Press releases

Faurecia announces that it has completed today the acquisition of a controlling interest in Hella GmbH & Co. KGaA, announced on August, 14, 2021.

Faurecia, a leading automotive technology company, announces a partnership with BMW Group to integrate the Faurecia Aptoide Automotive App Store in future vehicles. The App Store will enable an innovative and seamlessly connected app offering in the new models of the world's leading premium car and motorcycle manufacturer.

Faurecia (Euronext: EO - FR0000121147) announces that it has signed a €700million Schuldscheindarlehen, (private placement under German law) under Faurecia's Sustainability-Linked Financing Framework established in October 2021.

Effective December 13, Nik Endrud is appointed North America Executive Vice President and is joining the Executive Committee of Faurecia.
Faurecia, one of the world’s leading automotive technology companies, has named Nik Endrud Executive Vice President of North America. In his new role Nik Endrud will be directly responsible and accountable for the sustainable development of the business in North America. He will join the Faurecia Executive Committee, reporting directly to Faurecia Chief Executive Officer Patrick Koller.

• New downward revision of automotive production in Europe
• Difficulties to flexibilize and compensate stop-and-go generated costs
• One-off costs related to one program launch issues in the US

Faurecia will hold 79.5% of Hella and will be able to implement strategy for accelerating value creation as from Day 1 after closing.

Faurecia announces the success of the above transaction, launched yesterday. Faurecia priced the 2027 Sustainability-Linked Notes at 2.75%. The Sustainability-Linked Notes are the inaugural issue of sustainability-linked bonds under Faurecia's Sustainability-Linked Financing Framework established in October 2021.

Faurecia, one of the world's leading automotive technology companies, announces that it has signed the letter led by the "We Mean Business" coalition calling on the G20 to maintain the 1.5°C commitment of the Paris Agreement.

Solid organic sales outperformance of 780bps, in a market that continued to be severely impacted by semiconductor shortage

Air Liquide and Faurecia today announce the signature of a joint development agreement to design and produce on-board liquid hydrogen storage systems for the automotive industry. Through this technology partnership, the two companies will accelerate the deployment of zero-emission heavy-duty mobility.

Effective October 1st, Victoria Chanial is appointed Executive Vice-President, Group Communications and is joining the Executive Committee of Faurecia.

Faurecia, one of the world’s leading automotive technology companies, has earned a 2021 Automotive News PACE Award for its IRYStec Perceptual Display Platform Vision (PDP Vision) solution.