To many, the name Faurecia may not exactly be a household brand. Whilst the public and even the industrial sectors at large are keen to learn of the movements in clean mobility from the likes of Toyota, Hyundai, BMW and Daimler, France-based Faurecia underpins many of the vehicles of such esteemed brands as a leading automotive supplier.
From its headquarters in Nanterre, in the western suburbs of Paris, Faurecia has risen to become a top 10 global automotive supplier in the last two decades. The company is a systems supplier offering complete ranges of solutions for cockpit interiors, seats, software and electronics, and clean mobility. With 250 industrial sites, 41 R&D centres and more than 115,000 employees in 37 countries, Faurecia serves more than 150 clients worldwide, from OEMs to marine and off-road industries. In fact, as many as one in three automobiles is understood to be equipped by Faurecia on some level.
As such, over the last few years, the company has invested significantly in innovation and developed strong ecosystems to accelerate the integration of new competences and reduce the time to market. It will soon develop even greater autonomy itself too; whilst French car manufacturer Groupe PSA (Peugeot) has long been the main shareholder in Faurecia, H2 View understands the PSA Group will soon launch the spin-off of Faurecia – enabling a more autonomous approach to its strategic growth.
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