February 17, 2020 / 10:30 AM / 6 months ago

Car parts group Faurecia hopes to re-open 7 sites in China this Friday

PARIS, Feb 17 (Reuters) - French car parts company Faurecia hopes to re-open seven sites in China this Friday, Chief Executive Patrick Koller told reporters.

Earlier on Monday, Faurecia posted higher annual profit for 2019, although Faurecia added that 2020 would be a challenging year for the industry and its financial guidance did not factor in any hits to the global automotive supply chain from the coronavirus afflicting China. (Reporting by Gilles Guillaume; editing by David Evans)

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