| Faurecia SE | |
| Type: | Public (Societas Europaea) |
| Traded As: | CAC Next 20 Component |
| Area Served: | International |
| Key People: | Patrick Koller, CEO |
| Industry: | Automotive |
| 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) |
| Num Employees: | 157,460 (2022) |
| Subsid: | Clarion |
| Foundation: | 1997 |
| Location City: | Nanterre |
| Location Country: | France |
| Locations: | 35 countries |
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]
Faurecia was formed in 1998 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).