STERLING HEIGHTS, MI – Much of the auto interiors sector in North America is in shambles, with Collins & Aikman Corp. and Delphi Corp. in bankruptcy and Lear Corp. and Visteon Corp. disposing of assets.
So it is with great caution that France’s Faurecia SA, the second largest supplier in Europe (behind Robert Bosch GmbH), proceeds with a risky strategy to grow its auto interiors business in North America.
A year ago, Faurecia announced plans to build six new plants ...
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