Faurecia shows strong growth

French car parts maker Faurecia posted strong growth in Asia and North and South American sales yesterday and said it would focus on expanding in those markets, sending its shares to a three-year high. Posting its first full-year net profit in four years, the maker of seats, exhausts and emissions control systems said 2010 total sales rose 48 per cent to €13.80bn (£11.7bn).