Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Faurecia to Buy Ford Car Interior Factory in Michigan

Faurecia SA, Europe’s largest maker of car interiors, agreed to buy Ford Motor Co.’s car interior business in Saline, Michigan, for an undisclosed amount to increase its market share in the U.S.

Saline has $1.1 billion in annual sales from cockpit modules, instrument panels, door panels and center consoles for vehicles assembled at Ford plants, the Paris-based company said in an e-mailed statement.

The unit is owned by Ford’s Automotive Components Holdings unit and makes automotive interiors for vehicles such as the F150. Dearborn, Michigan-based Ford will become Faurecia’s third-largest customer after Volkswagen AG and PSA Peugeot Citroen, the company’s majority shareholder.

Faurecia said it will create a Detroit-based joint venture with Rush Group Ltd. Faurecia would own 45 percent of the company, which will make injection molding and assemble interior trim components, according to the statement. Some of Saline’s activities will be shifted to the venture, after which Saline will focus on injection molding, skin manufacturing and foam and have annual revenue of about $400 million.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.