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    Automotive R&D investment to grow in 2021 despite COVID-19 setbacks
    The survey results indicate that R&D spending is critical for medium- and long-term goals for companies within the industry, particularly to develop their market positioning. However, some companies are still cautious about planning a high-spending year until the market conditions for products h...
    Android’s grip tightens on automotive OS
    Android Automotive has taken the automotive headunit by storm. From its initial introduction in early 2017 until now, six global automakers across more than 10 brands have signed on, accounting for nearly one-fifth of all vehicles once fully rolled out. The significance of Android Automotive lies wi...
    Valeo Q1 2021 sales rise 4% y/y to USD5.67 billion
    France-based automotive components and systems supplier, Valeo, has published its financial results for the first quarter of 2021. According to a press release issued by Valeo on 28 April, the company reported sales of EUR4.67 billion (approximately USD5.67 billion) for the first quarter of the 2021...
    Are we ready for light projection technology in and around a vehicle?
    Light projection can be used to transform a vehicle and its surroundings. Not only does light have the ability to increase safety and functionality but it also offers manufacturers the ability to differentiate their vehicles with lighting design and create cus...
    2021 Shanghai Auto Show: Valeo showcases thermal, lighting solutions
    Valeo is presenting innovative thermal and lighting technologies at the ongoing 2021 Shanghai Auto Show in mainland China, according to a company press release on 19 April. In the field of thermal, Valeo is showcasing new heat pump and FlexHeater smart heating technology. In the field of lighting, t...
    20-Apr-2021 News New Products
    Valeo’s FY 2020 sales down 16% y/y to USD20.2 billion
    Valeo has reported financial results for the fiscal year ended 31 December 2020. According to a company press release dated 18 February 2021, Valeo’s sales declined 16% year-on-year (y/y) to EUR16.4 billion (about USD20.2 billion). The company’s OE sales and aftermarket sales declined 16% and 12...
    EIB grants USD727 million loan for Valeo’s R&D projects
    France-based automotive components supplier, Valeo, has been granted a loan of EUR600 million (over USD727 million) by the European Investment Bank (EIB) in order to fund its research and development (R&D) projects. According to a press release issued by Valeo on 10 February, these research proj...
    11-Feb-2021 News Investments
    Valeo to expand technologies that contribute to low carbon mobility
    Valeo will continue to expand its portfolio of technologies that contribute to low carbon mobility, the French automotive supplier said in a press release on 4 February. The company will invest mainly in the field of developing solutions for vehicle electrification. Over the past 10 years, Valeo ...
    Valeo reports preliminary results for Q4 2020; total sales amount to USD6.1 billion
    Valeo has reported preliminary results for the fourth quarter of 2020, according to a company press release on 14 January. Despite the acceleration of the second wave of the COVID-19 pandemic, Valeo recorded like-for-like growth in OE sales of 5.3% in the fourth quarter of 2020 to EUR4.2 billio...
    Valeo testing Level 4 autonomy in Japan
    Valeo is testing level 4 autonomous driving technology in Japan, Nikkei Asia reported on 4 January. The trial includes a combination of 3D maps and data from communications between the vehicle and traffic lights. Valeo is assessing its lidar’s capability and reliability to achieve Level 4 autonomy...
    Valeo’s CEO Jacques Aschenbroich to step down after 2021
    Valeo’s existing CEO Jacques Aschenbroich will retire from the post on 31 December 2021, according to a company press release on 27 October. Christophe Périllat, who is currently acting as chief operating officer of Valeo, will succeed Aschenbroich as CEO starting in January 2022. Also, Jacques A...
    Valeo’s Q3 2020 sales fall 8% y/y to USD5.1 billion
    Valeo’s net sales fell 8% year-on-year (y/y) to EUR4.4 billion (USD5.1 billion) for the third quarter ended 30 September 2020, according to a company press release on 27 October. Original equipment (OE) sales totaled EUR3.7 billion, a decline of 7% y/y. In terms of business groups, sales of Com...
    Valeo assures to keep all sites in France open, preserve jobs over next two years
    Valeo has signed an agreement for competitiveness and collective performance with its French unions: the French Confederation of Management – General Confederation of Executives (CEC-CCG) and the General Confederation of Labor – Workers' Force (FO), the company said in a press release on 30...
    Increased electrification to drive demand for newer types of A/C condensers
    Comfort almost always ranks quite high in the list of criteria for customers looking to purchase a new vehicle, and carmakers have always invested significant time, effort, and money in making sure their vehicles’ A/C or climate control systems function as best as possible. In addition to heating ...
    Valeo H1 2020 sales declines 27.8% y/y to USD7.92 billion
    French automotive components supplier Valeo has announced its financial results for the first half of this year. According to a press statement issued by Valeo on 21 July, the company posted sales of EUR7.06 billion (USD8.1 billion) (approximately USD7.92 billion) during the first half of 2020, whic...
    Combi cabin air filters to gain larger foothold in the global market
    One of the most important criteria when purchasing a new car is passenger comfort. Carmakers heavily invest in making their vehicles as comfortable as possible, and the A/C or climate control unit has been a focus area for advancement for a very long time. The pollution we face on our daily commutes...
    Valeo files patents on lighting, 48V systems, telematics systems, cleaning systems in 2019
    Valeo has filed 1,034 patents in 2019, confirming its strong capacity for innovation, according to a company press release on 26 June 2020. With new patents filed with the National Institute of Industrial Property (INPI) in 2019, Valeo’s innovations are now protected by a portfolio of more than 33...
    Valeo launches disinfectant solution for vehicle cabins
    Valeo has launched a disinfectant solution for vehicle cabins called ClimSpray™, according to a company press release on 12 June 2020. According to Valeo, the new solution product, which disinfects and purifies vehicle cabins, has the ability to neutralize viruses (including coronaviruses), b...
    15-Jun-2020 News New Products
    BrainChip signs joint development agreement with Valeo for Akida neuromorphic chip
    AI company BrainChip has signed a joint development agreement with automotive supplier Valeo for its Akida system-on-chip (SoC), the Market Herald reported on 9 June. Under the agreement, Valeo will integrate BrainChip's Akida neuromorphic SoC as a neural network processor in its sensing system. ...
    Impact of COVID-19 on Automotive UI/ UX Market
    The coronavirus disease 2019 (COVID-19) pandemic has profoundly disrupted all aspects of the automotive supply chain. Global efforts to control the spread of the virus have impacted both demand and supply, and in turn the industry cumulating in a sharp decline in production. Both automakers and auto...
    29-May-2020 Insights COVID-19
    Valeo to increase production lines for 48V electric motors in France
    In a press release dated 26 May, Valeo announced that it is planning to increase production of its 48V electric motor in France. Furthermore, Valeo will add more production lines for the motor in French plants. The move is to support the French automotive recovery plan by the government. “France r...
    Valeo Q1 2020 sales declines 8% y/y to USD4.83 billion
    France-based automotive components supplier Valeo has announced its financial results for the first quarter of this year. According to a press release issued by Valeo on 23 April, the company registered consolidated sales of EUR 4.49 billion (approximately USD4.83 billion) during the first quarter o...
    COVID-19 pandemic: Valeo agrees with French labor organizations for employee safety measures ahead of production restart
    Valeo announced that it has reached an agreement with three major trade unions in France to improve safety measures for its employees as it prepares to gradually resume operations, a company press release on 21 April showed. Automakers and suppliers have suspended production globally due to the coro...
    21-Apr-2020 News COVID-19
    COVID-19 pandemic: Valeo withdraws FY 2020 outlook, provides production updates
    French automotive components supplier Valeo has announced that it has withdrawn its financial objectives for the fiscal year of 2020 in light of the uncertainties posed by the ongoing coronavirus disease 2019 (COVID-19) pandemic. According to a press statement from Valeo dated 14 April, the compa...
    15-Apr-2020 News COVID-19
    COVID-19 pandemic: Air Liquide, PSA, Schneider Electric, Valeo set up task force for production of respirators
    Respirator maker Air Liquids has teamed up with auto parts manufacturer Valeo, automaker PSA, and electrical equipment company Schneider Electric, to produce some 10,000 respirators in 50 days, between the beginning of April and mid-May, to help coronavirus disease 2019 (COVID-19) patients, Val...
    01-Apr-2020 News COVID-19
    Suppliers to the new BMW 8 Series
    The second generation BMW 8 Series is assembled at BMW's facility in Chengalpattu, India. According to IHS Markit production forecasts, output of the new generation BMW 8 Series from the plant is expected to peak in 2021 at over 51 units. If you would like your company included in t...
    Demand for charge air coolers forecast to accelerate between 2021 and 2025
    The world of today is highly aware of the problems posed, and the far-reaching ramifications, of climate change. As a result, increased levels of efficiency and optimization are demanded in every sphere, and one area where this is felt more strongly than anywhere else, is in the automotive sector. A...
    Prospects of integrating lidar sensors in headlamps
    Automakers are exploring headlamps as a location for lidar sensors to achieve automated driving functionalities. According to IHS Markit, vehicles in future will have digital lighting system that will include a camera, lidar, and other sensors combined with artificial intelligence (AI) to understand...
    COVID-19 outbreak: PSA, Valeo extend plant closure in China
    French automaker PSA has extended Lunar New Year holidays at its three plants in Wuhan, Hubei province, China until 14 February, in line with the Chinese government’s guidance over the novel coronavirus (COVID-19), according to a report by Reuters on 31 January. Another France-based company, ...
    03-Feb-2020 News COVID-19
    Israeli startup Neteera announces strategic collaboration with Valeo
    Neteera Technologies, which develops in-vehicle vital sign detection and passenger monitoring solutions, has entered a strategic collaboration with Valeo, according to a press release on 4 January. Valeo will be utilizing Neteera’s advanced in-cabin human vital signs monitoring solution for its ne...
    04-Jan-2020 News New Products
    Thermal sector wrap-up 2019
    The automotive thermal sector witnessed a wide range of innovations and developments, from improving vehicle efficiency to making vehicle occupants more comfortable. Irrespective of whether automobiles are being powered by conventional forms of drive such as internal combustion engines, or by n...
    Valeo to make available new high-definition LED smart lighting solution from 2022
    Valeo has informed that its new PictureBeam Monolithic technology, which the company claims to be the first high definition LED smart lighting solution, will be available on the market from 2022, according to a company press release on 16 December. The new LED smart lighting solution is capable of p...
    Valeo targets higher profitability, cash flow in 2022
    Valeo is aiming to increase its EBITDA to 15% of sales in 2022, the company announced in a press release on 9 December. It is also looking at free cash flow generation between EUR1.3 billion (USD1.4 billion) and EUR1.5 billion over the 2020-2022 period, which is nearly double compared to 2017-2019 p...
    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 partners with Cisco for automated parking service
    Valeo has signed a cooperation agreement with Cisco to jointly develop solutions for automated parking services, the French supplier said in a press release on 15 June. The two partners have collaborated on a project, ‘Cyber Valet Services’, which enables vehicle equipped with Valeo Park4U to pa...
    16-Jun-2017 News New Products
    Valeo launches AI research center for automotive applications in Paris
    Valeo has launched its first research center, called Valeo.ai, focused on artificial intelligence (AI) and deep learning for automotive applications, the company said in a press release on 14 June. The new research center in Paris (France) will leverage Valeo’s know-how in autonomous driving and i...
    15-Jun-2017 News Investments
    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...
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