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Faurecia to set up new joint venture with Changan Automobile Group
Faurecia S.A. and Changan Automobile Group signed an agreement for the establishment of a new 50/50 joint-venture, CSM Faurecia Automotive Systems Company Ltd (CFAS). The new joint-venture has a total planned investment in excess of 35 million euros (CNY 293 million). The CFAS joint-venture will focus on the developm....
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