July 3, 2017 / 2:42 PM / 5 months ago

BRIEF-Faurecia signs JV with Wuling Industry in China

July 3 (Reuters) - FAURECIA:

* FAURECIA SIGNS A JOINT VENTURE WITH WULING INDUSTRY FOR AUTOMOTIVE SEATING

* NEW JOINT-VENTURE WITH LIUZHOU WULING INDUSTRY CO.LTD, NAMED FAURECIA LIUZHOU AUTOMOTIVE SEATING CO. LTD.

* JV WILL DEVELOP, MANUFACTURE AND DELIVER AUTOMOTIVE SEATING PRODUCTS TO SERVE SGMW AFFILIATED OEM BRANDS AND OTHER CUSTOMERS.

* JV ANNUAL SALES WILL REACH 1.8 BILLION RBM BY 2022 SOURCE TEXT: bit.ly/2syRoro FURTHER COMPANY COVERAGE: (Gdynia Newsroom:)

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