PSA Peugeot Citroen affiliate Faurecia plans to set up a research and development center in Shanghai and make it into its headquarters in China, sources reported.
China Industry Daily News sources said the centre will mainly deal with the development of auto seats, trim and exteriors and will be completed by 2012.
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So far Faurecia has 25 plants and four R&D centres in China.
Faurecia extends Changchun Xuyang Group co-operation