Faurecia establishes seating joint venture with BAIC in China

Faurecia completed the acquisition of 50% of a joint venture from DAS Corporation, establishing a 50-50 joint venture with BAIC called Beijing BAI DAS Automotive System Co., Ltd., which is the main seating supplier for BAIC Hyundai.

“The joint venture marks an important milestone for Faurecia Seating, strengthening its presence in China and especially with BAIC and Hyundai-Kia.”forvia.com

• 2 sources
• forvia.comFaurecia officially launches its new Seating joint venture with BAIC in China | FORVIAJan 28, 2021
• autotechinsight.spglobal.comFaurecia launches new seating JV with BAIC in mainland China - Automotive Technology Insight | Forecasts | Industry News | Supply ChainJan 29, 2021

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