# Forvia

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French automotive components supplier

Forvia SE Formerly Faurecia SE (until 2023) Type Public (Societas Europaea) Traded as Euronext Paris: EO CAC Mid 60 ISIN FR0000121147 Industry Automotive Headquarters France Area served International Key people Martin Fischer, CEO Products Automotive seating, interiors and emissions control technologies Services Design 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 Revenue €25,46 billion (2022) Operating income €1,11 billion (2022) Net income €-381,8 million (2022) Owners Franklin Resources (8.99%) Exor (5.05%) Peugeot Invest (3.10%) Bpifrance (2.16%) Dongfeng Motor Hong Kong International (1.97%) BlackRock (3.83%) Number of employees 157,460 (2022)

**Forvia SE** (stylized in all-uppercase), formerly **Faurecia SE**, is a French global automotive supplier headquartered in [Nanterre](/source/Nanterre), in the western suburbs of [Paris](/source/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](/source/Volkswagen_Group), [Stellantis](/source/Stellantis), [Renault–Nissan–Mitsubishi](/source/Renault%E2%80%93Nissan%E2%80%93Mitsubishi_Alliance), [Ford](/source/Ford_Motor_Company), [General Motors](/source/General_Motors), [BMW](/source/BMW), [Daimler](/source/Daimler_AG), [Toyota](/source/Toyota), [Tesla, Inc.](/source/Tesla%2C_Inc.), [Hyundai-Kia](/source/Hyundai-Kia), [Jaguar Land Rover](/source/Jaguar_Land_Rover) and [BYD](/source/BYD_Auto) 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](/source/Just_in_time_(business)) principle. Forvia (as Faurecia) joined the [United Nations Global Compact](/source/United_Nations_Global_Compact) in 2004.

## History

The company was at the core of a bribery scandal in 2006 which led to the resignation and legal conviction of its then CEO Pierre Lévi.[2]

In 2022, the company merged with German auto parts manufacturer [Hella](/source/Hella_(company)), the merged business being named Forvia.

In April 2024, [L&T Technology Services](/source/L%26T_Technology_Services) partnered with Forvia Forge at €45 million deal.[3]

## Origins

Faurecia was formed in 1997 by two automotive component suppliers, Bertrand Faure and ECIA.[4]

It designs and manufactures seats, exhaust systems, interior systems (dashboards, centre consoles, door panels, acoustic modules) and decorative aspects of a vehicle (aluminium, wood).

## References

1. **[^](#cite_ref-1)** ["Group - Forvia"](https://www.forvia.com/who-we-are/group-profile). *www.faurecia.com*. Retrieved 2019-06-27.

1. **[^](#cite_ref-2)** Kanter, James; Dougherty, Carter (2006-08-02). ["Scandal widens in European car sector - Business - International Herald Tribune"](https://www.nytimes.com/2006/08/02/business/worldbusiness/02iht-parts.2369682.html). *The New York Times*. [ISSN](/source/ISSN_(identifier)) [0362-4331](https://search.worldcat.org/issn/0362-4331). Retrieved 2019-12-11.

1. **[^](#cite_ref-3)** ["L&T Technology Services and FORVIA Forge €45 Million Alliance to Accelerate Clean Mobility Engineering"](https://www.brutimes.com/news/business/lt-technology-services-and-forvia-forge-eur45-million-alliance-to-accelerate-clean-mobility-engineering). *Bru Times News*.

1. **[^](#cite_ref-4)** ["History of Faurecia S.A. – FundingUniverse"](http://www.fundinguniverse.com/company-histories/faurecia-s-a-history/). *www.fundinguniverse.com*. Retrieved 2019-02-11.

## External links

- [Official website](https://www.forvia.com/en)

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Adapted from the Wikipedia article [Forvia](https://en.wikipedia.org/wiki/Forvia) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Forvia?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.