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Forvia Revenue Drops on Lower China Sales

French car parts supplier Forvia reported a first-quarter sales drop to 5.14 billion euros today. The company confirmed its 2026 guidance despite the decline.

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France automotive parts supplier FORVIA reported a decline in its first-quarter financial performance, primarily driven by a slowdown in the Asian market. The company announced on Friday that organic sales, which exclude currency fluctuations, decreased by 2.2% during the period.

The Forvia corporate logo is displayed on their office building located in Nanterre, situated near Paris, France, as captured on October 16, 2024. REUTERS/Sarah Meyssonnier
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