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Industry Profiles
Valeo Profile Report
Tuesday, 26 May 2009

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Having previously released profiles on Hella and AL, Driving Vision News now present this Valeo profile.

Valeo, a publicly-traded corporation on the French Stock Exchange, are one of the world's top 15 automotive suppliers. Their two largest shareholders are Pardus, a hedge fund group with a stake of just under 20% and French institutions with 8%. Their main competitors include Denso, Bosch, Continental, and Hella.

The Group is fully focused on the design, production and sale of components, systems and modules for cars and trucks, both on the original equipment market and the aftermarket.
Valeo employed, end of 2008, 51,200 employees, at their 133 production sites and 67 R&D centres.

Valeo had operating revenue of €8.8 billion in 2008, a 9% reduction from 2007. They still spend 5.5% of their operating revenue on research and development of new products in 10 branches.
Although sales were down for 2008, Valeo had a busy year securing Advanced Driver Assist System (ADAS) deals with several new models.

Automotive Lighting Profile
Tuesday, 02 September 2008

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AL, born nearly a decade ago to long-established auto lighting parent operations of Bosch and Magneti Marelli, are now a wholly-owned subsidiary of the latter company. AL are a global supplier of front and rear lighting products and considered one of the top 4 exterior lighting suppliers worldwide.
Since establishment in 1999, AL have grown into the global leader in the automotive lighting market.

There are about 12 000 people across 16 sites in Asia, Europe and North and South America; in 2007 AL achieved turnover of about €1.6bn. All major OEMs buy from AL, including BMW, Mercedes, VW, and Ford Group in Europe, GM in North America, and Honda and Mazda in Japan.

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