Faurecia Q3 2016 Sales Results October

Faurecia reported Q3 2016 sales of €4.3 billion with value-added sales growth of 3.7% organically, despite headwinds from currency fluctuations and regional production declines. The automotive supplier faced challenges in North America due to Chrysler 200 production reductions and Ford output cuts, while performing in line with European light vehicle production. Daimler and Nissan sales showed strong growth at 14% and 12% respectively.