According to a Bloomberg report, Faurecia’s chairman and chief executive officer Yann Delabrière has confirmed the company is seeking to buy rival components suppliers to expand its customer base and cut costs. Delabrière was quoted as saying: “There is a need to consolidate the industry. We will play a role …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.