Forvia's losses deepen in 2025 and it is preparing further job cuts.
Forvia's losses deepen in 2025 and it is preparing further job cuts.

Automotive supplier Forvia posted a net loss of €2,1 billion in 2025, amid declining revenue and sales. The group generated €26,1 billion in revenue, with an operating margin of 5,6%. It is pursuing a cost-cutting plan that includes eliminating 10,000 jobs in Europe by 2028, 6,400 of which have already been announced.

CEO Martin Fischer presented 2025 as a "year zero," marking the starting point of a new long-term strategy. The group, facing high debt levels since the acquisition of Germany's Hella in 2022, has a net debt of €6 billion at the end of 2025.

Planned sale of the vehicle interiors division

Forvia has confirmed it is in advanced negotiations to sell its vehicle interiors business, which produces door panels, center consoles, and dashboards. This division represents approximately 18% of its revenue, and its sale would reduce its net debt by at least one billion euros.

Including this potential sale, revenue would amount to €21,3 billion and the margin to 6%. The group now aims to achieve an operating margin of at least 7% by 2028, with revenue between €21 and €22 billion at constant exchange rates, as part of its strategic plan called "Ignite".