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AUBURN HILLS, Mich., July 24, 2018 /PRNewswire/ -- Faurecia, a leading automotive technology company, announces today an investment in the startup SUBPAC, reinforcing the Group's ecosystem dedicated to a personalized, versatile and connected Cockpit of the Future. Based in Silicon Valley, SUBPAC has developed a hardware and software technology platform that provides a deeply immersive and customized music and media experience by silently transferring low frequencies directly to the body. Faurecia will integrate this technology into the seat as part of the company's personalized audio bubble system.
Double-Digit Growth in Sales** and Operating Income in the First Half Upgraded Full-Year Guidance AUBURN HILLS, Mich. , July 20, 2018 /PRNewswire/ -- in €m H1 2017* H1 2018 Change Sales 8,545.2 8,991.3 ...
NEW YORK, NY / ACCESSWIRE / July 20, 2018 / Faurecia SA (OTC PINK: FURCF ) will be discussing their earnings results in their H1 Earnings Call to be held on July 20, 2018 at 9:00 AM Eastern Time. To listen ...
TOLEDO, Ohio, July 12, 2018 /PRNewswire/ -- Faurecia Interiors, a global manufacturer of automotive interior systems with North American headquarters based in Auburn Hills, Michigan, announced plans today to open a new production facility in Toledo, Ohio. Faurecia will make an estimated investment of $11 million to begin operations in the 73,000 square foot plant. "Faurecia is proud to open this new site and to provide new opportunities for local jobseekers," said Donald Hampton, Jr., president of Faurecia Interiors in North America.
Faurecia SA. (ENXTPA:EO) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the caseRead More...
AUBURN HILLS, Mich., June 11, 2018 /PRNewswire/ -- Faurecia, one of the world's leading automotive technology companies, today signed a strategic partnership framework agreement with one of the leading Chinese automobile manufacturer, FAW Group, to develop cockpit of the future technologies and sustainable mobility solutions. Develop Cockpit of the Future solutions and services for a personalized and intelligent user experience in particular for the Hongqi (Red Flag) luxury FAW brand. Provide zero emission and air quality technologies for commercial and passenger vehicles in the fields of battery pack and fuel cell systems and lightweight composite solutions.
June 7 (Reuters) - Wuling Motors Holdings Ltd: * WULING INDUSTRIAL GROUP TO SELL TO FAURECIA CAR SEAT JV CO ASSETS FOR CAR SEAT PRODUCTS MANUFACTURING AND OPERATION FOR RMB11.3 MILLION * EXPECTS GAIN OF ...
With an ROE of 20.37%, Faurecia SA. (ENXTPA:EO) outpaced its own industry which delivered a less exciting 19.71% over the past year. On the surface, this looks fantastic since weRead More...
BLUE SPRINGS, Mo., May 30, 2018 /PRNewswire/ -- Faurecia, a leading automotive technology company developing solutions for Sustainable Mobility and Smart Life On Board, will host a beam signing ceremony to commemorate the start of construction for its newest facility. In February, the automotive supplier announced plans to open a new Interiors production facility in Blue Springs, Missouri. "Blue Springs has the right people with the right expertise, which enables Faurecia to continue our strong growth in North America," said Donald Hampton, Jr., president of Faurecia Interiors in North America. "We are excited to expand our presence in Missouri as we commit to deliver the best, high-quality products to our customers.
AUBURN HILLS, Mich. , May 23, 2018 /PRNewswire/ -- Faurecia, a leading automotive technology company, announces today an investment in the American startup Promethient, reinforcing the Group's ecosystem ...
Let’s talk about the popular Faurecia SA. (ENXTPA:EO). The company’s shares saw a decent share price growth in the teens level on the ENXTPA over the last few months. AsRead More...
French car parts company Faurecia has made an investment, for an undisclosed sum of money, in U.S. wireless power technology company Powersphyr, in the latest example of car companies striking deals with start-up tech firms. The Powersphyr deal, announced by the companies on Wednesday, follows a similar move by Faurecia, which is 46-percent owned by Peugeot-maker PSA, earlier this year to invest in start-up energy technology company Enogia. As carmakers ramp up spending on self-driving and electric vehicles (EVs), many investors have been betting that their component suppliers will be the first winners from the technology shifts.
French car parts company Faurecia has made an investment, for an undisclosed sum of money, in U.S. wireless power technology company Powersphyr, in the latest example of car companies striking deals with start-up tech firms. The Powersphyr deal, announed by the companies on Wednesday, follows a similar move by Faurecia, which is 46-percent owned by Peugeot-maker PSA, earlier this year to invest in start-up energy technology company Enogia. As carmakers ramp up spending on self-driving and electric vehicles (EVs), many investors have been betting that their component suppliers will be the first winners from the technology shifts.
Faurecia SA. (ENXTPA:EO) is trading with a trailing P/E of 15.1x, which is higher than the industry average of 12.6x. While this makes EO appear like a stock to avoidRead More...
AUBURN HILLS, Mich., April 11, 2018 /PRNewswire/ -- Faurecia, one of the world's leading automotive technology companies, today announces the opening of a new tech center in Yokohama, Japan, for its Seating, Interiors and Clean Mobility businesses. With this strengthened presence, the Group will accelerate the development of technologies for Smart Life on Board and Sustainable Mobility through reinforced customer intimacy and the establishment of technology partnerships. Olivier Fidry, President of Faurecia Japan declares: "the opening of our new headquarters and tech center is a key milestone in Faurecia's history in Japan.
When Faurecia SA. (ENXTPA:EO) released its most recent earnings update (31 December 2017), I wanted to understand how these figures stacked up against its past performance. The two benchmarks IRead More...
COLUMBUS, Ind., Feb. 12, 2018 /PRNewswire/ -- Faurecia Clean Mobility (FCM) has changed the name of its Columbus Tech Center to Clean Mobility Crossroads. This rebranding is a continuation of Faurecia's focus on Smart Life On Board and Sustainable Mobility. The new name was unveiled during a celebration event held both in Columbus, Indiana, and live streamed to over 20 locations in North America, including Canada, the United States, and Mexico.
SILICON VALLEY, Calif., Jan. 16, 2018 /PRNewswire/ -- Faurecia, one of the world's largest automotive equipment suppliers, today celebrated the opening of its Silicon Valley Tech Center. The new facility will support the company's global R&D activities and expand upon its existing innovation network by strengthening its relationships with automakers, start-ups and leading universities in the region. A primary mission of the new location will be the acceleration of new and disruptive technologies in the company's strategic areas of focus: Sustainable Mobility and the Cockpit of the Future.
AUBURN HILLS, Mich., Dec. 7, 2017 /PRNewswire/ -- As part of its digital transformation project, Faurecia, one of the world's leading automotive equipment suppliers, has chosen to reinforce its strategic partnership with SAP, a global leader in enterprise application software. Following the successful deployment of SAP applications within Faurecia, the two companies have agreed to pursue new projects involving digitization and implementation of SAP Cloud solutions. Faurecia and SAP first teamed up in 2007 to deploy a single, integrated enterprise resource planning (ERP) system used by all 330 Faurecia sites.
AUBURN HILLS, Mich., Nov. 16, 2017 /PRNewswire/ -- Faurecia, one of the world's largest automotive equipment suppliers, will participate for the first time at CES® Las Vegas (January 9th -12th) with a booth located in Las Vegas Convention Center Central Plaza CP3. Faurecia will reveal major disruptive innovations for a personalized and safe on-board experience in the versatile, connected and predictive Cockpit of the Future. For the first time the Group will also showcase digital services for health and wellness and for smarter and cleaner cities.
AUBURN HILLS, Mich., Nov. 10, 2017 /PRNewswire/ -- Faurecia, one of the world's largest automotive equipment suppliers, has opened a new tech center in Silicon Valley to strengthen its relationships with automakers, innovative startups, leading universities and new actors in the mobility sector. Faurecia will accelerate its start-up scouting activities in the region and build a technology platform for its Smart Life on Board and Sustainable Mobility innovation ecosystems. The tech center will host one of the Group's Artificial Intelligence teams. Patrick Koller, Chief Executive Officer of Faurecia: "The opening of our tech center gives Faurecia a unique opportunity to strengthen its position as the central link between all actors in the mobility sector.
LIVONIA, Mich., Nov. 9, 2017 /PRNewswire/ -- Faurecia, in partnership with Ford, received a 2017 SPE Automotive Innovations Award in the Process and Technology category for decorative components in the instrument panel of the 2017 Ford Fiesta ST & Vignale. The decorative components are made up of a transparent polycarbonate top layer with a colored ABS back layer, finished with a scratch-resistant top coat. The components are molded through a 2k reverse injection molding process.
AUBURN HILLS, Mich. , Oct. 17, 2017 /PRNewswire/ -- Unprecedented. Unprecedented rainfall, unprecedented disaster, unprecedented need. Just a few of the ways the events of September 2017 unfolded in North ...