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.
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.
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