Search results

Through its Corporate Foundation, FORVIA, the world's 7th largest supplier of automotive technologies, is extending its action to protect the environment by joining forces with the Maud Fontenoy Foundation and Plastic Odyssey, two renowned organizations dedicated to protecting marine biodiversity.

Faurecia’s combined general meeting was held today at the Group’s headquarters under the chairmanship of Michel de Rosen. All resolutions were adopted.

Faurecia, a company of the group FORVIA, the global 7th largest automotive supplier, continues to implement its decarbonization roadmap by signing a ten-year Power Purchase Agreement (PPA) with Renewable Power Capital.

What people expect from their mobility experiences is constantly evolving. And so is FORVIA’s expertise in how to satisfy this. Especially as seating safety, comfort and wellbeing will be central to the different ways we’ll spend time on the move.

Following an exclusive negotiations phase, Faurecia, a FORVIA Group company, and Cummins have signed a Share and Asset Purchase Agreement under which Faurecia will sell a part of its commercial vehicle exhaust aftertreatment business in Europe and the US to Cummins for an enterprise value of 142EUR million after final technical adjustments.

With the acquisition by STELLANTIS of a stake in SYMBIO (a joint venture between Faurecia and MICHELIN), confirmed this morning in a joint press release by the three partners, Faurecia will receive a total amount of €150 million which will contribute to its €1 billion asset disposal program by the end of 2023.

Faurecia, a company of the FORVIA group, Michelin and Stellantis announce today the signing of a binding agreement for Stellantis to acquire 33.3% stake in Symbio, a leader in zero-emission hydrogen mobility. Faurecia and Michelin will remain shareholders with 33.3% holding each.

From 18-27 April FORVIA teams were showing how the innovation strength of Faurecia and HELLA is
ready to support the dynamic evolution of mobility in China.

With the rise of electric cars, as well as the importance of lowering the emissions of petrol engines, automakers are looking for every possible means to reduce the weight of their vehicles. Faurecia’s new Skin Light Panel provides an attractive and sustainable way to reduce the weight and bulk of front seating, allowing more space for rear passengers, while offering a premium look and feel.

In an age of personalization, the auto industry must adapt to local demands and preferences in order to meet the varying expectations of customers around the world. In China, the world’s largest auto market, more vehicle owners employ drivers and there is increased demand for heightened comfort in the rear seats. This has led to the development of Faurecia’s Zero-Gravity Captain Chair – a rear passenger seating solution that delivers cutting-edge well-being features combined with unsurpassed comfort and relaxation.

Sales growth of +29% in the quarter to €6.6bn driven by organic growth of +17.6%

•Faurecia, a company of the FORVIA Group, will attend Hannover Messe 2023, on April 17 - 21, 2023 in Hannover, Germany alongside Symbio, its joint-venture created with Michelin.

•Two breakthrough hydrogen solutions for Automotive and Infrastructure in the European Market will be showcased:

•Containerized Hydrogen Storage: a lightweight storage solution aiming at drastically lowering the cost and CO2 footprint of transporting hydrogen, by storing c.1 ton of H2 in the equivalent of a 40 feet container.

•XL Gaseous Storage: a new 700 bar tank for truck applications which increases hy-drogen capacity by 80% vs current 350 bar solution and provides new vehicle integration opportunities.