HAGENBACH, Germany – French supplier Faurecia SA plans to open four or five new plants in China over the next three to four years in support of new business from Volkswagen AG, Nissan Motor Co. Ltd. and PSA Peugeot Citroen. "We don't have a China strategy," Faurecia CEO Pierre Levi says in an interview following the dedication of a new technical center here. "We have a customer strategy. We follow our customers." Although China is considered by many to be the auto industry’s ...
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