TACO Faurecia Design Center
| Company type | Private (joint venture) |
|---|---|
| Industry | Automotive engineering design |
| Founded | 2004 |
| Founder | Tata AutoComp Systems Limited and Faurecia |
| Defunct | 2009 |
| Fate | Acquired by Faurecia |
Area served | Automotive manufacturers worldwide |
| Products | Automotive component design solutions (seating assemblies, dashboards, vehicle doors, bumpers) |
| Parent | Faurecia (since 2009) |
TACO Faurecia Design Center Pvt. Ltd. (TFDC) was an Indo-French engineering design firm created as an equal partnership between India's Tata AutoComp Systems Limited (TACO) and France's Faurecia. This company specialized in delivering automotive component design solutions exclusively for Faurecia.
The scope of TFDC's work encompassed the design and development of seating assemblies, dashboards, vehicle doors, bumpers, along with various other parts intended for Faurecia’s clientele. These clients included prominent automotive manufacturers such as BMW, Mercedes-Benz, Ford Motor Company, General Motors, Peugeot Citroën, Renault Nissan, Toyota, Volkswagen Group, Chrysler, and the Hyundai-Kia alliance.
Acquisition by Faurecia
On 1 December 2009, Faurecia purchased Tata's 50% ownership stake in TFDC, thereby converting it into a fully owned subsidiary. This transaction was followed by a roughly 4.5% increase in Faurecia’s share price on the Euronext Paris stock exchange.
Tata AutoComp Systems Limited (TACO)
A part of the Tata Group, TACO provides a wide array of automotive components and services to vehicle manufacturers worldwide. Its operations include 24 production facilities, five engineering centers, and three export-oriented units, reflecting its rapid growth as a Tier I supplier within the automotive industry supply chain.
Faurecia Industrie, France
Ranked as the second-largest automotive supplier in Europe and ninth globally, Faurecia focuses on the design, manufacturing, and assembly of automotive modules. It holds the top position in Europe and second place worldwide for cockpit and door systems. With a workforce of 60,000 employees distributed across 190 manufacturing plants and 28 research and development centers in 29 countries, Faurecia serves leading OEMs such as BMW, DaimlerChrysler, Ford, GM, Peugeot, Renault, Toyota, and Volkswagen. Its principal product lines include seats, cockpits, doors, exhaust systems, acoustic solutions, and front-end modules.