Faurecia

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Faurecia
Type Public
Founded 1997
Headquarters Flag of France 2 reu Hennape, Nanterre, France
No. of locations 26 countries
Area served International
Key people Yann Delabrière, CEO
Industry Automotive
Products Exhausts, Seats, Interiors and Front Ends
Services supplier for Chrysler, Ford, and GM
Website [1]

Faurecia is the 8th largest international automotive parts manufacturer in the world. It produces 6 types of car modules: seats, cockpits, doors, acoustic packages, front end and exhaust, Faurecia provides parts for GM, Chrysler, and Ford. Headquartered in Nanterre, France, Faurecia operates over 180 sites in 28 countries worldwide.

[edit] History

On December 11, 1997, Bartrand Faure launched an automotive equipment business merger with business Ecia to form Faurecia . It led to world wide business, by 1999 they generated 4 Mio Euros ($5.4 Mio USD) and a staff of 32.000. They began making exhausts in the U.S. In 2000 they invested in car interiors. Today, Fuarecia has earned 11 billion Euros ($14 billion USD) becoming the second largest part suppler with locations worldwide. Faurecia develops and assembles various types of automobile seats for the European, North and South American and Asian markets. In 2006, their Chairman and Chief Executive, Pierre Levi resigned amidst bribery investigations. It was claimed Faurecia paid German car manufacturers to buy their parts.[citation needed]

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