Faurecia

Automotive Interior Materials Market to Surpass US$ 80.08 Billion by 2030 - Coherent Market Insights

Retrieved on: 
Friday, November 17, 2023

BURLINGAME, Calif., Nov. 17, 2023 /PRNewswire/ -- According to Coherent Market Insights, Global automotive interior materials market size was valued at US$ 56.26 Billion in 2022 and is expected to surpass US$ 80.08 Billion by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 4% from 2023 to 2030.

Key Points: 
  • BURLINGAME, Calif., Nov. 17, 2023 /PRNewswire/ -- According to Coherent Market Insights, Global automotive interior materials market size was valued at US$ 56.26 Billion in 2022 and is expected to surpass US$ 80.08 Billion by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 4% from 2023 to 2030.
  • The global automotive interior materials market has witnessed significant growth in the recent years and this is attributed to the growing demand for premium automotive interiors.
  • Moreover, increasing disposable income of consumers coupled with the growing advancement in technology are further anticipated to foster the market growth.
  • Global Automotive Interior Materials Market Segmentation:

Automotive Interior Materials Market to Surpass US$ 80.08 Billion by 2030 - Coherent Market Insights

Retrieved on: 
Friday, November 17, 2023

BURLINGAME, Calif., Nov. 17, 2023 /PRNewswire/ -- According to Coherent Market Insights, Global automotive interior materials market size was valued at US$ 56.26 Billion in 2022 and is expected to surpass US$ 80.08 Billion by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 4% from 2023 to 2030.

Key Points: 
  • BURLINGAME, Calif., Nov. 17, 2023 /PRNewswire/ -- According to Coherent Market Insights, Global automotive interior materials market size was valued at US$ 56.26 Billion in 2022 and is expected to surpass US$ 80.08 Billion by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 4% from 2023 to 2030.
  • The global automotive interior materials market has witnessed significant growth in the recent years and this is attributed to the growing demand for premium automotive interiors.
  • Moreover, increasing disposable income of consumers coupled with the growing advancement in technology are further anticipated to foster the market growth.
  • Global Automotive Interior Materials Market Segmentation:

Aptoide secures €8.5 million investment from Digital Turbine, strengthening strategic partnership

Retrieved on: 
Thursday, November 9, 2023

Paulo Trezentos, Aptoide's CEO, commented on the strategic partnership and investment, stating: "We are thrilled to strengthen our partnership with Digital Turbine and leverage their expertise to enhance app discovery and distribution.

Key Points: 
  • Paulo Trezentos, Aptoide's CEO, commented on the strategic partnership and investment, stating: "We are thrilled to strengthen our partnership with Digital Turbine and leverage their expertise to enhance app discovery and distribution.
  • This investment underscores the incredible growth and potential of Aptoide, showcasing the tremendous potential of this partnership to transform the mobile app distribution landscape".
  • In October 2022, Digital Turbine announced a strategic investment in Aptoide, marking the first step in the fruitful relationship between the two companies.
  • The growing partnership between Aptoide and Digital Turbine highlights the increasing significance of the alternative games distribution market.

Aptoide secures €8.5 million investment from Digital Turbine, strengthening strategic partnership

Retrieved on: 
Thursday, November 9, 2023

Paulo Trezentos, Aptoide's CEO, commented on the strategic partnership and investment, stating: "We are thrilled to strengthen our partnership with Digital Turbine and leverage their expertise to enhance app discovery and distribution.

Key Points: 
  • Paulo Trezentos, Aptoide's CEO, commented on the strategic partnership and investment, stating: "We are thrilled to strengthen our partnership with Digital Turbine and leverage their expertise to enhance app discovery and distribution.
  • This investment underscores the incredible growth and potential of Aptoide, showcasing the tremendous potential of this partnership to transform the mobile app distribution landscape".
  • In October 2022, Digital Turbine announced a strategic investment in Aptoide, marking the first step in the fruitful relationship between the two companies.
  • The growing partnership between Aptoide and Digital Turbine highlights the increasing significance of the alternative games distribution market.

EQS-News: HELLA GmbH & Co. KGaA: MAHLE and HELLA sell BHTC shares to AUO

Retrieved on: 
Monday, October 2, 2023

Automotive suppliers MAHLE and HELLA are selling their respective 50 percent stake in the Behr-Hella Thermocontrol (BHTC) joint venture to AUO Corporation.

Key Points: 
  • Automotive suppliers MAHLE and HELLA are selling their respective 50 percent stake in the Behr-Hella Thermocontrol (BHTC) joint venture to AUO Corporation.
  • The transaction is currently still subject to approval by the relevant foreign trade and antitrust authorities; closing is expected to take place by mid-2024.
  • The agreed sale of shares is the result of constructive discussions between MAHLE and HELLA regarding the future positioning and direction of BHTC.
  • BHTC was founded in 1999 as a joint venture between the two equal shareholders MAHLE and HELLA.

Cummins Acquires Portions of Faurecia’s Commercial Vehicle Exhaust Aftertreatment Business in Europe and the United States

Retrieved on: 
Monday, October 2, 2023

Cummins Inc. (NYSE: CMI) today announced that Cummins Emission Solutions completed its acquisition of two Faurecia commercial vehicle manufacturing plants and their related activities, one in Columbus, Indiana (U.S.), and one in Roermond, Netherlands.

Key Points: 
  • Cummins Inc. (NYSE: CMI) today announced that Cummins Emission Solutions completed its acquisition of two Faurecia commercial vehicle manufacturing plants and their related activities, one in Columbus, Indiana (U.S.), and one in Roermond, Netherlands.
  • Faurecia is a global automotive technology leader and company of the FORVIA Group.
  • Cummins is committed to honoring Faurecia’s existing supplier and customer contracts in both facilities and will make the necessary investments to deliver on the contracts.
  • Cummins financed the transaction, which had a total transaction value of €199.2 million, using cash on the company’s balance sheet.

ENGIE IMPACT DEBUTS MOBILITY SUPPORT OFFERING FOR ACCELERATED COMMERCIAL EV CHARGING INFRASTRUCTURE EXECUTION

Retrieved on: 
Tuesday, June 13, 2023

NEW YORK, June 13, 2023 /PRNewswire/ -- With EV sales rising rapidly around the world, charging infrastructure is in high demand and evolving into a potentially decisive advantage for commercial organizations to attract customers and maximize revenue. ENGIE Impact, a leader in sustainability transformation solutions, is addressing this market shift with its new Mobility Support offering, providing strategic planning, procurement and implementation assistance for portfolio-scale EV charging infrastructure initiatives, allowing commercial businesses to convert this increased demand into a competitive advantage by providing customers the option to charge where they shop.

Key Points: 
  • ENGIE Impact , a leader in sustainability transformation solutions, is addressing this market shift with its new Mobility Support offering, providing strategic planning, procurement and implementation assistance for portfolio-scale EV charging infrastructure initiatives, allowing commercial businesses to convert this increased demand into a competitive advantage by providing customers the option to charge where they shop.
  • "Accessible EV charging in commercial spaces is imperative to enable a sustainable future.
  • ENGIE Impact Mobility Support enables businesses to respond to growing customer expectations for EV charging without taking on the financial or operational burden of ownership.
  • Over the last six years, ENGIE Impact has helped its clients collectively save nearly $1 billion through reduced energy usage.

Eightfold AI Gets Faurecia, Global Automotive Industry Leader, Future-ready

Retrieved on: 
Thursday, June 1, 2023

SANTA CLARA, Calif., June 1, 2023 /PRNewswire/ -- Eightfold AI, the leader in AI-powered talent intelligence, today announced their live implementation with Faurecia, a FORVIA Group company. Faurecia leverages Eightfold AI's Talent Acquisition and Talent Management offerings to further modernize its hiring programs leveraging the most advanced technology and employee experience.

Key Points: 
  • Faurecia leverages Eightfold AI's Talent Acquisition and Talent Management offerings to further modernize its hiring programs leveraging the most advanced technology and employee experience.
  • Additionally, Faurecia is leveraging Eightfold AI's Talent Intelligence Platform to source more candidates from their existing Applicant Tracking System (ATS).
  • Through Eightfold AI's skills database, Faurecia projects measurable improvements to the effectiveness and efficiency of its entire talent operation.
  • Eightfold AI offers a single Talent Intelligence Platform that provides a consistent experience for recruiters, hiring managers, and employees.

Piston Group Appoints Chief Human Resources Officer

Retrieved on: 
Wednesday, May 31, 2023

DETROIT, May 31, 2023 /PRNewswire/ -- The Piston Group today announced the appointment of Ericka Stephens as chief human resources officer.

Key Points: 
  • DETROIT, May 31, 2023 /PRNewswire/ -- The Piston Group today announced the appointment of Ericka Stephens as chief human resources officer.
  • In her role, Stephens will be responsible for assisting the chief executive officer and executive leadership team with developing, implementing, communicating, and executing the Piston Group's strategic plan for human resources.
  • Stephens comes to Piston Group with nearly 20 years of human resource leadership experience.
  • Previously, she was chief human resources officer for Pace Industries where she developed and executed human resource strategy in support of the overall business, specifically in the areas of succession planning, talent management, change management, organizational and performance management, training and development, and community presence.

Cummins to Acquire Parts of Faurecia’s Commercial Vehicle Exhaust Business in Europe and the United States

Retrieved on: 
Tuesday, May 23, 2023

“Cummins and Faurecia have a long partnership history,” said Cary Chenanda, Vice President of Cummins Emission Solutions.

Key Points: 
  • “Cummins and Faurecia have a long partnership history,” said Cary Chenanda, Vice President of Cummins Emission Solutions.
  • The acquisition adds significant technical and manufacturing resources and enhances Cummins’ existing mixer portfolio.
  • These assets position Cummins’ Emission Solutions business for long-term success.
  • Cummins and the Columbus South and Roermond plants remain separate entities today and will continue to operate independently of each other until the acquisition closes.