* 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!
Current subscribers, please login or CLICK for support information.