Faurecia Honored by General Motors as a 2005 Supplier of the Year
TROY, Mich., May 2, 2006 -- Faurecia has been named a General Motors Supplier of the Year for seats for its overall business performance in providing GM with world-class parts and services. This marks the second consecutive year in which Faurecia has received the prestigious honor. The award was given during ceremonies held Saturday, April 29, at the General Motors Vehicle Engineering Center in Warren, Mich.
"We consider Faurecia to be a role model for all suppliers. They are recognized as a GM Supplier of the Year because they exceeded our expectations in 2005," said Bo Andersson, vice president of Global Purchasing and Supply Chain. "Faurecia is one of the best in the world and we thank them for their hard work and commitment to helping make GM vehicles the best in the world."
"The GM Supplier of the Year award carries great prestige and Faurecia is honored to have once again been selected," said Pierre Levi, Faurecia president and CEO. "This award reflects Faurecia's continued dedication to supplying automakers with the best quality products reflecting innovative design and functionality, which ultimately helps to enhance the consumer's in- vehicle experience."
The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price.
In North America, Faurecia had sales of $1.5 billion in 2005. The Group has 17 sites in the United States, Canada, and Mexico, and employs nearly 7,000 people in the area. It has three technical centers in Auburn Hills and Troy, Michigan and Toledo, Ohio.
Faurecia is a world leading automotive supplier of six major vehicle modules: seats, cockpits, door modules, acoustic modules, front ends and exhausts. In 2005 the Group posted sales of euro 11 billion. It operates in 28 countries and employs 60,000 people at 160 sites. Faurecia is listed on the Euronext Paris-Eurolist stock exchange.