The group now forecasts full-year sales to land between 24.5 billion and 25.5 billion euros ($23.9 and $24.9 billion), based on estimates that worldwide car production would recover to around 77 million light vehicles in 2022.

It had previously forecast annual sales of 23 billion euros to 24 billion euros.

Faurecia, which sealed its takeover of German automotive lighting group Hella in January, now equips cars under the name of Forvia and is set to become the seventh-largest auto supplier in the world.

The combined entity sells seats, dashboards and fuel systems to carmakers which, after over two years of disruptions from the pandemic, are facing fresh supply jags due to Chinese lockdowns and Russia's invasion of Ukraine.

"During the quarter, we outperformed in all our main geographies: in Europe, where semiconductor availability has marginally improved, but also in North America and in China, which has posted a strong recovery after COVID-related lockdowns in key cities," Faurecia Chief Executive Officer Patrick Koller said in an earnings statement.

Group sales were up 92.4% on a reported basis to 6.59 billion euros in the third quarter, including a quarterly scope effect of 1.84 billion or 53.6% of last year's sales related to the consolidation of Hella.

Faurecia, which seeks to reduce debt after the Hella acquisition, said in July it expected its disposal programme to be closed by the end of next year.

($1 = 1.0240 euros)

(This story has been corrected to change designation in paragraph 6 to CEO)

(Reporting by Juliette Portala; Editing by Stephen Coates)

(Corrects designation in paragraph 6 to CEO)