Faurecia has recently been awarded a record contract for its seating business by the BMW Group. This order represents the highest single order intake ever for Faurecia in terms of sales volume.
The contract includes just-in-time (JIT) assembly for 7 vehicles, as well as seat structures for 10 vehicles on two major platforms: Mini and BMW 2 Series. This represents a JIT assembly and seat frames business for over 6 million vehicles.
In order to reduce the number of interfaces and complexity, BMW opted for a vertical integration strategy, entrusting key components such as frames, covers and foams to Faurecia, the current supplier for the JIT business.
According to Thorsten Muschal, executive vice-president (Sales and Program Management), Faurecia, “As an industry leader in seat frames and mechanisms, Faurecia is proud to be one of BMW’s preferred partners and to equip such iconic vehicles. Faurecia was awarded this business based on its strong customer intimacy and its strong capabilities for vertical integration and development synergies. “
Faurecia recently announced a record order intake of 62 billion euros (three year rolling - 2015-2017 - and that includes this BMW order intake), up 9 billion euros versus 2014-2016, both confirming its strong customer connect and its ability to develop and produce breakthrough innovations.