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Industry: Email Alert RSS FeedFaurecia's Chrysler deal puts pressure on Lear, JCI.(News)(Johnson Controls Inc.)(Brief Article)
Automotive News Europe, July, 2003 by Miel, Rhoda
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Byline: Rhoda Miel
A big new contract with Daimler-Chrysler's Chrysler group shows that Faurecia is ready to challenge North America's giant interior specialists in their home market.
The deal announced July 8 should boost Faurecia's North Amer-ican business to $1.8 billion (E1.6 billion) by 2006. The French supplier said it would supply car seats and seat frames, dashboards, door panels and exhaust systems to Chrysler.
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"Chrysler has been somewhat dissatisfied with some of the more traditional suppliers here," said Scott Upham, senior director of forecasting for ...
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