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Faurecia sees sales drop 10% in Q3

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.


Lower annual sales for Faurecia’s Seating business

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.


IHS Markit predicts less leather in future cars

Digital leather cutting and software solutions provider, Lectra hosted its 5th 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.