Faurecia Cashes in on New North America Work

Sales of Faurecia emissions controls, tested in Columbus, OH, up 20.7% in 2011.

PARIS – The buoyant North American market and increasing demands for improved emissions controls helped push Faurecia, the parts subsidiary of PSA Peugeot Citroen, to record growth and profits in 2011.

Group sales were up 17.4% to E16.2 billion ($21.5 million) and operating profits rose 43% to E651 million ($865 ...

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