Strategy, Finance   /   10/11/2014

At its Investor Day held today in Shanghai, Faurecia detailed its strategy to double its sales in China over the next four years and to maintain its high profitability.

The Group is planning to grow twice as fast as the market to reach total sales over €4 billion by 2018, up from an estimated €2.3 billion targeted for this year.

This will be achieved through a strategy of continued growth with international automakers and strengthening relationships with Chinese automakers, including through partnership agreements such as that which the Group already has since April 2013 with Chang'an Automobile Group, one of China's largest automobile groups.

  • Read the press release
  • Read the financial presentation
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