignLED is a Scotland-based company, offering advanced backlighting technologies. Financial details of the transaction were not disclosed. “DesignLED’s advanced technologies and team will enrich Faurecia Clarion Electronics’ display technologies ecosystem. Immersive experiences are fast becoming a defining factor in mobility, and through the acquisition of designLED we aim to strengthen Fau...
    Faurecia closes acquisition of Chinese high-pressure hydrogen tank manufacturer CLD
    Faurecia has completed its acquisition of mainland China-based manufacturer of hydrogen tanks CLD on 30 April 2021. CLD has about 200 employees and two plants in Liaoning with a capacity of 30,000 tanks per year. In addition, CLD has also been recently certified by the Chinese central government as the first domestic producer of Type IV hydrogen tanks. Unlike Type III tanks, which use an aluminum liner in place of a plastic one, Type IV tanks are lighter and thus better suited to mobility app...
    Evolution of automotive interiors toward a living room on wheels
    Automotive interior design will continue to be driven by efficiency, lightweight, comfort, and safety. The interiors are getting more complex day by day and their designs are required to meet various safety regulations, material compliance, weight reduction requirements, and higher noise, vibration and harshness (NVH) performance. Ultimately, the removal of the need for a driver (with the advent of autonomous vehicles) means these vehicles are likely to be oriented in a face-to-face layout eithe...
    Auto Shanghai 2021: Faurecia showcases cockpit of the future for the mainland Chinese market
    Faurecia has demonstrated its intelligent ‘cockpit of the future’ for the mainland Chinese market at the Auto Shanghai 2021, according to a press release on 22 April. The company also showcased a new lighting in the cockpit with its LUMi range of seat lighting technologies. This allows OEMs a way to integrate ambient lighting, alerts, information, control panels, or high-quality color-lit logos in the seat front, headrest, seat back, and side valence. Connected features include telep...
    Faurecia’s Q1 2021 sales up 8.9% y/y to USD4.7 billion
    Faurecia has reported an 8.9% year-on-year (y/y) growth in sales to EUR4 billion (USD4.7 billion) for the first quarter ended 31 March 2021. According to a company press release on 20 April, Seating segment sales rose by 10.1% y/y to EUR1.5 billion and sales in the Interior segment grew by 11% y/y to EUR1.2 billion. The company posted a growth of 6.4% and 1% in sales of Clean Mobility and Clarion Electronics to EUR1 billion and EUR199 million, respectively. “In Q1, our sales showed double-d...
    Stellantis to launch hydrogen fuel cell light commercial vehicle in Europe by end 2021
    Stellantis is developing a light commercial vehicle powered by hydrogen fuel cells, and it is targeting a launch date in Europe at the end of 2021. According to a press release issued by Stellantis last month, the company stated that it has entered into strategic partnerships with Faurecia and Symbio, a joint venture of Michelin and Faurecia. The partnership will develop the two main system components—the fuel cell stack and the hydrogen storage system. The hydrogen fuel cell system will be...
    Faurecia to present ‘Cockpit of the Future’ at Shanghai Auto Show
    Faurecia will showcase its latest innovations for the ‘Cockpit of the Future’ and other mobility solutions at the Auto Shanghai, which will be held from 19 April to 28 April 2021, according to a company press release on 6 April. the solutions to be displayed are designed to cater to the needs of Chinese consumers enabling a safe, comfortable, and connected on-board experience. The French company will also present ultra-low emissions technologies and zero emissions hydrogen solutions for pass...
    Faurecia and Stellantis collaborated to develop hydrogen-powered commercial vehicles
    Stellantis and Faurecia have collaborated to equip its new zero-emission ranges of light commercial vehicles with hydrogen storage systems and fuel cell stacks through Symbio, a joint venture (JV) between Faurecia and Michelin. Faurecia will develop, supply and assemble hydrogen storage systems from its global center of expertise in Bavans, France. With three high-pressure homologated tanks at 700 bars and carrying a total of 120 liters of hydrogen per vehicle, Stellantis' light commercial ve...
    Cinemo ties up with iQIYI for video-on-demand in-vehicle multiscreen content in mainland China
    Cinemo has partnered with iQIYI to deliver video-on-demand multi-screen content into the vehicle, the company said in a press release on 29 March. The companies will power the in-car entertainment on Faurecia Xiamen IVI platforms in FAW Hongqi's flagship sedans. iQIYI will offer technical capabilities, and customized adaptations based on Cinemo's technical solutions for optimal in-vehicle audio-visual experience. “We are delighted to have worked with iQIYI and on this project. At Cinemo, we...
    Faurecia supplies SmartVent ventilation and thermal management solution; interior components for new DS4
    Faurecia is supplying SmartVent ventilation and thermal management solutions and other technologies from its Interiors, Seating and Clean Mobility Business Groups for the new DS4 sport utility vehicle (SUV), the French supplier said in a press release on 22 March 2021. Faurecia Interiors will also provide various internal components of the new DS4, including the instrument panel, which is made from the sustainable NAFILean ® biocomposite, and the door panels. In addition, the French company ...
    Faurecia starts construction of manufacturing facility in France
    France-based automotive parts supplier Faurecia has announced the construction of a new industry 4.0 platform in the Bourgogne-Franche-Comté region of France, according to a company press release on 19 March. The company is investing a total of EUR165 million (USD196.5 million). The project will not only safeguard the registered headcount in the region but will create an additional 300 highly qualified positions in Allenjoie. “This major investment shows that, together with the public auth...
    Faurecia develops radiant panel solutions to improve thermal management
    Faurecia has developed a range of radiant panel solutions to improve thermal management, the French supplier said in a press release on 3 March 2021. The new radiant panels, controlled through HMI and using the fewest number of buttons and dials possible, can be integrated into various interiors components such as the instrument panel, door panel, and center console. Additionally, to advance safety and user experience inside the cockpit, Faurecia has integrated safety alerts with decorat...
    Faurecia’s FY 2020 sales decline 17.5% y/y to USD18 billion
    Faurecia’s sales declined 17.5% year-over-year (y/y) to EUR14.65 billion (USD17.99 billion) in the financial year ended 31 December 2020, the company said in a press release on 22 February. Sales, at constant scope and currencies, dropped 19.6% y/y. Operating income by fell 68.4% y/y to EUR406 million, resulting in an operating income margin of 2.8% compared with 7.2% in 2019. Faurecia recorded net loss of EUR378.8 million against net income of EUR589.7 million in the previous financial year. ...
    Renault, Faurecia to collaborate on hydrogen storage systems for LCVs
    Faurecia and Groupe Renault are collaborating on hydrogen storage systems for hydrogen light commercial vehicles, the French automaker announced in a press release on 19 February. Starting at the end of 2021, Faurecia will begin supplying hydrogen storage systems for a first fleet of light commercial vehicles. “This partnership is an important illustration of our common vison for expanding the use of hydrogen as a cornerstone of the energy transition and as a perfect solution for zero-emiss...
    Faurecia to sell acoustics, soft trim business to Adler Pelzer Group
    Faurecia has signed a memorandum of understanding (MOU) for sale of its Acoustics and Soft Trim (AST) division to the Adler Pelzer Group (APG), a manufacturer of automotive acoustic and thermal components and systems, the two companies said in separate press releases on 18 February. “We have taken the decision to focus our investment on our core product lines within the Interiors Business Group for which we have global market and technology leadership. We believe that the best future for ou...
    ACQUISITION: Faurecia acquires China-based high-pressure hydrogen tank manufacturer CLD
    In a move to strengthen its hydrogen mobility strategy, Faurecia has acquired mainland China-based  high-pressure hydrogen tank manufacturer CLD, the company announced in a press release on 16 February. Faurecia and CLD will develop and manufacture homologated type III and IV hydrogen storage tanks for the Chinese market. “CLD is the right partner for Faurecia to accelerate hydrogen mobility in China. By 2030, China will represent a market of at least one million fuel cell vehicles. Th...
    Faurecia, Immersion enter multiyear licensing agreement for haptics
    Faurecia has entered into a multi-year licensing agreement for haptics, the US-based developer and producer of haptics solutions said in a press release on 3 February. The agreement will allow Faurecia to use Immersion’s haptics solutions to develop advanced, interactive haptic user interfaces. “Cars in the near future will be built with smart technology, which allows intuitive touch-based interactions. This agreement with Immersion expands our technology ecosystem and illustrates our for...
    Faurecia developing sustainable processes for seat manufacturing
    Faurecia is working on advancing sustainability in seating manufacturing through a holistic approach that includes the frame, foam, covers, and accessories, the French supplier said in a press release on 29 January. This is part of a project that has been in the works for several months called “Seat for the Planet.” The company said that Faurecia Seating’s (FAS) sustainability innovation strategy goes beyond OEMs’ specifications and targets, and seeks to improve industrial processes, mat...
    Faurecia launches new seating JV with BAIC in mainland China
    Faurecia has officially launched its new seating joint venture (JV) with BAIC in mainland China, according to a company press release on 28 January 2021. Following approval from the appropriate regulatory bodies, Faurecia has completed the acquisition from DAS Corporation of 50% of their JV with BAIC, Beijing BAI DAS Automotive System Co., Ltd. This resulted in Faurecia establishing a 50:50 JV with BAIC, one of mainland China’s major automotive manufacturers. “The joint venture marks an i...
    Faurecia unveils software platform to optimize user experience of display system
    Faurecia IRYStec has unveiled its software platform that uses perception and physiology to optimize the user experience of the display system for convertibles, the company said in a press release on 7 December. The new platform enables the driver to experience high-quality visibility of the display in sunny ambient light. IRYStec debuted its new software platform in all-new Mercedes-Benz E-Class Cabriolet. The technology is integrated into the E-Class Cabriolet’s 12.3-inch infotainment cent...
    Faurecia Xiamen selects Cinemo to deliver Android OS-based head unit and rear-seat infotainment systems
    Cinemo has announced a partnership with Faurecia Xiamen under which it will deliver Android OS-based head unit and rear-seat-entertainment systems, a company press release dated 19 November read. “We are delighted to be working with Faurecia Xiamen to create a vibrant infotainment platform that engages consumers and allows cohesive interaction wherever you are in the car. Cars are fast becoming the new mobile platform of choice, and as we enter an exciting phase of convergence, Cinemo conti...
    Heat recovery system fitment to be driven by D-segment vehicles in the medium-term
    Automotive OEMs need to make more effort to improve the overall efficiency of their model range, and this fact is more emphatic in the case of electric vehicles because of their limited driving range. Automobiles have always had the necessity to dissipate excess heat, and the A/C heater core was one of the first examples of heat recovery―it worked by harvesting heat from the internal combustion engine (ICE) and redirecting it into the heating, ventilation, and air conditioning (HVAC) module to...
    Groupe PSA reduces stake in Faurecia to 39%
    Groupe PSA has announced the completion of the sale of 9,663,000 shares in Faurecia, representing approximately a 7% stake in the French supplier, via an institutional private placement, the automaker said in a press release on 28 October. The proceeds from the transaction amount to approximately EUR308 million (USD360 million). The cash proceeds from the disposal of Faurecia shares will be distributed to the Stellantis shareholders, along with the distribution in kind of the remaining stake in ...
    Faurecia reports 7.4% y/y drop in Q3 sales to USD4.9 billion
    Faurecia has reported 7.4% year-over-year (y/y) decline in sales to EUR4.2 billion (USD4.9 billion) in the third quarter ended 30 September 2020, the France-based automotive supplier said in a press release on 23 October. At constant scope and currencies, the company’s sales declined 7% compared to global light vehicle production decline of 4.9%, according to IHS Markit data. The company witnessed lower sales in all regions. Sales declined in Europe by 7.9% y/y to EUR1.7 billion, in North A...
    Battelle signs technology licensing agreement with Faurecia for innovative material
    Battelle, a nonprofit research and development (R&D) organization has licensed an internally developed innovative material technology to Faurecia, Battelle said in a press release on 20 October. “We’re excited about this commercialization partnership with Faurecia and believe this technology will enable transformative products across the automotive industry,” said Drake Goolsby, director, Commercial Business Development, Battelle. “This is the first of what we expect to be multipl...
    Faurecia inaugurates center for hydrogen storage systems in France
    Faurecia has inaugurated its global center of expertise for hydrogen storage systems in Bavans, France, according to a company press release on 6 October. The company has invested EUR25 million (USD29 million) in the center, which aims to develop lightweight and cost-competitive hydrogen storage systems to accelerate hydrogen mobility. The center employs more than 60 engineers and technicians. “This unique site showcases our commitment to leading the field in zero-emission mobility based on...
    Faurecia wins nine new orders for display technologies in 2020 from Chinese OEMs
    Faurecia is recording strong growth in demand for automotive displays in mainland China, the company said in a press release on 5 October. The French supplier won new orders from Chinese automakers in the first six months of 2020. These include 1.4-m curved displays that stretch across the dashboard and behind the steering wheel for a luxury sedans; L-shaped displays for an electric vehicle (EV) manufacturer; and dual displays in an SUV by a Chinese OEM. In total, Faurecia will equip 300,00...
    Renault develops XCEED blockchain project to certify vehicle component compliance
    French automotive OEM Renault has developed the eXtended Compliance End-to-End Distributed (XCEED) blockchain project in order to certify the compliance, from the design to the production phase, of all vehicle components. According to a press release issued by the carmaker on 10 September, the XCEED project resulted from Renault’s collaboration with automotive industry players that include Continental, Faurecia, Plastic Omnium, and Saint-Gobain. The project is based on the Hy...
    Is there a safe haven for diesel powertrain technology?
    The push for environmentally friendly vehicles has been increasing drastically over the past few years, and vehicles powered by diesel have always been bearing the brunt of it. This friction has become even more apparent after various diesel emissions scandals that hit the industry, which have resulted in certain automotive OEMs shifting their focus from diesel powertrains to electrified powertrains that include 48V mild hybrids, plug-in hybrids, pure electric vehicles, and even, to an exte...
    Faurecia’s H1 sales drops 31.2% y/y to USD6.9 billion
    Faurecia’s sales declined 31.2% year over year (y/y) to EUR6.2 billion (USD 7.27 billion) in the first half of the current financial year ended 30 June 2020, the company said in a press release on 27 July. At constant scope and currencies, the company witnessed 35.4% y/y decline in sales compared to 34.4% y/y drop in global vehicle production. Faurecia recorded operating loss of EUR114 million against an operating profit of EUR645 million in the first six months of the previous financial ye...
    JOINT VENTURE: Faurecia, BAIC establish 50:50 JV for seating business in mainland China
    Faurecia has reached an agreement with mainland Chinese automaker BAIC to establish a 50:50 joint venture (JV) in mainland China, the French automotive supplier said in a press release on 24 July. The new JV will supply complete seat assembly, seat frames, foams, and headrests initially for BAIC Hyundai and BAIC-own brands. The JV will be created through Faurecia acquiring 50% stake in Beijing BAI DAS Automotive Systems Co. Ltd from DAS Corporation. The JV, headquartered in Beijing, operates ...
    Volkswagen selects Faurecia’s app for connected user experience in South America
    Faurecia has said that Volkswagen has picked Faurecia Aptoide Automotive joint venture (JV) to provide connected car user experience in South America, a company press release read on 24 June. The service will be known as ‘VW Play’. “We are very pleased to have been awarded this contract by VW for the unique experience we can offer their customers. This award is an important milestone for Faurecia Clarion Electronics and our joint venture with Aptoide in our ambition to providing connect...
    Faurecia develops innovative ventilation system ‘Decovent’ for Genesis G80
    Faurecia has developed an innovative ventilation system ‘Decovent’, according to a company press release on 22 June. Decovent is Faurecia’s innovative ventilation system that radically alters the internal structure of the vent and expands the technological and aesthetic possibilities in the cockpit. “Usually approached as a purely functional product, ventilation systems and the air vents visible inside the car have changed little in recent decades. By integrating function and design, ...
    Suppliers to the new Toyota Yaris
    The fourth generation Toyota Yaris is assembled at Toyota’s plant in Valenciennes-Onnaing, France. According to IHS Markit production forecasts, output of the new generation Toyota Yaris from the plant is expected to peak in 2021 at over 129,000 units. If you would like your company included in this feature or the car cutaways published in Automotive News or Automotive News Europe, please e-mail Aman.kapoor@ihsmarkit.com.
    Impact of COVID-19 on Automotive UI/ UX Market
    The coronavirus disease 2019 (COVID-19) pandemic has profoundly disrupted all aspects of the automotive supply chain. Global efforts to control the spread of the virus have impacted both demand and supply, and in turn the industry cumulating in a sharp decline in production. Both automakers and automotive supplier manufacturing plants are either working on a lesser production capacity or have temporarily suspended manufacturing activities. Additionally, a combination of stringent federal laws, e...
    Faurecia’s Q1 FY 2020 sales slumps 13.5% to USD4.13 billion
    Faurecia has reported a 13.5% year-on-year (y/y) fall in first quarter FY2020 sales to EUR3.74 billion (USD4.13 billion). Sales from its European operations dropped 12.9% to EUR1.93 billion while its North American sales saw a 9.2% slide to EUR1.01 billion. Sales from Asia and South America slumped 20.4% and 15.2%, respectively. Sales from its seating business fell 23.9%, Interiors business dropped by 9.9%, and clean mobility came 14.7% lower. Its sales from mainland China amounted ...
    COVID-19 pandemic: Faurecia strengthens liquidity by EUR800 million to fight crisis
    Faurecia has signed a ‘Club Deal’ worth EUR800 million (USD876 million) with four of its main banks including BNP Paribas, CA-CIB, Société Générale, and Natixis to strengthen liquidity to face any potential scenario related to the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 14 April 2020. The senior unsecured loan has 18 months maturity (12 months + 6 months option at Faurecia’s initiative); and it can be drawn on17 April 2020. “Since the ...
    COVID-19 pandemic: Faurecia to lay off 450 workers in Portugal
    Faurecia is gearing up to lay off 450 temporary contractors at two of its plants in São João da Madeira, Portugal, in response to novel coronavirus (COVID-19) pandemic, local publication Expresso reported on 8 April. Faurecia Moldados employs around 1,200 workers, while Faurecia Metal has 900 workers. Both plants operate under Faurecia’s Seating business group. Significance: The rapid jump in COVID-19 confirmed cases in Europe has forced most automakers in the region to suspend ...
    COVID-19 pandemic: Volkswagen, Faurecia collaborate to produce personal protective equipment
    Volkswagen of America, a subsidiary of the Volkswagen Group in the United States, has collaborated with Faurecia to produce personal protective equipment (PPE) items for healthcare professionals fighting the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release on 3 April. The collaboration has enabled Faurecia, a major supplier to Volkswagen, to begin production of facemasks and gowns at one of its facilities in Mexico. The French supplier has already begun initial s...
    COVID-19 pandemic: Faurecia closes large number of European facilities
    Faurecia has announced temporary closures of a “large number of its production sites” in Europe as well as in North and South America, to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 27 March 2020. “We are going through an unprecedented crisis of an uncertain duration, even if we are seeing positive signs of normalization coming from China. We have immediately put in place all the necessary action plans to get through th...
    Faurecia joins eSync Alliance to standardize OTA updates and data gathering
    Faurecia has joined the eSync Alliance, the company said in a press release on 17 March. The alliance seeks to standardize the over-the-air (OTA) updates build on the connected car data services ecosystem. Faurecia's vision for the Cockpit of the Future is to provide a more versatile, predictive, and connected environment to enable occupants. “Joining the eSync Alliance will enable Faurecia to participate more widely in the technology of the connected car and develop new affordable solution...
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