Faurecia selected as strategic partner of Volkswagen Group

Faurecia announced that its Automotive Seating and Interior Systems activities have been selected by the Volkswagen Group as strategic partners within the “Future Automotive Supply Tracks” (FAST) corporate initiative. Faurecia said this nomination is a confirmation of its performance in the supply of automotive seat structures and instrument panels for Volkswagen Group vehicles.

“It is a great honour for Faurecia to have been chosen by the Volkswagen Group as a strategic partner. This further development of our partnership with our leading customer will enable us to accelerate the deployment of our leading-edge technologies in the fields of sustainable mobility and enhanced life on-board” said Yann Delabrière, Chairman and CEO of Faurecia.

Volkswagen had announced on 31 July 2015 the nomination of 44 suppliers who will be collaborating with the group on a new common strategic level under the FAST initiative. With the FAST initiative, Volkswagen is working together with its suppliers to respond to the challenges and accelerating technology changes taking place in the automotive industry. The aim of this initiative is to successfully implement joint technological innovations ever faster than in the past and to realise vehicle projects worldwide even more efficiently and effectively with the Volkswagen Group.

For many years, Volkswagen has consistently been Faurecia’s first customer worldwide, with close to 25 % of product sales generated with the Audi, Seat, Škoda and Volkswagen brands.