AUBURN HILLS, Mich.,
June 21, 2013 /PRNewswire/
-- Faurecia vaulted to fifth place among all North American
automotive suppliers in 2012, according to the Automotive News list
of the top 100 suppliers in the region. Faurecia's leap from eighth
in 2011 to fifth in 2012 was prompted by a growth in sales to more
than $6 billion during the past year,
compared with just over $4.7 billion
in 2011. Faurecia's climb of three positions in the 2012 Automotive
News list was the greatest jump for any of the top 10
suppliers.
The upsurge in automotive production and growth in Faurecia's
market for emissions control technologies and interior systems
helped fuel Faurecia's gains, along with continued growth in
automotive seating and exterior systems. The company's 2012
acquisition of the Automotive Components Holdings (ACH) interior
systems business at the Saline,
Mich., plant helped propel Faurecia to the number-one
position among interiors suppliers last year and contributed
significantly to its rise in the rankings for North American
suppliers overall. Faurecia's 2010 acquisition of EMCON
Technologies also advanced Faurecia to the position of North America and worldwide market leader in
emissions control technologies and continues to support new growth
in emissions systems and innovations that are proving popular for
the development of future passenger and commercial vehicles.
Faurecia North America now accounts for nearly 30 percent of the
company's global sales and is one of the fastest-growing regions
for Faurecia sales. In 2012, Faurecia outpaced light-vehicle
production growth in North
America, where sales rose by 41.3 percent. Growth continued
in the first quarter of 2013, when Faurecia North America reported
a 21.5 percent increase in sales, driven by significant advances in
the interior systems business and automotive seating. Expansion in
North America has been
strengthened by reinforced and broadened partnerships with
customers such as Ford, Nissan, Daimler and Volkswagen, as well as
with customers in the commercial vehicles sector. Business in the
region is expected to grow at 11 percent annually to reach
$7 billion in 2016.
"Faurecia's ranking reflects our company's progressive expansion
across the U.S., Mexico and
Canada over the past several
years," said Faurecia North America President Michael Heneka. "We have gained increasing
recognition for our technology innovation, and our introduction of
new lightweight products that save fuel, reduce emissions and make
driving more comfortable has drawn the attention of a steadily
enlarging proportion of the automaker market. We are most grateful
for our customers' confidence in our capabilities and for their
partnership in our growth."
Since 2010, Faurecia has opened 15 new plants and technology
centers in North America and has
nearly doubled the size of its workforce to more than 20,000.
Recently the company also announced the start of construction on a
new 278,000-square-foot North
America headquarters in Auburn
Hills, Mich. The building, which also incorporates technical
centers for Faurecia Automotive Seating and Faurecia Automotive
Exteriors, will house as many as 700 employees when completed in
2014.
Automotive News also reports that, globally, Faurecia is in a
virtual tie for sixth place among the world's top 100 suppliers,
with $22.5 billion in sales (€17.4
billion) in 2012, up 7.3 percent versus its 2011 performance,
despite the declining automotive market in Europe during the period.
About Faurecia North America
Faurecia North America had sales of $6
billion in 2012. Faurecia has 37 production sites, six
technical centers, two customer centers and a shared services
center in the United States,
Canada and Mexico and employs more than 20,000 people in
the region. Connect with the company in North America on Facebook
(http://www.facebook.com/faureciaNA), Twitter
(http://www.twitter.com/faurecia_NA) and Pinterest
(http://www.Pinterest.com/FaureciaNA).
About Faurecia
Faurecia is the world's sixth largest automotive supplier with
four key Business Groups: Automotive Seating, Emissions Control
Technologies, Interior Systems and Automotive Exteriors. In 2012,
the Group posted total sales of $22.5
billion. It employs 94,000 people in 34 countries at 320
sites and 30 R&D centers. Faurecia is listed on the NYSE
Euronext Paris stock exchange and trades in the U.S.
over-the-counter (OTC) market. For more information, visit:
www.faurecia.com
SOURCE Faurecia