Faurecia to buy car navigation unit Clarion from Hitachi for $710m

Faurecia to buy car navigation unit Clarion from Hitachi for $710m

Photo: Reuters

French car parts maker Faurecia SA is set to buy a majority stake in Japanese car navigation system maker Clarion Co from Hitachi Ltd for around 80 billion yen ($710 million), the Nikkei reported on Thursday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter