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Ficosa sets new record

Ficosa sets new record

Ficosa, a top-tier global provider devoted to the research, development, manufacturing and marketing of high-technology vision, safety, connectivity and efficiency systems for the automotive and mobility sectors, hits an all-time record in 2016, with €181.6 M in new contracts for rear-view mirrors with the main automobile manufacturers (OEMs) in the world. This figure is up 30 per cent from the deals signed in 2015. The total value of these new projects, that have an average length of 5 years, amounts to €1,000 M.

As a result, Ficosa will increase production to an all-time high of 27.3 million units in 2021. In this regard, five years from now the company will be producing 4.9 million more rear-view mirrors than today. In the words of Mercedes Pujol, Director of the Rear-view Systems Business Unit, “This great milestone is the result of a profound technological transformation in Ficosa and the important efforts we have made in terms of devoting resources to optimise our traditional product and develop new technologically innovative products in order to consolidate our position of leadership in the global market.”

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