Faurecia and Liuzhou Wuling Automobile set up joint automotive seat manufacturing company in China

Faurecia S.A. announced on July 3, 2017, an establishment of Faurecia Liuzhou Automotive Seating Co., Ltd., a joint company with Liuzhou Wuling Automobile Industry Co.,Ltd.. The new company is capitalized at Chinese yuan (CNY) 150 million, owned 50% or CNY 75 million by Faurecia and another 50% or CNY 75 million by L....

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