Faurecia and NHK Spring plan to open joint units in China and the US to supply Nissan Motor with seats.
Dow Jones noted that, in 2011, FNK, the Faurecia-NHK joint venture, reported sales exceeding EUR600m while the EUR1bn mark is expected to be reached in 2015.
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The success of FNK has enabled both partners to significantly develop their sales to Nissan globally with seat assembly lines in Japan, China, Thailand, Spain, the US and South America.
