Automotive supplier Forvia is closing its metals unit near Detroit and laying off 268 employees, according to a WARN notice to the state. The cuts in Highland Park are expected to be complete by Jan.

FORVIA MAKES FURTHER PROGRESS IN THE EXECUTION OF ITS SECOND €1BN ASSET DISPOSAL PROGRAM WITH AN AGREEMENT TO SELL HUG ENGINEERING Following FORVIA HELLA’s announcement, on April 2, of the closing of ...

French suppliers Forvia and Valeo posted declines in China revenue last year as their traditional customers lost ground to local rivals amid the market’s fast pivot to electrified vehicles. Forvia ...

Forvia aims to reduce net debt through asset sales Brokerage TP ICAP Midcap values interiors unit at 3.5 billion euros No timeline provided for new sale processes Nov 28 (Reuters) - Forvia (FRVIA.PA), ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Forvia is planning to close its seating plant in Highland ...

BYD Company (BYDDF) has secured a new partnership with auto parts supplier Forvia (FURCF) as it moves forward with its second European factory deal. The leading Chinese EV producer is working hard to ...

Forvia, France’s first and the world’s seventh-largest automotive technology supplier, held the opening ceremony of Faurecia (Shanghai) Hydrogen Solutions Holding Co., Ltd. in Jiading District, ...

Forvia to sell its interiors business to Apollo Funds for $2.1 billion Forvia will sell its car interiors business to Apollo Funds for 1.82 billion euros ($2.13 billion) to cut its debt pile, the ...

Since the merger of Faurecia and Hella in 2022 created the worlds seventh-largest automotive supplier by revenue, Forvia has made divestments one of its priorities. Forvia is looking to sell part of ...

Automotive supplier Forvia is planning to close its seating plant in Highland Park, Mich., and lay off 511 employees in the latest round of job cuts. The company expects the permanent layoffs to be ...