PARIS – Rumors PSA Peugeot Citroen plans to sell its majority stake in auto-supplier Faurecia have gained credibility since CM-CIC Securities’ recent announcement that it probably will happen. Faurecia supplies systems and components in four areas: seating, emission control, interiors and exteriors. The French stock market is reacting positively, with prices rising for both Faurecia and PSA, up 5% Monday. Investors believe the French auto maker would be better off with the ...
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