Forvia Takes Steps to Counter Full Impact of U.S. Tariffs
Forvia, a supplier to automotive giants Stellantis, Volkswagen, and Ford, is proactively working to mitigate the full impact of recent U.S. tariffs. Strategies include negotiating supplier contracts, modifying supply chain logistics, and passing on some increased costs to customers. With the current landscape creating challenges for many companies, Forvia aims to maintain competitiveness while balancing financial pressures associated with tariffs.