Carmakers no longer cutting forecasts-Faurecia CEO

Newswire

PARIS, April 1 (Reuters) - Carmakers have stopped cutting sales and output forecasts but the industry's recovery will be long and gradual, Yann Delabriere, the chief executive of parts supplier Faurecia, told newspaper Les Echos on Wednesday. Faurecia is majority-controlled by PSA Peugeot Citroen. (Reporting by Marcel Michelson; editing by John Stonestreet)

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