Company type | Public (Societas Europaea) |
---|---|
Euronext Paris: EO
CAC Next 20 Component | |
ISIN | FR0000121147 |
Industry | Automotive |
Founded | 1997 |
Headquarters | , |
Number of locations | 35 countries |
Area served | International |
Key people | Patrick Koller, 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) |
€1,11 billion (2022) | |
€-381,8 million (2022) | |
Owners |
|
Number of employees | 157,460 (2022) |
Subsidiaries | Clarion |
Website | www.faurecia.com |
Faurecia SE (now FORVIA) 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 Faurecia.[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).
Faurecia'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. Faurecia 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. Faurecia joined the United Nations Global Compact in 2004.
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 2023, the company merged with German auto parts manufacturer Hella, the merged business being named Forvia.
In April 2024, L&T Technology Services partnered with Forvia Forge at €45 million deal.[3]