Faurecia targets sales of over $37B in 2025 as it seals Hella deal

By:

Reuters

February 07, 2022 10:18 AM

PARIS -- Faurecia said its new combination with Hella would result in it aiming for sales of above 33 billion euros ($37.72 billion) in 2025, and an increased annual cost savings target of 250 million euros.

Featured Stories

Tariffs could upset the auto supply chain. Here’s how the industry has survived past supply chain disruptions.

U.S. steel, aluminum tariffs mean higher costs for automakers and suppliers

Tesla brand damage? U.S. registrations sink 11% in January as EV rivals surge 44%

Next for Nissan: New CEO Ivan Espinosa starts crafting a ‘turnaround plan plus’

Latest News

VW’s Ontario PowerCo plant faces potential tariff disruption, slower ramp up on lagging EV sales, exec warns

Porsche leans into white-hot utility vehicle demand with new compact crossover

Live updates on tariffs: Canada hits back at U.S. with 25% tariffs

McLaren to add luxury SUVs to lineup in reboot under new owner

Staying current is easy with newsletters delivered straight to your inbox.

See More in Suppliers

Don’t expect suppliers to bring auto jobs to the U.S. amid tariff tensions, experts say

Tariffs could upset the auto supply chain. Here’s how the industry has survived past supply chain disruptions.

What tariffs mean for the auto industry

Room for ‘sanity’ to prevail on tariffs, USMCA, Martinrea chair says

Staying current is easy with newsletters delivered straight to your inbox.