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AUTOMOTIVE
LISI AUTOMOTIVE’s ability to accompany
in the long term the strategy of its clients in
Europe and around the world, its financial
strength, its industrial excellence, its efforts
in research and innovation and, finally, its
uncompromising action to ensure the safety
and well-being of its employees. In early 2012,
LISI AUTOMOTIVE was designed as a major
provider of assembly solutions for the Peugeot
208. The division was also recognized as a
strategic supplier to Daimler, and its French
factories have been accredited by German
manufacturers and by GM in China. In terms
of product development, LISI AUTOMOTIVE
developed in 2011 a new generation of safety
components for parking brakes for the German
parts supplier Bosch. The division has also
substantially increased the volume of security
components delivered to its customer TRW
Automotive, whose activity has strongly
benefited from the growing worldwide,
particularly Asian, automobile markets in 2011.
Finally, LISI AUTOMOTIVE has developed new
specific security components for the assembly
of airbag systems.
Positive outlook for 2012
Despite the slowdown that hit the
world’s major economies, the automotive
markets show no signs of collapse for LISI
AUTOMOTIVE’s clients. However, the signals
received at the beginning of the period are
difficult to interpret, which reflects a general
lack of visibility regarding the forecasts that
manufacturers could give LISI AUTOMOTIVE to
help it establish its budget assumptions. The
performance of LISI AUTOMOTIVE depends
largely on the turnaround of our main German
plant, the expected effect of the combination
of the Bonneuil-sur-Marne and Puiseux sites,
as well as the early gains of the hardware plan.
All measures have been taken for these three
areas for improvement to deliver their full
effect quickly. Finally, LISI AUTOMOTIVE must
take advantage of its favorable competitive
positions to impose even more strongly to its
major customers the necessary price levels.