PARIS, April 23 French auto parts maker Faurecia
<EPED.PA said first-quarter sales rose 1.7 percent as
acquisitions helped offset the impact of the European auto
Revenue rose to 4.37 billion euros ($5.69 billion) in the
first three months of 2013 from 4.3 billion a year earlier, the
company said in an emailed statement on Tuesday.
Faurecia, 57 percent-owned by PSA Peugeot Citroen,
said global revenue increased despite an 8.6 percent drop in
European product sales, "mainly impacted by the European
The company, based in the Paris suburb of Nanterre, is
pushing an expansion in North America, Asia and emerging markets
such as Russia to compensate for the European slump.
Plant acquisitions - including Ford's Saline, Michigan
interior parts factory purchased by Faurecia last year - added
more than 150 million euros to the quarterly sales total.
($1 = 0.7674 euros)
(Reporting by Laurence Frost; Editing by Christian Plumb)