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    Market outlook for AC condensers
    Overview A key component of any automotive air conditioning system is the condenser. The condenser is a heat exchange system that condenses the refrigerant from a vapor state to a liquid state, thereby transferring latent heat to the surroundings and lowering the temperature of the air that is ci...
    Low emissions zones and their impact on powertrain development
    A study by the European Union (EU) in 2017 states that cars are responsible for around 12% of total carbon dioxide (CO₂) emissions in the EU. By 2021, under the emission reduction targets planned by the EU, all new cars must achieve an average of 95 grams of CO₂ emissions per kilometer. This mea...
    Valeo’s Q3 sales rises 8% y/y to USD5.3 billion
    French automotive components supplier Valeo has reported a rise in its revenue by a factor of 8% to EUR4.77 billion (approximately USD 5.3 billion) in the third quarter of 2019 in a press release dated October 24th. However, the company also stated that the ongoing strike at General Motors (GM) has ...
    Valeo and Dana collaborate to produce end-to-end 48V systems for hybrids and EVs
    French auto components supplier Valeo and American firm Dana have announced their global collaboration in order bring end-to-end 48 volt systems for hybrid cars and electric vehicles (EVs). The companies have also confirmed that the first of these systems will be released on a series-production vehi...
    Balancing aerodynamic performance and cooling efficiency using AGS
    Active aerodynamics and the art of manipulating airflow Modern automotive aerodynamics is more complex than just creating a vehicle with the lowest coefficient of drag (Cd). Cd of a vehicle is a dimensionless number that determines how much air resistance a moving vehicle encounters. Therefore, ...
    Valeo’s H1 net income drops 64% y/y to USD184 million
    Valeo has reported a 64.2% year-on-year (y/y) decline in net income to EUR162 million (USD184 million) in the first half ended 30 June 2019, the French supplier said in a press release on 25 July. Sales dropped marginally, by 0.9 % y/y, to EUR9.78 billion. On a like-for-like basis, sales declined 2%...
    Valeo wins lidar sensor orders worth USD561 million from four global auto groups
    Valeo has won orders worth EUR500 million (USD561 million) for lidar sensors from four global automotive groups, Reuters reported earlier this month citing an interview with Marc Vrecko, president of Comfort and Driving Assistance Business Group. “Those EUR500 million of orders with four major glo...
    New exterior design language
    Every vehicle has a unique identification in terms of design, performance, and features. From a design perspective, it includes interior and exterior lighting systems—the most recognizable elements on a new model. Premium vehicles, such as those of Audi, BMW, and Mercedes-Benz, have simple brand d...
    Valeo’s Q1 sales down 1% y/y to USD5.4 billion
    Valeo’s sales declined 1% year-over-year (y/y) to EUR4.84 billion (USD5.45 billion) in the first quarter ended 31 March 2019, the French automotive supplier said in a press release on 25 April. The company’s original equipment (OE) sales dropped by 1% y/y to EUR4.12 billion and accounted for 85%...
    Valeo opens new wiper motor plant in India
    Valeo has opened a new plant to manufacture wiper motors in Vallam, Chennai (India), Autocar Professional reported on 29 April. The plant manufactures rear wiper motors for OEMs and aftermarket segments in India. The facility currently produces left-hand motors and has the capability to produce a sh...
    30-Apr-2019 News Investments
    Auto Shanghai 2019: Valeo presents new solutions for electromobility
    Valeo is showcasing its range of solutions for electromobility and autonomous driving at the Auto Shanghai 2019 in China, the company announced in a press release on 15 April. The display includes its low-voltage (48 V), all-electric urban vehicle prototype, reversible charger, thermal and comfort s...
    Valeo opens R&D test lab facility in India
    Valeo has opened a research and development (R&D) test lab in Chennai, Tamil Nadu (India), ETAuto reported on 18 March. The French automotive supplier invested INR250 million (USD3.6 million) in the 15,000-square feet test lab facility, which is the company’s second R&D unit in Chennai. ...
    19-Mar-2019 News Investments
    Valeo reports 38% y/y drop in 2018 net income to USD624.5 million
    Valeo has reported 38% year-over-year (y/y) decline in net income to EUR546 million (USD624.5 million) for the financial year ended 31 December 2018, the French automotive supplier said in a press release on 21 February. The company’s operating income for the year also dropped, by 17% y/y, to USD1...
    Valeo, Mobileye enter partnership for autonomous vehicle safety standard
    Valeo has signed a partnership agreement with Mobileye to jointly develop and promote a new autonomous vehicle safety standard, using Mobileye’s Responsibility-Sensitive Safety (RSS) model, the French supplier said in a press release. Mobileye’s RSS is a formal mathematical model to ensure that ...
    CES 2019: Valeo to showcase telematics platform equipped with Autotalks’ V2X chipset
    At the CES 2019 this week in Las Vegas (United States), Valeo will showcase a telematics platform, equipped with Autotalks chipset, that can switch between DSRC and C-V2X communication systems, Autotalks announced in a press release on 3 January. The platform includes a cellular network access devic...
    07-Jan-2019 News New Products
    Miniaturization in LED technology - Opportunities and Challenges
    Since the introduction of LED technology, OEMs are standardizing LED lamps across major vehicle segments in order to improve efficiency and safety. Another area where LED technology is contributing is in brand perception by providing design flexibility. These days we can observe exterior lamps trans...
    New tail lamp designs and technologies
    The automotive lighting industry is progressing rapidly, with the lighting systems’ role pertaining to safety, aesthetics, customization, and vehicle autonomy. In terms of design, automakers are leveraging newer light sources such as LED (light emitting diode), OLED (organic light emitting diode) ...
    Valeo’s Q3 sales up 5% y/y to USD5.2 billion
    Valeo reported a growth of 5% year-on year (y/y), at constant exchange rate, in net sales to EUR4.48 billion (USD5.2 million) for the third quarter ended 30 September 2018, according to a company press release on 25 October. Valeo’s original equipment (OE) sales grew 4% y/y at constant currency to...
    Number of 48-volt vehicles expected to touch 4 million in China by 2023, says Valeo
    French auto component maker Valeo expects sales of 48-volt vehicles to touch 4 million units by 2023, reports Automotive News China. "The main factor driving the application of 48-volt systems is China’s tougher fuel economy and emission control requirements. To meet the r...
    Paris Motor Show 2018: Valeo shows solutions for electromobility, autonomous driving, digital mobility
    Valeo is showcasing its latest technological innovations in the areas of autonomous driving, vehicle electrification, and digital mobility at the Paris Motor Show 2018 in France, the company said in a press release on 2 October. The French supplier is organizing open-road world debut of its ‘Valeo...
    03-Oct-2018 News New Products
    Vayyar Imaging to supply advanced sensors to Valeo, Faurecia
    Vayyar Imaging, a specialist in 3D imaging technology, will supply advanced automotive sensors to Valeo and Faurecia, the companies announced in separate press releases yesterday (2 October). Vayyar will demonstrate its new capabilities in partnership with Valeo and Faurecia at the Paris Motor Show ...
    IAA Commercial Vehicles 2018: Valeo showcases 48-volt solutions
    French auto component maker Valeo has showcased its 48-volt electrical systems at the 2018 IAA Commercial Vehicle show at Hannover, Germany, the company announced in a press release on 19 September. Valeo is also showcasing air conditioning units for buses and coaches, Solid State LiDAR solutions, o...
    Valeo expands R&D operations in Egypt
    French automotive components supplier Valeo has opened a second building for research and development (R&D) operations at its existing site in Cairo, Egypt, expanding the company’s R&D operations in the country, according to a press release yesterday (23 September). The new center will dev...
    Valeo, WABCO sign MOU to develop active safety solution for commercial vehicles
    Valeo and WABCO have entered into a partnership to develop active safety solutions for commercial vehicles, Valeo announced in a press release on 19 September. The two companies signed a memorandum of understanding (MOU) to develop technologies to protect pedestrians and cyclists in city traffic and...
    Valeo’s H1 net income down 10.1% y/y to USD527.6 million
    Valeo has reported a 10.1% year-over-year (y/y) decline in net income to EUR453 million (USD527.6 million) for the first half ended 30 June 2018, according to a press release yesterday (25 July). Sales for the period grew 4.5% y/y to EUR9.86 billion. Despite higher sales, income before income taxes ...
    Valeo joins Baidu’s Apollo autonomous driving platform
    Valeo has joined Baidu’s Apollo autonomous driving platform, the company said in a press release yesterday (4 July). The partnership aims to leverage Baidu’s expertise in artificial intelligence (AI) and autonomous driving and Valeo’s know-how in sensors to facilitate rapid development of auto...
    HVAC control panel & ECU sector
    Automobile cabins have evolved to become more sophisticated, advanced, safer, and comfort-oriented over the years—a far cry from the simple stark cabins of the yesteryears. The cabin temperature control features too have changed dramatically. The earliest vehicles were equipped with only heating a...
    Valeo to show electric, autonomous, connected vehicle solutions at Viva Technology 2018 in France
    Valeo is set to showcase its solutions for electric, autonomous, and connected vehicles this week at the Viva Technology 2018 conference in France, the company announced in a press release on 22 May. Valeo will exhibit its 48-volt hybrid system, Valeo Smart Cocoon cabin thermal management solution, ...
    Lighting: Is the Supply Base Ready for Technology Revolution?
    Technologies such as laser, digital projections, LED matrix are gathering momentum in the industry for both exterior and interior lighting of the vehicle. With these technologies, OEMs and suppliers aim to provide advanced driving assistance functionality, ensuring optimum visibility even in extreme...
    Beijing Motor Show 2018: Valeo showcases electrification, battery thermal management solutions
    French auto component supplier Valeo is showcasing a range of electric, autonomous and connected vehicle technologies at the 2018 Beijing Motor Show in China this month. According to the company’s press release on 25 April, its display includes a low-voltage all-electric solution designed for a sm...
    Valeo’s Q1 consolidated sales up 3% to USD6 billion
    Valeo has reported 3% year-over-year (y/y) increase in consolidated sales to EUR4.92 billion (USD6.06 billion) for the first quarter ended 31 March 2018, the company said in a press release on 25 April. Sales, on like-for-like basis, improved by 1% y/y in the first quarter. The company’s origin...
    Valeo expands Czech development center
    Valeo has expanded its research and development (R&D) center in Prague, Czech Republic, Czechinvest reported earlier this month. The French supplier invested CZK124 million (USD6 million) in establishing a new 2300-square-meter building at the R&D center. The expansion will result in 250 new...
    16-Apr-2018 News Investments
    Analysis of the Engine Cooling Module sector
    All internal combustion engines (ICEs) are equipped with some form of cooling system because of the high temperatures they generate during operation. In modern automotive engines, liquid cooling system that uses coolant as the cooling medium has come to be the preferred choi...
    Valeo partners with start-up Ellcie Healthy to develop smart connected eyeglasses for driving
    Valeo has signed a partnership agreement with French start-up Ellcie Healthy to accelerate development of smart connected eyeglasses for driving, the company said in a press release on 23 March. The partnership will leverage Valeo’s expertise in connected vehicles and Ellcie’s experience in deve...
    The outlook for the automotive HVAC module sector
    IHS Markit specialists initiated a market assessment of European light vehicle air conditioning (A/C) in 1988. At that time, except for North America and Japan, original equipment air conditioning (OE A/C) fitment was almost non-existent elsewhere globally. In Europe, about 5% of passenger cars...
    Valeo’s 2017 net income falls 4.2% y/y to USD1 billion
    French auto component supplier Valeo has reported a 4.2% year-on-year (y/y) fall in its net income to EUR886 million (USD1.06 billion) for the financial year ended 31 December 2017, according to a company press release on 22 February. Total sales for the year, however, grew by 12.2% y/y to EUR18.55 ...
    Interior Lighting as a Technology Enabler for Additional Personalization Features
    Lighting is fast becoming one of the most critical elements for car designers to innovate and brand vehicles that attract car customers. Automakers are showing new features in vehicle interior lighting that can be used for both functional and aesthetic purposes. Generally, functional lighting is ...
    Valeo appoints François Marion as president of China operations
    Valeo has appointed François Marion as president for the company’s operations in China, with effect from 1 January, the company announced in a press release on 26 January. Marion has replaced Edouard de Pirey, who has been appointed as vice-president of Valeo Electrical Systems Product Group. ...
    CES 2018: Valeo to showcase innovations in electrification, autonomous driving and digital mobility
    Valeo is displaying its new products and solutions in areas such as electro-mobility, autonomous driving and digital mobility at the CES 2018 in Las Vegas, United States, the company said in a press release on 8 January. Valeo has unveiled a new 48-volt all-electric vehicle prototype motorization sy...
    09-Jan-2018 News New Products
    Impact of Autonomous Driving on Lighting
    Autonomous vehicles (AVs) represent a major innovation for the automotive industry in terms of technology and design. A fully automated-driving system undertakes all aspects of dynamic driving on all roadways and in all environmental conditions, which are usually done by human drivers. The prospect ...
    Challenges of CO2 refrigerant (R744)
    Vehicle air conditioning systems use a liquefiable vapour known as a refrigerant to transfer heat. Selection of the refrigerant is a key design factor which has a major influence on the component design of the HVAC system. Over the past few decades, refrigerants used in HVACs have been subjected to ...
    Valeo invests USD56.6 million in Cathay CarTech Fund
    Valeo has invested EUR50 million (USD56.6 million) in Cathy CarTech Fund, a dedicated fund set up by private equity (PE) firm Cathy Capital to invest in emerging automotive and future mobility services, the French supplier said in a press release earlier this week. Cathy CarTech plans to invest CNY1...
    Valeo to expand Hungarian operations, to invest EUR60 million
    Valeo will invest EUR60 million (USD63.2 million) to expand capacity at its manufacturing complex in Veszprém (Hungary), the Hungarian Investment Promotion Agency (HIPA) said in a press release on 13 December. The manufacturing complex, operated by the French supplier’s subsidiary Valeo Auto-Elec...
    14-Dec-2017 News Investments
    Valeo-Kapec JV receives regulatory approvals to start operations
    Valeo and its joint venture (JV) partner PHC have concluded a JV transaction after receiving necessary regulatory approvals, Valeo announced in a press release yesterday (30 November). The 50:50 JV, called Valeo-Kapec, will be headquartered in Daegu, South Korea, and controlled and fully consolidate...
    Technology overview & market analysis of charge-air coolers (CACs)
    After-cooling, inter-cooling, or charge-air cooling are interchangeable terms describing the system responsible for removing excess heat from the air charging the cylinders. The temperature of the air when compressed by forced induction rises as the boost pressure increases. There is a drop in the d...
    Valeo completes acquisition of FTE Automotive
    French automotive supplier Valeo has completed the acquisition of FTE Automotive, the company announced in a press release on 31 October. The acquisition was completed after Valeo received approval from the European Commission and the Turkish Competition Authority. “With the acquisition of FTE Aut...
    Valeo’s Q3 sales up 8% y/y to USD5.1 billion
    Valeo has reported an 8% year-over-year (y/y) increase in consolidated sales to EUR4.3 billion (USD5.1 billion as on 30 September 2017) for the third quarter ended 30 September 2017, the French automotive supplier said in a press release on 24 October. Sales on like-for-like basis (constant group st...
    Busworld 2017: Valeo showcases thermal management solutions
    French automotive supplier Valeo is showcasing its thermal management solutions for electric and hybrid buses and coaches at the ongoing Busworld 2017 trade show in Belgium. According to a company press release, the main products on display include REVO-E global range of electric roof units, battery...
    Valeo receives EC approval for acquisition of FTE
    Valeo has received European Commission’s (EC) approval for its proposed acquisition of FTE Automotive, the company announced in a press release last week (13 October). The acquisition is expected to be completed before the end of October, subject to the approval of Turkish antitrust authorities. T...
    IAA Frankfurt Motor Show 2017 – Materials Insights
    The International Auto Exhibition – IAA 2017 – recently took place at Frankfurt from September 14 to September 24, 2017. The event showcased many interesting vehicle premiers from the OEMs and also provided a sneak peak into the technology and market landscape of the future for both the OEMs and...
    IAA Frankfurt Motor Show 2017 – Thermal Insights
    The 2017 IAA was paramount for the automobile industry which has been besieged by increasing regulatory pressure to prove their commitment towards reducing vehicular emissions and environmental footprint. The showcased products at the show catered to IC engines, e-mobility and alternative fuel cell ...
    IAA 2017: Valeo to present autonomous, HMI solutions for automotive industry
    French supplier Valeo will unveil five new solutions for the automotive industry at the IAA 2017 in Frankfurt, Germany, the company said in a press release on 12 September. The new solutions include Park4UHome, a personal valet system that enables the vehicle to learn to park itself without any supe...
    13-Sep-2017 News New Products
    Valeo develops top column module for BMW using BASF’s materials
    French automotive supplier Valeo has developed a top column module for BMW using BASF’s engineering plastics Ultramid (PA) and Ultradur (PBT), BASF announced in a press release last week (17 August). The module’s indicator and windshield wiper levers are made using BASF’s polyamide Ultramid, w...
    21-Aug-2017 News New Products
    Valeo’s H1 net income up 20% y/y to USD577 million
    Valeo has reported a 20% year-over-year (y/y) growth in net income to EUR506 million (USD577 million as on 30 June 2017) for the first half (H1) of 2017, driven by 16% y/y increase in sales to EUR9.46 billion, the company said in a press release on 20 July. Higher sales helped the France-based suppl...
    Valeo mulls divesting passive hydraulic actuator business
    Valeo is considering the divestment of its passive hydraulic actuator business to address the European Commission (EC) concerns over its planned acquisition of FTE Automotive, according to a company press release yesterday (12 July). The French supplier has already initiated talks with Italian compa...
    Audi to offer Valeo's stop-start technology in RS5 sports coupe – report
    German luxury automaker Audi will use Valeo’s micro-hybrid stop-and-start systems in its RS5 sports coupe, reports Reuters. According to the report, Audi will be the first German automaker to use the technology, called ‘i-StARS’, on its current vehicle lineup.   Significance: Auto...
    Valeo to expand production capacity at US plant
    Valeo North America, a US subsidiary of France-based automotive supplier Valeo, will invest USD25 million to expand production capacity at its Smyrna plant in Tennessee (United States), Area Development reported on 28 June. The planned expansion will result in additional space of 133,000 square feet...
    29-Jun-2017 News Investments
    EC fines car lighting system producers USD30.1 million for operating a cartel
    The European Commission (EC) has fined car lighting system producers Automotive Lighting and HELLA a total of EUR27 million (USD30.1 million) for participating in an automotive lighting cartel; Valeo was not fined as it revealed the cartel to the Commission, the EC announced in a press release yeste...
    Valeo’s Q1 sales up 22% y/y to USD5.1 billion
    Valeo’s sales increased 22% year-over-year (y/y) to EUR4.76 billion (USD5.1 billion as on 31 March 2017) in the first quarter ended 31 March 2017, the French supplier said in a press release last week. The company’s sales, before changes in scope for consolidation and exchange rates, were up 13%...
    Shanghai Auto Show 2017: Valeo shows new powertrain, thermal, lighting solutions
    Valeo has showcased 14 technologies, including powertrain, thermal, lighting solutions, at the 2017 Shanghai Auto Show, the company announced in a press release on 19 April. In powertrain solutions, it has on display 12-volt starter-alternator, 48-volt belt-driven starter-alternator and high-voltage...
    Chery launches new engine in China
    China-based automaker Chery has launched its new engine E4T15B in China, the company announced in a press release on 31 March. The engine has been built in partnership with auto component majors such as Honeywell, Valeo and Bosch. However, Chery said that it owns the independent intellectual propert...
    EDITORIAL – Valeo well positioned to meet its mid-term goals
    After double-digit growth in revenues in 2016, French auto component maker Valeo is aiming to further accelerate its growth in the next five years. Valeo recently announced its mid-term financial goals through to year 2021 where it is hoping to reach revenues of over EUR22.5 billion (USD24.2 billion...
    Valeo acquires 3D image processing software specialist gestigon
    Valeo has acquired German start-up gestigon that specializes in developing 3D image processing software for vehicle cabin, the company said in a press release on 13 March. The acquired company develops body and gesture recognition technology. The acquisition is expected to help the French supplier d...
    Manufacturing footprints of thermal components
    For vehicles, thermal management plays a crucial part. With continuously increasing gadgetry in modern vehicles, the average temperature in the engine compartment has seen significant increase. It is important to divert the heat away from passengers as well as from certain components that may be neg...
    European Union fines six suppliers for operating in cartel
    The European Union (EU) has fined six suppliers a total of EUR155 million (USD163.6 million) for operating as a cartel in many of the markets they function in, reports Reuters. The six companies are Mahle Behr of Germany, Denso, Calsonic, Panasonic and Sanden from Japan, and France-based Valeo. "Tod...
    Valeo targets USD29 billion sales in 2021
    French automotive parts supplier Valeo has announced new financial targets through 2021, according to a company press release yesterday (28 February). The company targets achieving sales of EUR22.5 billion in 2019 and EUR27 billion (USD29 billion) in 2021, higher than EUR16.5 billion last year. T...
    Valeo’s 2016 net income up 27% y/y to USD974.5 million
    Valeo’s net income increased 27% year-over-year (y/y) to EUR925 million (USD974.5 million) in the financial year ended 31 December 2016 driven by 14% y/y growth in sales to EUR16.5 billion, said the company’s press release on 16 February. Higher sales also helped the French supplier record 20% i...
    Valeo to form JV with Pyeong Hwa for automatic and continuous variable transmission
    Valeo has signed a joint venture (JV) agreement with South-Korean company Pyeong Hwa to manufacture torque convertors for automatic and continuous variable transmissions (CVT), the company informed in a press release on 6 February. The 50:50 JV, to be called Valeo-Kapec, will be headquartered in Dae...
    Valeo to invest in new low-speed test-track in US
    Valeo North America, a subsidiary of France-based supplier Valeo, plans to invest USD5 million in setting up a new low-speed test track and a new building in Auburn Hills (United States), and also improve its headquarters in Troy (United States), The Detroit News reported on 1 February. The inves...
    02-Feb-2017 News Investments
    Ichikoh announces results of tender offer by Valeo
    Ichikoh has announced that the tender offer by Valeo for purchase of its common stock, which was announced in November last year, was closed on 12 January, the Japanese supplier said in a release on 13 January. Valeo will hold a 55.08% stake in Ichikoh upon settlement of the transaction slated for 2...
    CES 2017: Valeo showcases new automotive solutions
    France-based supplier Valeo has demonstrated five tools of advanced driver assist systems (ADAS)―Valeo eCruise4U, Valeo XtraVue, Valeo 360AEB Nearshield, Valeo C-Stream and Valeo Cockpit―at the ongoing CES 2017-, the company said in a press release on 4 January. While the Valeo eCruise4U syst...
    05-Jan-2017 News New Products
    Suppliers to the new Honda Odyssey
    Assembly of the fifth generation Honda Odyssey began in November 2016 at Hondas' Lincoln facility in United States. According to IHS Markit production forecasts, output of the Honda Odyssey is expected to peak in 2017 at more than 150,000 units. If you would like you...
    Valeo, Siemens joint-venture starts operations
    The joint venture (JV) between Valeo and Siemens, aimed at development of high-voltage electrified powertrains, has commenced operations, the company said in a press release on 1 December. Headquartered in Germany, the new entity has been named Valeo Siemens EAutomotive. The company will have around...
    Valeo withdraws FTE merger notification to address European Commission’s concerns
    Valeo, in agreement with Bain Capital, has decided to withdraw its notification to acquire German clutch maker FTE Automotive after the European Commission raised concerns about the acquisition in its Phase 1 review, the company announced in a press release on 30 November. Valeo will re-notify the a...
    Valeo announces public tender offer to raise stake in Ichikoh
    French auto parts maker Valeo announced a public tender offer to raise its stake in Japanese supplier Ichikoh Industries, according to a company press release yesterday (22 November). Valeo seeks to raise its stake in Ichikoh to between 50.09% and 55.08%. The offer will be open between 24 November 2...
    Suppliers to the new BMW 5 Series
    The seventh generation BMW 5 Series, codenamed G30 is a 5 door sedan showcasing its evolutionary design and state-of-the art features. The all-new, seventh generation BMW 5 series uses a mixture of high-strength steel, magnesium and aluminum which helps to make it up to 100kg lighter than its pre...
    Valeo acquires 50% in AI start-up CloudMade
    Valeo has acquired 50% stake in CloudMade, a start-up specializing in machine learning and artificial intelligence (AI) for automotive applications, the company said in a press release on 11 November.  CloudMade’s software solutions are used by OEMs to convert vast quantities of data generate...
    Valeo’s autonomous vehicle begins European road trip
    Valeo’s Cruise4U autonomous vehicle has begun a five-week European road trip, says a company press release. Cruise4u will drive approximately 13,000 kilometers across Europe covering the United Kingdom, Germany, the Netherlands, Czech Republic, Spain, and France. Significance: Valeo Cruise4U is...
    Valeo, Capgemini launch Mov’InBlue™ smart mobility solution
    Valeo, in collaboration with Capgemini, has launched a new mobility solution for corporate fleets and vehicle rental companies, the two partners said in a press release last week. The new mobility solution called Mov’InBlue™ enables secure fleet reservation and management based on Valeo’s InBl...
    18-Oct-2016 News New Products
    Valeo appoints James Schwyn CTO – North America
    Valeo has appointed James Schwyn as its chief technical officer (CTO) – North America, effective immediately, the company said in a press release on 11 October. The position of CTO is new for the France-based company in North America and has been created to support and further promote its growth t...
    Valeo to invest USD100 million in India
    French auto component supplier Valeo plans to invest USD100 million in the next 2-3 years in its Indian operations. According to a report by The Economic Times, the company plans to hire more than 1,000 engineers to support its local and global operations. "The Indian middle class is growing fa...
    11-Oct-2016 News Investments
    California issues more self-driving permits, Iowa creates autonomous freight corridor
    California has issued self-driving vehicle testing permits to Valeo and Wheego, according to a Wall Street Journal (WSJ) report. Citing the California Department of Motor Vehicles, the WSJ reports that the companies received approval for programs involving one vehicle operated by...
    Valeo showcases latest innovations at 2016 Paris Motors Show
    Valeo is showcasing its latest innovations at the 2016 Paris Motor Show, says a company press release. The company is showcasing Cruise4U, Driver Monitoring, 48V e4Sport, and smart lighting solutions. ‘Cruise4U’ is a technology prototype capable of driving in automated mode in real traffic co...
    03-Oct-2016 News New Products
    Valeo unveils new brand signature ‘Smart technology for smarter cars’
    At the ongoing Paris Motor Show, Valeo has unveiled its new brand signature "Smart technology for smarter cars", the company said in a press release. The company also presented its growth strategy in powertrain, electrification, and autonomous vehicle at the investor’s meeting. During the meeting,...
    Suppliers to the new Porsche Cayman
    The latest Porsche Cayman was officially announced in April 2016 and for the first time in the model’s history is available with turbocharged flat-four cylinder engines. Despite the reduction in engine capacity in the new model, Porsche have managed to achieve a 25hp increase over its predecess...
    Valeo, Gemalto partner to turn smartphone into secure car key
    France-based automotive supplier Valeo has partnered with Gemalto, a digital security player, to strengthen security of its virtual car key system Valeo InBlue, the company said in a press release on 21 September. Valeo will use Gemalto Allynis Trusted Services Hub (TSH) solution to provide secure o...
    Increased supplier concentration in HVAC Module Space
    The global automotive heating ventilation and air conditioning (HVAC) module market has been changing in the last few years. Currently, the market is dominated by five prominent players -- Denso, Mahle, Valeo, Hanon Systems and Calsonic Kansei – catering to ten major automakers. Between them, the ...
    Valeo, Ichikoh to jointly develop automotive ‘digital mirror’
    Valeo and Ichikoh will jointly develop an onboard camera system with displays that are expected to replace the side and rearview  mirrors in a vehicle, reports Nikkei Asian Review. Ichikoh, a supplier of lighting systems and mirrors for the automotive industry, will manufacture the mirror ca...
    Valeo begins 13,000-mile trip in US in semi-automated test car
    Valeo embarked on a 13,000-mile road trip yesterday (1 August) from San Francisco, California (United States), in its partially automated car Cruise4u®, the company said in a press release. In its around 45-day road-trip, the test car will stop in the US cities such as Los Angeles, Las Vegas, Seatt...
    Electric superchargers at the forefront
    Stringent emissions and fuel economy regulations, coupled with demand for improved performance have become catalysts in bringing electric superchargers to the fore. IHS expects the global production volumes of electric superchargers to witness a whopping increase from a mere 10,026 units in 2016 to ...
    Valeo’s H1 net income up 26% y/y to USD500 million
    Valeo reported a 26% year-over-year (y/y) increase in net income to EUR451 million (USD500 million) in the first half ended 30 June 2016, the company said in a press release. The company’s operating income also increased, by 20% y/y, to EUR647 million (USD717 million), resulting in a 60 basis poin...
    Autonomous vehicles need LiDAR to be safe, says ZF CEO
    Autonomous cars will need multiple detection systems including LiDAR (Light Detection and Ranging) technology if they are to be safe at high speeds, Automotive News quoted ZF CEO Stefan Sommer as saying. Sommer said that cameras relying on visual signal alone are not sufficient for such vehicles at ...
    08-Jul-2016 News New Products
    Modularity sets Delphi's 48V mild-hybrid system apart from competitors' systems – IHS study
    IHS Senior Research Analyst Christian Müller attended the technical demonstration of Delphi's 48V mild-hybrid technology held at Delphi's Wuppertal Technical Center in Germany in May 2016. It was a technology inclined press event which put together Delphi's senior technical team, leading market ana...
    Patrick Koller becomes CEO of Faurecia
    Patrick Koller has officially begun working as CEO of Faurecia, effective 1 July, the company said in a press release last week. Yann Delabrière, who was both chairman and CEO, will remain chairman of the company.   In April this year, Faurecia’s board of directors decided to separate t...
    Mergers and acquisitions (Issue 5, 2016)
    Acquirer Acquired Business Sector Comment Cemtrex Periscope Electronics Cemtrex has agreed to acquire all the assets of a Germany-ba...
    Nissan to close first bidding round for Calsonic stake by 10 June
    Nissan may conclude the first bidding round to sell its 41% controlling stake in Japanese component supplier Calsonic Kansei by 10 June, reports Reuters. According to news report, suppliers such as Faurecia, Valeo, Tenneco, and Modine may participate in the bidding rounds. Furthermore, citing unname...
    Valeo to acquire German clutch maker FTE Automotive
    French auto parts supplier Valeo has signed an agreement yesterday (2 June) with Bain Capital Private Equity, owner of FTE Automotive (FTE), to acquire 100% of FTE for EUR819.3 million (USD916.3 million), says a company press release. The company expects to conclude the acquisition in the fourth qua...
    Day-time running lights drive LED usage in cars
    LED DRL becoming popular "The introduction of daytime running light (DRL) for cars, trucks and buses makes them more visible, which will increase road safety. This will make a positive contribution to our goal of reducing fatalities on European roads whilst being more fuel efficient than existin...
    Valeo to offer new low-cost solid-state LiDAR for automotive applications
    Valeo will add a new low-cost, solid-state LiDAR into its portfolio of driving and parking assistance solutions, according to a press release by LeddarTech, which specialises in advanced LiDAR technology. Valeo and LeddarTech have been collaborating since 2014 when the two companies entered into a c...
    02-Jun-2016 News New Products
    48V technology is finally starting to emerge in 2016 - IHS study
    It took a bit longer than initially proclaimed for 48V to be finally implemented in a vehicle, but it is here now. Especially, the German automakers have high hopes for the success of the 48V electric architecture not only in mild hybrids but also in non-hybrid applications such as electric turbo ch...
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