Faurecia Sees AVs, High Tech Steadily Boosting Sales

PARIS, May 15 (Reuters) - French car parts group Faurecia outlined plans on Tuesday to increase its sales via growth in areas such as autonomous driving, and new high-tech vehicles. Faurecia, 46-percent owned by Peugeot-maker PSA, said it was targeting sales growth of more than 7 percent per year to reach 20 billion euros ($23.8 billion) by 2020, compared with the company's 2017 turnover of 16.96 billion euros. The company's 2020 financial targets also include an operating margin ...


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