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Faurecia expects to gain from megasupplier trend

Yann Delabriere: "We don't expect the European market to decrease again. We have a very slow recovery ahead of us."
December 09, 2014 05:00 AM

Faurecia increased sales in the third quarter by 7 percent to 4.4 billion euros and the company expects its full-year revenue to rise by as much as 4 percent on the 18 billion euros it reported in 2013. To maintain the momentum, CEO Yann Delabriere is counting on the megasupplier to continue expanding its product offerings to provide high-tech solutions to meet customer demands anywhere in the world. Delabriere recently met with Automotive News Europe Correspondent Bruce Gain.

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