Industry / France
Suppliers' Shares Fall, Despite Solid Long-Term Strategy
July 2011 | Industry Trend AnalysisA 15.5% year-on-year (y-o-y) increase in sales for Faurecia and an 11% increase by Valeo during H111 indicate that the French suppliers are finally benefiting from the ongoing recovery in global autos industry. However, BMI highlights the fact that the suppliers face significant short- and long-term challenges, which they will be looking to meet by investing in new technology and expanding their presence in emerging markets.
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