June 26, 2020 / 9:12 AM / 17 days ago

Faurecia sees sharp drop in Q2 sales in Europe and North America-CFO

PARIS, June 26 (Reuters) - French car parts maker Faurecia expects its sales to fall 65% to 70% in the second quarter in Europe and North America, due to the coronavirus crisis, Chief Financial Officer Michel Favre told its annual shareholders meeting on Friday.

Global car sales have slumped as measures to contain the pandemic forced production lines to shut and showrooms to close.

Reporting by Gilles Guillaune, Dominique Vidalon; editing by David Evans

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