PARIS – For French supplier Faurecia, the global auto industry is getting back to normal. The bottom line is positive again, major expansions are under way in China and North America, acquisitions are planned, and auto makers are returning to their former ways, demanding suppliers carry the cost of research and development until they begin to deliver their components. In 2010, “we negotiated with our customers” to get paid in advance for research and development in progress, says ...
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