FORVIA

Up to 10,000 job cuts in Europe in five years / EU-Forward plan to boost profitability

HELLA / FORVIA

Rumours of CEO Michel Favre's departure / Rift with Faurecia CEO Patrick Koller?

HELLA

Strong growth in turnover, operating result / Automotive supplier confirms annual forecast

HELLA

Margins under heavy pressure / Sales decline less than global vehicle production / EBIT almost cut in half

HELLA

Expansion of Austrian facility / Russian operations suspended / Management shake-up after Faurecia takeover

FAURECIA

+++ Follow-up +++ Takeover of Hella to birth six divisions / Increased focus on electronics, software