Faurecia SA · Nanterre France ·(Euronext Paris: EO)
Company Description
Phone: +33-1-72-36-70-00
Fax: +33-1-72-36-70-07
Rankings
- CAC Mid100
- SBF 250
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Faurecia is one of Europe's largest automotive seat makers. In addition to car seats, it also manufactures exhaust systems, vehicle interiors and doors, and front-end systems. Although Europe accounts for 75% of sales, Faurecia is expanding in North and South America and Asia. It supplies most major carmakers, including General Motors , Ford , and Volkswagen . Faurecia also owns Faurecia Exhaust Systems , a top exhaust system maker in the US. Bertrand Faure and ECIA, a PSA Peugeot Citroën subsidiary, merged in 1999 to create Faurecia. Peugeot is Faurecia's largest customer as well as its majority owner (71%). Faurecia's CEO seat has been hard to keep filled, turning over the title three times in less than a year. To read the full description, subscribe now.
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Key Faurecia SA Financials
| Company Type | Public - Euronext Paris: EO Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $16,929.1 |
| 2007 Employees | 69,713 |
Faurecia SA Executives
20 executives listed for Faurecia SA's Nanterre, location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Yann Delabrière | Network |
| EVP and CFO | Frank Imbert | Network |
| EVP Seating Product Group | Patrick Koller | Network |
Competition
Competitive Landscape for Faurecia SA
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Faurecia SA Competitors
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