Forvia Investor Relations Material
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Q3 2024
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Supplying the Automotive Industry
FORVIA SE is a French automotive technology company The company specializes in a wide array of automotive technologies, focusing on electronics, clean mobility, lighting, interiors, seating, and lifecycle solutions. The company is headquartered in Nanterre, France, and its shares are listed on the Euronext Paris exchange.
The Merger Between Faurecia and HELLA
FORVIA was formed through the merger of Faurecia and HELLA, two major companies in the automotive technology sector. Faurecia, a well-known French automotive parts manufacturer, had a strong presence in various automotive components sectors, including seating, interior systems, and emission control technologies. On the other hand, HELLA, a German company, was renowned for its expertise in lighting and electronic components, focusing on solutions for lighting systems and vehicle electronics.
The Product Portfolio
The company's portfolio encompasses a wide array of automotive components and systems, integrating advanced technology and innovation to meet the evolving needs of the industry. Some examples of the product categories that FORVIA produces solutions and items for include seating, interior systems, emissions control, lighting, electronics, connectivity, and much more. It also offers a range of aftermarket products and services, including replacement parts, diagnostic tools, and services for vehicle maintenance and repair.
Supplying Half of The Worlds New Cars
FORVIA has established itself in a very convincing way following the merger. The company is well-integrated into the automotive sector as a whole and some of the companies which FORVIA supplies include major, global, players in the industry such as VW, Stellantis, Ford, and many others. One of the most eye-catching statistics about the company is that its products can be found in roughly half of all new cars produced worldwide. While it is not among the absolute largest companies in the world of its kind, FORVIA’s impact on the automotive industry as a whole is still major.