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Forvia

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Forvia SE
FormerlyFaurecia SE (until 2023)
TypePublic (Societas Europaea)
Euronext Paris: FRVIA
CAC Mid 60
ISINFR0000121147 Edit this on Wikidata
IndustryAutomotive
Founded1997
Headquarters
Nanterre
,
France
Number of locations
35 countries
Area served
International
Key peopleMartin Fischer, CEO
ProductsAutomotive seating, interiors and emissions control technologies
ServicesDesign and manufacture of automotive sub-systems for the Volkswagen Group, Stellantis, the Renault–Nissan–Mitsubishi Alliance, Ford, General Motors, BMW, Daimler, Toyota, Hyundai-Kia, BYD and other automotive OEMs
RevenueIncrease €25,46 billion (2022)
Increase €1,11 billion (2022)
Decrease €-381,8 million (2022)
Owners
Number of employees
157,460 (2022)
Subsidiaries
Websitewww.forvia.com

Forvia SE (stylized in all-uppercase), formerly Faurecia SE, is a French global automotive supplier headquartered in Nanterre, in the western suburbs of Paris. In 2022 it was the 7th largest international automotive parts manufacturer in the world and #1 for vehicle interiors and emission control technology. One in two automobiles is equipped by Forvia.[1] It designs and manufactures seats, exhaust systems, interior systems (dashboards, centre consoles, door panels, acoustic modules) and decorative aspects of a vehicle (aluminium, wood).

Forvia's customers include the Volkswagen Group, Stellantis, Renault–Nissan–Mitsubishi, Ford, General Motors, BMW, Daimler, Toyota, Tesla, Inc., Hyundai-Kia, Jaguar Land Rover and BYD among others. More than 20% of the 2024 turnover were generated in China.

Forvia employs 8,300 engineers and technicians. The company operates over 300 production sites and 35 R&D centres in 37 countries worldwide, with 403 patents filed in 2017. About half of these sites are manufacturing plants operating on the just-in-time principle. Forvia (as Faurecia) joined the United Nations Global Compact in 2004.

History

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Faurecia was formed in 1998 after ECIA acquired Bertrand Faure. The two companies formally merged in June 1999, with PSA Peugeot Citroën as the majority shareholder.[2] The purchase of Sommer Allibert's automotive business in 2001 added to Faurecia's vehicle interiors operations.[3]

Chief executive Pierre Lévi resigned in August 2006 amid a bribery investigation.[4] In June 2007, a German court gave him a one-year suspended prison sentence in connection with the case.[5]

In February 2010, Faurecia acquired the US exhaust systems supplier Emcon Technologies.[6] It sold its Automotive Exteriors business to Plastic Omnium in July 2016 for an enterprise value of €665 million.[7] In March 2019, it completed the purchase of the Japanese automotive electronics manufacturer Clarion, which became part of its new Faurecia Clarion Electronics division.[8]

In March 2021, Stellantis passed its stake in Faurecia to its shareholders. The holding had previously belonged to PSA Peugeot Citroën.[9]

On 31 January 2022, Faurecia acquired a controlling stake in the German automotive supplier Hella. The two companies adopted Forvia as their shared group name the following month but remained separate legal entities.[10] Faurecia SE changed its name to Forvia SE in May 2023.[11]

In May 2024, Forvia signed a five-year agreement worth approximately €45 million with L&T Technology Services for engineering work in its Clean Mobility division. Around 300 engineers at Forvia's sites in Augsburg, Germany, and Bengaluru, India, transferred to L&T Technology Services under the agreement.[12]

Operations

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Forvia makes automotive seats, exhaust-treatment systems, lighting and electronics. Hella also supplies spare parts and equipment for vehicle workshops. In April 2026, Forvia agreed to sell its Interiors business to Apollo-managed funds.[13]

The group reported 246 industrial sites and 73 research and development centres in 40 countries in 2025. Europe, the Middle East and Africa generated 48% of sales; the Americas and Asia each accounted for 26%.[14]

In France, Forvia develops seats at Brières-les-Scellés and hydrogen-storage systems at Bavans.[15] The hydrogen systems are manufactured at nearby Allenjoie.[16] Seating engineers also work at the group's North American headquarters in Auburn Hills, Michigan.[17] In India, engineering teams support the seating, interiors, emissions-control, electronics and lighting businesses.[18]

In Mexico, Clarion has a factory and development centre in San Juan del Río that produces displays, radios and reversing cameras.[19] Forvia's Nýřany factory, near Plzeň in the Czech Republic, assembles complete seats for BMW, Volkswagen and Mercedes-Benz plants in Germany.[20] Its Moroccan factories include sites in Kénitra and Salé. The Salé plant opened in 2024 and makes fabric and leather seat covers.[21]

Hella has lighting and electronics research laboratories in Lippstadt, Germany, and an innovation centre in Shanghai.[22] Its Chinese factories include Shanghai Electronics and Jiaxing Lighting, which it describes respectively as its largest electronics plant worldwide and largest lighting plant in Asia.[23] Hella also develops and manufactures lighting and electronic systems in Mexico.[24]

In the Czech Republic, Hella develops automotive lighting systems in Mohelnice and Ostrava. The Mohelnice team is responsible for rear-lamp electronics development worldwide and also designs and builds assembly lines for other Hella factories.[25]

References

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  1. ↑ "Group - Forvia". www.faurecia.com. Retrieved 2019-06-27.
  2. ↑ 2010 Registration Document (PDF) (Report). Faurecia. 2011. Retrieved 19 October 2026.
  3. ↑ "History of Faurecia S.A." FundingUniverse. Retrieved 19 October 2026.
  4. ↑ "Faurecia: démission du PDG Pierre Lévi sur fond d'affaire de corruption". Webmanagercenter (in French). Agence France-Presse. 2 August 2006. Retrieved 19 October 2026.
  5. ↑ "L'ex-PDG de Faurecia condamné à un an avec sursis pour corruption". Le Monde (in French). 5 June 2007. Retrieved 19 October 2026.
  6. ↑ "Faurecia net income rises 84% to reach €371 million". GlobeNewswire (Press release). Faurecia. 8 February 2012. Retrieved 19 October 2026.
  7. ↑ 2016 Registration Document (PDF) (Report). PSA Group. 2017. Retrieved 19 October 2026.
  8. ↑ "Faurecia: Resilient sales with outperformance at constant currencies of 58bps". GlobeNewswire (Press release). Faurecia. 23 April 2019. Retrieved 19 October 2026.
  9. ↑ 2021 Semi-Annual Report (Report). Stellantis. 2021. Retrieved 19 October 2026.
  10. ↑ "Faurecia and HELLA announce the name of the world's seventh largest automotive supplier: FORVIA" (Press release). Hella. 7 February 2022. Retrieved 19 October 2026.
  11. ↑ "Faurecia's shareholders approve change of company name from Faurecia SE to FORVIA SE". MarkLines. Retrieved 19 October 2026.
  12. ↑ "LTTS wins $48 million deal with European auto parts supplier Forvia". The Economic Times. 2 May 2024. Retrieved 19 October 2026.
  13. ↑ "H1 2026 results: Margin expansion and strong net cash flow, delivering on the IGNITE strategic roadmap, full-year guidance confirmed". GlobeNewswire. Forvia. 31 July 2026. Retrieved 19 October 2026.
  14. ↑ 2025 Universal Registration Document (PDF) (Report). Forvia. 2026. pp. 8, 20. Retrieved 19 October 2026.
  15. ↑ Diemer, Marie (11 October 2011). "Faurecia ouvre son nouveau TechCenter". Le Journal de l'Automobile (in French). Retrieved 19 October 2026.
  16. ↑ "About us". Faurecia Hydrogen Solutions. Retrieved 19 October 2026.
  17. ↑ "Careers at Forvia". Forvia. Retrieved 19 October 2026.
  18. ↑ "FORVIA strengthens its industrial and business footprint in India, a key growth market". PublicNow. Forvia. Retrieved 19 October 2026.
  19. ↑ Luna, David (9 February 2024). "Digitalización automotriz, el futuro de las cabinas de automóviles". Mexico Industry (in Spanish). Retrieved 19 October 2026.
  20. ↑ "Faurecia Seating FAS Plzeň". Forvia Faurecia Česká republika (in Czech). Retrieved 19 October 2026.
  21. ↑ "Opening of new Forvia plant in Sale enhances Morocco's booming automotive industry". Hespress English. Retrieved 19 October 2026.
  22. ↑ Annual Report 2025 (PDF) (Report). Hella. 2026. p. 33. Retrieved 19 October 2026.
  23. ↑ "FORVIA HELLA China". Hella. Retrieved 19 October 2026.
  24. ↑ "FORVIA HELLA en México" (in Spanish). Hella. Retrieved 19 October 2026.
  25. ↑ "What it looks like here". Forvia Hella. Retrieved 19 October 2026.
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