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Forvia Seating wins seat supply deal with Luxeed in China

Forvia unveils Ignite strategic roadmap to 2028

Forvia unveiled Ignite, a strategic roadmap focused on portfolio simplification and deleveraging through to 2028

Forvia has unveiled a new strategic roadmap targeting sales of €21-22bn and an operating margin of at least 7% by 2028. The automotive supplier presented the plan, named Ignite, at its Capital Markets Day on 24 February 2026.

The roadmap is structured in two phases. The first, running from 2025 to 2028, focuses on portfolio simplification and deleveraging. The second phase aims to consolidate market and technology leadership. Forvia is also proceeding with the planned divestiture of its Interiors business.

Under the new structure, Forvia will organise its portfolio into two clusters. The Growth cluster comprises Electronics and Seating, which the company says are aligned with trends in software-defined vehicles and electrification. The Value cluster includes Clean Mobility, Lifecycle Solutions, Clarion, and Lighting, with a focus on cash generation.

Martin Fischer, Chief Executive of Forvia, said: “Ignite marks the start of a new strategic chapter for Forvia, setting a clear direction for the Group’s transformation in a rapidly changing automotive environment. This roadmap sharpens our focus, affirms our leadership and aligns our portfolio around the technologies that will shape the future of mobility.”

Forvia expects Electronics sales to grow at least 12% annually after 2028, while Seating is forecast to grow approximately 4% per year. The company targets a leverage ratio of 1.2x by 2028.

Source: Forvia

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