Faurecia and Dongfeng Motor Company launch comprehensive strategic cooperation


March 31, 2015, Nanterre, France/Shanghai, China – Famager, a leading global auto parts supplier, and Dongfeng Hongtai, an absolute holding subsidiary of Dongfeng Motor Corporation, one of the largest auto groups in China, signed With the comprehensive cooperation agreement, both parties will jointly establish a joint venture to serve Dongfeng and its passenger and commercial vehicle partners. After full deployment, the joint venture will cover all Foglia's business areas. The joint venture's goal for this joint venture company is to establish a medium-term annual sales of around 2 billion euros.

The joint venture company's registration will be completed before the end of May 2015, and its first-phase development plan will focus on the development, production and delivery of automotive interior and exterior systems. At present, the joint venture company has acquired the important business related to the production of the Shenlong Automobile Co., Ltd. in Chengdu, Sichuan Province.

In the near future, the cooperation between the two parties will be extended to include automotive seating and emission control technology systems. The joint venture company will also develop business in all regions where Dongfeng and its partners operate, and will establish a new R&D center in Wuhan to support the development, testing and inspection of the company's products and projects.

  


Faurecia and Dongfeng reached an agreement on corporate governance structure and day-to-day management, and Faurecia can consolidate its financial statements on the interior joint venture business. The external decoration business will use the equity method to consolidate statements at the initial stage.

"This cooperation agreement signed with Dongfeng is a major step for Faurecia's relationship with its customers in China. We will use the most advanced automotive technologies and expertise to support Dongfeng and its partners in building a strong automotive brand. Growth in China has been rapid, with sales doubling in the past three years and surpassing the growth rate in the Chinese automotive market, following which Folgaria established a partnership with Changan Automobile Group and a new partnership with Dongfeng Motor Corporation in 2013. It will continue to help Fogliah's business in China maintain stable and profitable growth, said Yan Desheng, Chairman and CEO of Foglia Group.

Faurecia has been operating in China for more than two decades and has been developing rapidly in the rapidly growing Chinese automotive industry. It has always regarded the Chinese market as a top priority. Currently, Foglia has 12,000 employees in China, including 800 engineers, and its operations cover all major automobile production regions in China. In 2014, Foglia's sales in China amounted to approximately 2.3 billion euros, a 20% increase from 2013, far exceeding the growth rate of local automobile production. Currently, Foglia operates 38 plants and 4 R&D centers in China and plans to expand its operations to 55 plants by 2018. Faurecia expects that its annual sales in the Chinese market will increase to more than double the current level by 2018 to more than 4 billion euros.

Dongfeng Motor Company was established in 1969. It is one of the three largest automotive groups in China. It has built production bases in Shiyan, Shenyang, Wuhan, Guangzhou, Zhengzhou, Liuzhou, Hangzhou, and Yancheng. Its main business includes a full range of commercial vehicles and transportation. Cars, auto parts, automotive equipment and automotive financial services. While developing its own brand, Dongfeng Motor Company also established in-depth cooperation with world-renowned car manufacturers, including Peugeot Citroen, Nissan, Honda, Renault, Kia, Yulon and others. In 2014, Dongfeng Motors sold 3.8 million vehicles and ranked second in the Chinese automotive industry.

The outer Spherical Ball Bearing is what we usually call the outer Spherical Bearing. The reason why it is called ball bearing is that it belongs to Deep Groove Ball Bearing, and the rolling element in it is steel ball.

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Deep groove ball bearing outer spherical ball bearing is convenient to use the main characteristics of simple for loading and unloading, self-aligning ball bearings, standard tolerances for internal and external diameter reduction, adding tolerances to ensure the shaft with the light; each set of ball bearings are not alone to use and he must match to bearing inside the whole machine, the outer spherical bearing are of various shapes so the overall fit for various structural position after use. The ball bearing of the outer sphere can be divided into three categories according to the way of matching with the axis.
Outer spherical ball bearing with top wire
Its code is: UC200 series (light series), UC300 series (heavy duty Series), and deformation products UB (SB) 200 series. If the environmental load is small, UC200 series should be selected generally, otherwise UC300 series should be selected. Generally, there are two top threads on the outer spherical ball bearing, the angle between them is 120 degrees. The characteristic is that when the shaft fits with the shaft, the top wire is applied to the shaft to play a fixed role, but the environmental requirements for its matching must have a small vibration range. This kind of spherical ball bearing is widely used in textile machinery, ceramic machinery and other manufacturing industries.
Spherical spherical ball bearing with taper
Its name is: UK200 series, UK300 series. The inner diameter of the outer spherical ball bearing is the taper hole with a ratio of 1:12. When used, it must be combined with the tight sleeve. The characteristics of this kind of outer spherical bearing are: it can bear more load than the outer ball bearing with top wire. Because the diameter matched with the locking set the same model than with the top wire outer spherical ball bearing small, such as with the top wire outer spherical ball bearing UC209 inner diameter is 45mm, and is matched with the diameter of the shaft is 45mm, and if if change into a tapered outer spherical ball bearing, can only choose 45mm diameter sleeve, and 45mm adapter sleeve with taper outer spherical ball bearing is UK210 (of course, if the load is higher then you can choose the UK310). As a result, the load on UK210 is much larger than that of UC209.
Spherical spherical ball bearing with eccentric sleeve
Its name is: UEL200 series, UEL300 series, SA200 series. The main characteristic of this kind of spherical ball bearing is that there is a certain eccentricity on the upper end of the bearing, and the eccentric sleeve with the same eccentricity is cooperated with it. These bearings can also be said to be a special bearing, because it is mainly in agricultural machinery (harvester, straw machine, threshing machine etc.) on the use of this kind of outer spherical ball bearing is mainly used to beat hard structure, combined with the eccentric structure can effectively reduce the dynamic jump violently.
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Double layer seal
The outer spherical ball bearings than other ordinary bearings is a double seal, because the outer spherical ball bearing the use of environmental conditions are harsh, especially agricultural bearing even more, and the double sealing to ensure the dust is not easy to enter the channel within the last two years, some companies developed the outer spherical bearing three lip seal the more greatly enhance dustproof ability, prolonging the service life of the bearing.
  
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Spherical Bearing

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