IHS

Faurecia sees sales drop 10% in Q3

Published: October 28, 2021

The car parts manufacturer has posted a 10% drop in sales for the third quarter of 2021 as semiconductor shortages continue to cause production delays in the automotive sector.

Faurecia upgrades guidance for second half

Published: October 26, 2020

The France headquartered automotive seating and components manufacturer said the third quarter results were better than expected.

Global car sales forecast to decline 22% in 2020

Published: April 23, 2020

Worldwide light vehicle sales are expected to decline 22% this year to 70.3 million units.

Faurecia’s sales impacted by COVID-19 disruption

Published: April 22, 2020

Reported sales for the automotive seating and components manufacturer declined 13.5% in the first quarter of the year.

Faurecia’s Seating sales down 6.2% in 2019

Published: March 9, 2020

The France headquartered automotive car parts and seating manufacturer has posted sales of €17.8 billion for full year 2019, up 1.4% on a reported basis, but down 3% at constant currencies.

Lower annual sales for Faurecia’s Seating business

Published: February 18, 2020

Sales for the French automotive parts and seating manufacturer totalled €17.8 billion in 2019, up 1.4% on a reported basis, down 3% at constant currencies, at a time when the global automotive production recorded a 5.8% decline according to IHS Markit February 2020.

Faurecia’s H1 results impacted by lower demand in China

Published: July 24, 2019

Despite a challenging first half, the French automotive parts supplier says that all its three key business groups outperformed the global automotive production average.

Faurecia’s sales remain flat in first quarter

Published: April 24, 2019

The French automotive seating and parts manufacturer has posted reported sales up 0.2%, down 1.1% at constant currencies, for the first quarter of 2019.

IHS Markit predicts less leather in future cars

Published: March 7, 2019

Digital leather cutting and software solutions provider, Lectra hosted its 5^th annual automotive event on March 7. The two-day event features 50 invited delegates from 15 countries representing the whole automotive supply chain. One of the keynote speakers was from automotive consultants IHS Markit based in Paris.

Faurecia rises full year guidance on first half performance

Published: July 25, 2018

The French automotive seating and car parts manufacturer has reported a +10.9% sales growth in the first half of 2018, year-on-year, 910bps above worldwide automotive production growth (+1.8% according to IHS Automotive July 2018).