Nanterre, France - Automotive parts supplier Faurecia has lost its contract to produce seats for the Toyota Yaris at its Sieto subsidiary in Somain, northern France, the company said 10 July.
The Sieto subsidiary is an automotive seating assembly facility entirely dedicated to Toyota and to the seats of its Yaris model. The new contract will be taken over by the Toyota subsidiary, Toyota Boshoku Corp., along with all 241 employees.
The workforce will be employed under the same conditions as those currently in force when the transfer to Toyota Boshoku comes into effect 20 Jan 2010.
Sieto has informed all of its employees and employee representatives of the general principles and timing of the transfer.