French auto supplier Forvia has negotiated an exit from a contract to supply Jeeps in Michigan that has led to significant losses for the supplier. Shedding the business will result in Forvia ...

Automotive supplier Forvia is planning to close its seating plant in Highland Park, Mich., and lay off 511 employees in the latest round of job cuts. The company expects the permanent layoffs to be ...

Although the company’s revenue continued to increase, it’s all going a bit slower than anticipated. Perhaps that shouldn’t be a surprise as the results and the outlook of the car manufacturers wasn’t ...