Info:
Faurecia is a French global automotive supplier headquartered in Nanterre, in the western suburbs of Paris. In 2013 it was the 6th largest international automotive parts manufacturer in the world and #1 for vehicle interiors and emission control technology. One in four automobiles is equipped by Faurecia. It designs and manufactures seats, exhaust systems, interior systems (dashboards, centre consoles, door panels, acoustic modules) and decorative aspects of a vehicle (aluminium, wood);
France’s Faurecia has signed two joint venture agreements with Iranian companies to expand its presence in the local market as projections predict Iran’s car market to expand dramatically as new models enter the market. Faurecia has signed agreements with Crosue Company. Crouse Company is Iranian entity that is working with U.S. sanctioned entities that are controlled by IRGC. These entities are: Bahman Group, Iran Khodro, SAIPA;
Despite U.S. sanctions on Iran regime, and regime sponsor for terrorist organizations and terrorist attacks, building weapons of mass destruction, building new missiles and threats to destroy other countries Faurecia from France continues to work in Iran;
Industry:
Automotive Industry
Established:
1997
Also Known As:
Faurecia Co.
Country:
France
Address:
Nanterre, France
Website:
www.faurecia.com
E-mail:
rsilverman@faurecia.com
Reason for the color:
» France’s Faurecia in Joint Ventures with 2 Iranian Firms;