Press releases

Faurecia, company of the world’s leading automotive technology group FORVIA, announces a $210 million loan with Latin America banks.

- FORVIA, 7th largest automotive industry supplier, will propose several world premieres at IAA Transportation
- New Cryogenic Hydrogen Storage Solution as part of zero-emission products for hydrogen mobility, as well as the world’s first truck seat platform.
- New modular, customized full-LED lamp and its latest intelligent battery sensor for smart energy management.

Faurecia, company of the Group FORVIA, the 7th largest automotive industry supplier, announces that it has been integrated into the ranking Euronext CAC 40 ESG® index that comprises the 40 companies within the CAC® Large 60 index that demonstrate the best Environmental, Social and Governance (ESG) practices. It will be effective from Monday 19 September 2022.

- Strong organic sales outperformance of +960bps
- Resilient performance with operating margin of 3.7% of sales & net cash flow of €102m
- Confirmed full-year 2022 guidance
- Integration of HELLA on track

• “Zero Emission Valley” is the leading renewable hydrogen mobility project in France for professional fleets.
• 1 200 vehicles and 20 refilling stations deployed by 2024
• Co-financed with EU funding, Michelin, ENGIE, Auvergne-Rhône-Alpes region and their partners are steering the project through the company HYmpulsion.

Following two years meetings held behind closed doors due to sanitary restrictions, Faurecia’s Combined General Meeting was held physically today at the Group’s headquarters under the chairmanship of Michel de Rosen. All resolutions were adopted.