Clarion
Faurecia Q1 sales up 12% to EUR4bn
Faurecia has posted first-quarter sales up 12.2% on an organic basis to EUR4bn (US$4.8bn). The supplier noted double-digit organic growth…
Renault/Faurecia Clarion launch repair partnership
Renault and Faurecia Clarion Electronics, Faurecia's onboard electronics business, have launched a partnership for multi-brand electronic repairs. Through the partnership, Renault…
Faurecia acquires start-up IRYStec Software
Faurecia has announced the acquisition of the Canadian start-up IRYStec Software. IRYStec has developed the world's first software platform using perception…
Faurecia unveils Changchun Xuyang joint venture
Faurecia has unveiled a new joint venture with Changchun Xuyang Industry (Xuyang Group). Faurecia and Xuyang Group will be engaged in the…
Faurecia records H1 net income up 1% to EUR346m
Faurecia has posted first-half net income up 1% to EUR346m (US$386m). The supplier said its three historical Business Groups outperformed…
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Faurecia blends recent acquisitions into new business group
Faurecia has launched of its fourth business group - Faurecia Clarion Electronics - based in Saitama, Japan, saying it wants to…
Faurecia says Clarion tender offer successful
Faurecia says the tender offer launched for Clarion on January 30 has been successful. Clarion shareholders tendered 95.28% of their Clarion…
Faurecia 2018 net income up 17% to EUR701m
Faurecia has posted 2018 net income up 17% to EUR701m (US$793m) with sales rising 7% to EUR17.5bn. The 2016-2018 period…
Faurecia launches tender offer for Clarion
Faurecia says it will launch its tender offer for the acquisition of all shares of Clarion following clearance from relevant…
Faurecia to buy Clarion for US$1.1bn
Faurecia says it has reached binding agreements with Clarion and Hitachi, the controlling shareholder owning 63.8% of Clarion, for a…