PARIS – France’s 310 automotive suppliers sold €20.8 billion ($25.4 billion) worth of parts and components to auto makers last year, up 4% on 2003. But the good times likely have come to an end. Higher raw-material prices and two new assembly plants in Eastern Europe owned by Renault SA and PSA Peugeot Citroen will cut into both profits and revenues, according to the French supplier association FIEV, which released final 2004 figures in late August. Renault Megane In the year’s ...
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