EU fines Automotive Lighting and Hella over cartel but Valeo escapes punishmentWed, 21, Jun 2017
Valeo sales rise 22% on fuel-saving, self-driving techThu, 27, Apr 2017
EU fines six auto suppliers $164 million on antitrust chargesWed, 08, Mar 2017
Mahle Behr, Valeo, Denso and three other suppliers have been fined a total of $164 million by the EU's competition authorities for having operated cartels in a number of their markets. Automakers affected included VW, BMW, Mercedes, Nissan, Renault and Jaguar Land Rover.
Valeo raises its midterm sales and profit targetsTue, 28, Feb 2017
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.
Valeo plans $5 million test track in suburban DetroitThu, 02, Feb 2017
Valeo first-half profit rises 23% on intuitive driving, low-emissions techWed, 27, Jul 2016
France's Valeo to acquire German clutch maker FTE Automotive for $914 millionThu, 02, Jun 2016
Valeo CEO outlines how supplier will evolve to keep pace with megatrendsSat, 23, Apr 2016
Autonomous driving, car-sharing and electric powertrains are currently some of the megatrends shaking up the car industry and forcing suppliers to evolve quickly to keep pace with developing technology, Valeo CEO, Jacques Aschenbroich, explained to Automotive News Europe.
AutoNews Now: Risks for Japan's supply chainMon, 18, Apr 2016
Siemens, Valeo partner to produce EV motorsMon, 18, Apr 2016
German engineering giant Siemens and French auto supplier Valeo are teaming up to make motors for electric and hybrid cars. The venture will develop, market and sell high-voltage electric motors, range extenders and chargers used in electrified cars and light commercial vehicles, the two companies said Monday.
Lightweighting stars at PACE AwardsMon, 11, Apr 2016
New technologies in the race for lighter-weight vehicles dominated the 2016 Automotive News PACE Awards on Monday night. The annual awards for outstanding supplier innovations singled out seven new concepts that are helping automakers trim weight.