World’s Seventh-Largest Supplier Is Ready for the Future

Q: How has FORVIA Group grown following the merger of Faurecia and HELLA?

A: In February 2022, Faurecia and HELLA announced the creation of the FORVIA Group, becoming the seventh-largest automotive supplier in the world. FORVIA Group’s strategy is based on safety, sustainability, advanced solutions, and personalized experience.

FORVIA Group has six business groups with 24 product lines, about 150,000 employees worldwide, 77 R&D centers and over 300 sites in more than 40 countries. HELLA already had an important base in Mexico and now we have a solid group with 30 sites, including manufacturing plants, R&D centers, and corporate offices, having around 20,000 employees in the country.

Q: How is FORVIA Group working to lead the way as a “mobility for the future” supplier?

A: FORVIA Group’s goal is to continue pioneering technology for mobility experiences. The organization focuses on sustainable mobility due to our important commitment to the environment. We work for the mobility of the future within the context of growing demand. FORVIA Group anticipates stricter environmental regulations and growth in demand for electrified vehicles (EVs). We provide solutions for EVs across the entire world, in addition to innovative solutions for fuel-cell EVs (FCEVs).

Q: What is the added value of the combined capabilities of Faurecia and HELLA?

A: Before the merger, Faurecia had four business groups and worked on the Cockpit of the Future and Sustainable Mobility. With the incorporation of HELLA, we fully entered the electronic segment, adding greater diversity to our product portfolio and a lighting business, which is new for the Group. The merger enables us to provide comprehensive solutions for the internal engineering of vehicles, with all the technology, safety, and comfort that today’s vehicles require. HELLA also added a strong position in the aftermarket and spare parts business to FORVIA Group.

Q: How does FORVIA Group collaborate with other companies to add complementary technologies to its portfolio?

A: FORVIA Group has joint ventures with companies that work with complementary technologies. The goal is to stay at the forefront and continue offering state-of-the-art solutions to our clients. FORVIA Group also works closely with startups, collaborating directly and indirectly with them to bring new complementary technologies that can be integrated into our products.

Q: What role will the new facilities in Monterrey play within FORVIA Group’s strategy in Mexico?

A: FORVIA Group has a large project in Monterrey. Earlier this year, we announced the construction of two plants, which will be focused on the seating and interiors production. These will be our first plants in Nuevo Leon, which is a strategic location. FORVIA Group aims to bring its operations closer to customers in the Southeast US. The new facilities will continue to promote R&D, prioritizing quality in both service and product.

The two plants in Monterrey have a significant progress talking about construction. Given their size, they will undergo a significant ramp-up process, starting with limited production by the end of 2022 and reaching their planned capacities by 2023.

FORVIA Group brings together the complementary technology and industrial strengths of Faurecia and HELLA. The company aims to become the preferred innovation and integration partner for OEMs worldwide. FORVIA is the world’s 7th largest automotive technology company.