Faurecia, a leading global supplier of engineering solutions and automotive components, stood out from nearly one hundred participants as it won three awards at the China Automotive Industry 2011 Award. Two of the awards were for its outstanding achievements in technical innovation and product quality; the Top 10 “Fastest Technical Progress” Auto Parts Enterprises Award and Top 10 “Best Quality” Auto Parts Enterprises Award. In addition, Mr. Jean Michel Vallin, President of Faurecia (China) Holding Co., Ltd. was awarded the title of Top 10 “Best Manager” of Auto Parts Enterprises.
”We’re delighted and greatly honored that Faurecia won these three awards. The accolades recognize our determination and dedication to the Chinese market, innovation in R&D, and improvements in product quality and customer satisfaction,” said Mr. Jean Michel Vallin, President of Faurecia (China) Holding Co., Ltd. “Of course, all of this serves to further encourage and inspire our future development. Faurecia will continue to drive the Chinese market and contribute to the progress of China’s automotive industry not only through its international expertise and well-established R&D but also its understanding of the demands from our local partners.”
Since entering the Chinese market in 1994, Faurecia has remained true to its concept of “Technical Perfection, Automotive Passion” and considers China as a critical strategic market for the group’s business development. Faurecia has established four R&D centers in China with more than 600 engineers. The R&D capacity of Faurecia covers every aspect including engineering, testing, and assisting clients with product development with a special focus on enhancing leadership in technology and leadership in comfort, safety, spaciousness, modularity, design and perceived quality, emission control, weight reduction and recycling, with the aim of achieving localization of development and delivering innovative products to Chinese customers.
By using the Faurecia Excellence System (FES) – a dedicated quality assurance system, Faurecia is able offer its customers operational excellence in program management and product launches to mass production. Faurecia has achieved an average global PPM (number of defective products per million products delivered to customers) of 15, while a higher standard of single-digit PPM was realized in Chinese local plants, among which some even demonstrated a perfect result of 0 PPM. With its professional quality assurance system, Faurecia is highly regarded by major global engine manufacturers, and has been awarded a number of Supplier Excellence Prizes by cooperation partners. Recently, Faurecia's automotive seating factory in Wuhan was awarded the Dongfeng Nissan "Supplier Quality Award" trophy by the Global CEO of The Renault-Nissan Alliance, Mr. Carlos Ghosn.
The rapid and robust development of a company cannot be achieved without outstanding leaders. Mr. Jean Michel Vallin was appointed President of Faurecia (China) Holding Co., Ltd. in January 2008. With 28 years of experience as a high level executive in automotive industry, in addition to extensive expertise in general management, sales and project management, and manufacturing and partnership development, Mr. Vallin has led Faurecia to the peak of its development with sales achieving a growth rate of 43% in 2009, 58% in 2010, and for the first time ever totaling a value of 1 billion Euros.
China is the most important strategic area for the development of Faurecia. The Group is currently operates 25 plants and four R&D centers, with some 6,000 employees. It achieved 2010 sales of EUR 1,023 million and targets EUR 2.5 billion sales in China in 2015.
About China Automotive Industry 2011 Award
The China Automotive Industry 2011 Award was organized by Gasgoo International, a global leading e-commerce platform for the automotive industry. This year’s event awarded outstanding corporations of the automotive industry and revealed to the government, media, and companies the current development scene of China’s automotive industry, aiming to further improve the overall technical and management level as well as the global competitiveness of China’s automotive industry. After five months of review and evaluation, Gasgoo International selected winners for three categories — Auto Parts Industry, Automotive Industry Park, and Automotive Servicers for candidates from domestic and foreign companies in the automotive industry, purchasing managers from major assembly plants and Grade A suppliers and industry experts.
About Faurecia
Faurecia is the world's sixth largest automotive equipment supplier with four key Business Groups: Automotive Seating, Emissions Control Technologies, Interior Systems and Automotive Exteriors. In 2010, the Group posted total sales of 13.8 billion Euros. It employs 75,000 people in 33 countries at 238 sites and 38 R&D centers. Faurecia is listed on the NYSE Euronext Paris stock exchange. For more information, visit: www.faurecia.com / www.faurecia.cn
