UPDATE 1-Faurecia banks on Asia to boost sales


* Eyes 20 bln euros in sales by 2015, up 25 pct vs est. 2011 * Still expects 5-6 percent operating margin by 2014 * Eyes net debt to EBITDA ratio below 0.5 by 2014 PARIS, Nov 7 (Reuters) - French car parts maker Faurecia on Monday predicted that strong demand in China and Korea and solid growth prospects in North America would boost its sales by 25 percent by 2015. Faurecia, which is 57.4 percent owned by PSA Peugeot Citroen , also confirmed its goals under a 2010-2014 plan, which ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Faurecia banks on Asia to boost sales" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.
WardsAuto Blogs
Aug 21, 2014

Michigan, Great Lakes Region Still Core of North American Production

The Great Lakes Region is well-positioned to remain a North American production hub for years, perhaps well into the next decade....More
Aug 19, 2014

Dodge Undergoes Brand ‘Purification’

The brand moves from overall mainstream to so-called mainstream-performance....More
Aug 15, 2014

Is Your Classic Car Worthy of Historical Register?

“If we had a local fruit truck from Birmingham here or local delivery truck that is still around, a local firetruck, that’s every bit as important as the Washington Monument on the national level. It’s all part of our heritage, and heritage starts local," Mark Gessler says....More

Sponsored Introduction Continue on to (or wait seconds) ×