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Group Renault Faurecia PRESS RELEASE Groupe Renault extends the lifespan of electronic parts with Faurecia • Groupe Renault launches a partnership with Faurecia on multi-brand electronics repair in Europe. • This new solution for the repair of electronic parts concerns the in- vehicle infotainment systems, engine ECUs, dashboards, screens and electronic control units. • This partnership contributes to the Groupe Renault's and Faurecia’s commitment to carbon neutrality. Boulogne-Billancourt, December 4, 2020 - Groupe Renault and Faurecia Clarion Electronics, Faurecia Group's onboard electronics business, launch a partnership for multi- brand electronic repairs. Through this partnership, Renault will be able to provide its garage and repair partners with access to the repair of more than 1,000 products on 23 vehicle brands, including the entire electronics repair catalog of the business specializing in onboard electronics. Customers will thus be able to have a very competitive alternative choice compared to equivalent new parts. Each product entrusted by Renault to Faurecia Clarion Electronics will be diagnosed, repaired and finally checked before being returned to the garage within three to five days on average. This activity is fully in line with the circular economy as it considerably reduces the use of resources and energy by extending the life of original equipment. "In addition to our remanufacturing and repair activities, which will be developed within the Re-Factory in Flins, we wanted to integrate a multi-brand electronic parts repair offer in Europe into our networks, in order to meet the needs of our customers looking for an economic and responsible offer. The development of the sale of services and spare parts from the circular economy is key to preserving resources and reducing the environmental footprint. It is an important part of the Groupe Renault's commitment to carbon neutrality." says Xavier Kaufman, Director of Parts and Accessories Program of Groupe Renault. "We are very pleased to be able to contribute both to strengthening Groupe Renault’s circular economy strategy and to Faurecia's carbon neutrality program. Our solutions offer a competitive and secure alternative for vehicle owners who also contribute to reducing the environmental impact of their products." says Jean-François Zebo, Director of the Repair business at Faurecia Clarion Electronics. Already launched in France, the catalog of repair services offered will be gradually extended in Europe during 2021. Groupe Renault, forerunner of the circular economy Pioneer of the circular economy, Groupe Renault was the first carmaker to develop a complete industrial ecosystem around the vehicle life cycle to reduce the environmental footprint of its activities. For more information: Re-Factory in Flins Groupe Renault Aftersales is part of this approach and offers a range of reused and refurbished parts to extend the life of vehicles on the road. Expertise of Faurecia Clarion Electronics Faurecia Clarion Electronics, one of Faurecia Group's four businesses, is recognized for its expertise in the design and production of onboard electronic systems and multi-brand electronic repair. The services offered by Faurecia Clarion Electronics are IATF 16949- certified, guaranteeing adherence to and compliance with the highest standards in the automotive industry. ABOUT GROUPE RENAULT Groupe Renault has manufactured cars since 1898. Today it is an international multi-brand group, selling close to 3.8 million vehicles in 134 countries in 2019, with 40 manufacturing sites, 12,700 points of sales and employing more than 180,000 people. To address the major technological challenges of the future, while continuing to pursue its profitable growth strategy, Groupe Renault is focusing on international expansion. To this end, it is drawing on the synergies of its five brands (Renault, Dacia, Renault Samsung Motors, Alpine and LADA), electric vehicles, and its unique alliance with Nissan and Mitsubishi Motors. With a 100% Renault owned team committed to the Formula 1 World Championship since 2016, the brand is involved in motorsports, a real vector for innovation and awareness. ABOUT FAURECIA CLARION ELECTRONICS Faurecia Clarion Electronics is the most recent business created by Faurecia Group, a leading technology company in the automotive industry. Created in 2019 and based in Japan, Faurecia Clarion Electronics brings together the software and electronics skills of Clarion, Parrot Automotive and Coagent Electronics, as well as other acquisitions such as CovaTech and Creo Dynamics. Combining a complementary technology offering with an international industrial presence and the Group's diversified customer portfolio, Faurecia Clarion Electronics strengthens Faurecia's position as a leading partner in cockpit electronics systems integration and advanced driver assistance systems. POUR PLUS D’INFORMATIONS, VEUILLEZ CONTACTER : Rie Yamane [email protected] Attachée de presse Groupe Renault +33 6 03 16 35 20 Eric Fohlen-Weill [email protected] Directeur communication corporate Faurecia + 33 6 81 07 91 02 .
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