According to the report of “American Auto Newsâ€, due to optimistic about the growth potential of the automotive exterior market in the North American market, French spare parts supplier Faurecia plans to expand its automotive exterior business in this market.
According to Mike Heneka, president of Foggia North America, automotive exterior parts such as insurance panels, hoods and front-end components have great market potential in North America. Foglia has held talks with a number of vehicle manufacturers in the past two weeks and has received many invitations. It hopes to enter the North American automotive exterior market. Despite this, Mike Heneka stated that Faurecia won't expand its exterior business until it has secured long-term customer assurance.
“Our exterior business is a leader in the European market, but in the North American market, our exterior business is ranked lower.†Mike Heneka said: “This market has been highly monopolized, and car manufacturers will very much welcome us to join us. ."
In 2012, Faurecia's global Auto Parts sales reached 22.5 billion U.S. dollars, ranking seventh in the "American Auto News" ranking. The company had sales of US$6.1 billion in the North American market in 2012.
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