Hella Lifecycle Solutions H1 2024 sales at €0.54 billion, down 2.6% YOY

Hella said lower investments in new commercial vehicles amid the economic slowdown and overall higher interest rates contributed to a decrease in sales 

German automotive supplier Hella, which operates under the umbrella brand Forvia, has announced financial results for the first half of the fiscal year 2024, spanning from Jan. 1 to June 30, 2024, according to a press release dated July 23.