Executive Ane

Valeo raises its midterm sales and profit targets

Valeo set higher midterm sales and profit targets as the supplier seeks to reassure investors that they need not wait too long for returns on its investments in hybrid, electric and self-driving cars. The company pledged to lift sales to 27 billion euros in 2021 from 16.5 billion euros last year.

Obituaries

Bob White, one of the founders of the Canadian Auto Workers, died at the age of 81. Michigan dealer Dick Huvaere died at the age of 72.

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