Faurecia is a company of the Group FORVIA. With over 300 industrial sites and 63 R&D centres, 150,000 people, including more than 35,000 engineers across 40+ countries.
With a commitment to innovation and sustainability, Faurecia provides advanced solutions to major automakers worldwide, emphasizing environmentally-friendly technologies and sustainable mobility.
Its market cap is 4.14B EUR as of August 2023.
Faurecia is listed under the Forvia SE ticker (EPA: FRVIA). It offers investors a stake in one of the world's pioneering automotive suppliers. Specializing in automotive components across seating, interior systems, and clean mobility sectors, Faurecia remains a favoured instrument for those seeking exposure to the evolving automotive industry landscape.
With its emphasis on innovation and sustainability, the company symbolizes the advancement and transformation of the automotive sector. The stock price has seen fluctuations over the last 5 years from €51.66 in 2018, to a low of €11.93 in October 2022.
Faurecia operates in a highly competitive automotive supply sector, facing rivalry from global giants like Magna International, Lear Corporation, and Adient. These companies, much like Faurecia, specialize in producing automotive interiors, seating systems, and other vital vehicle components.
Additionally, firms such as Delphi Technologies and Bosch offer advanced automotive solutions, positioning themselves as significant players in the clean mobility and vehicle electronics domains. Together, these competitors define the dynamics of the automotive supplier landscape, emphasizing innovation, sustainability, and cost-efficiency to meet the ever-evolving demands of automakers worldwide.
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