Faurecia says it has been nominated again as strategic partner within the ‘Future Automotive Supply Tracks’ initiative (FAST) of the Volkswagen Group.
After the nomination of business groups, Automotive Seating and Interior Systems in 2015, Emissions Control Technologies has been added as a FAST Partner too.
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“To be selected as strategic partner by the Volkswagen Group, is a great honour for us,” said Faurecia Emissions Control Technologies EVP, Christophe Schmitt.
“The close partnership with Volkswagen, one of our major customers, significantly contributes to the development and use of leading-edge technology in the field of exhaust systems.”
Through the Volkswagen FAST initiative, the Volkswagen Group is creating a network of suppliers who work together to optimise the value stream.
As a FAST supplier, Faurecia will be involved in joint value creation initiatives within the Group at an earlier stage.
With a sales share of around 23% with Audi, Seat, Škoda and other brands, the Volkswagen Group is Faurecia’s largest global customer.
