French automotive group Faurecia and German car parts supplier Hella said on Monday that they have merged into a group called Forvia, which aims for its sales revenue to reach $37.72 billion in 2025.

PARIS, June 3 (Reuters) - French auto parts supplier Faurecia EPED.PA launched a 705 million euro ($758 million) capital increase to fund its acquisition of German rival Hella HLE.DE, it said on ...