UPDATE 2-Faurecia says Europe to weigh on profits

Newswire

* Faurecia to cut 3,000 European jobs in 2012-13 * Company expands overseas * Sees 55 pct of 2016 sales outside Europe (Adds spokesman comment, additional job cuts next year) By Gilles Guillaume and Laurence Frost PARIS, Nov 12 (Reuters) - French auto-parts maker Faurecia announced 3,000 European job cuts and lowered its medium-term earnings target, hit by a European auto market slump it said would erode sales in the region for ...

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