PARIS – Faurecia will review all its business activities under 1 billion euros ($1.1 billion), finance chief Michel Favre said, as the supplier ramps up its divestment plan following its acquisition of German lighting supplier Hella.
PARIS – Faurecia will review all its business activities under 1 billion euros ($1.1 billion), finance chief Michel Favre said, as the supplier ramps up its divestment plan following its acquisition of German lighting supplier Hella.
The sweeping belt-tightening effort will involve hundreds of job cuts in the U.S. and factory consolidation in Mexico.