Valeo North America, a top-10 auto parts supplier in the world, announced plans Monday to expand into Bessemer with a $5 million facility that is expected to create 70 jobs, according to the ...

French auto parts supplier Valeo SA announced they will cut 5,000 jobs worldwide as a response to the decline of the economic stability. The company said that the drop in output will reduce the ...

Equipment manufacturers, the vital suppliers of components to carmakers, have been especially hard hit, with their share prices experiencing a dramatic plunge. This begs the question: is this a buying ...

Part supplier Valeo was awarded by French manufacturer Renault the contract for the supply of engine cooling modules and condensers for Renault's future range of electric vehicles. Finding a supplier ...

(Reuters) -Shares in Valeo fell over 16% in early Friday trading, after the French car parts supplier cut its annual sales forecast by at least 1 billion euros ($1.2 billion), blaming a weaker dollar ...

It is one of the world’s top ten manufacturers of car components and makes everything from clutch systems to windscreen wipers. Recently, however, it opted for a change of gear. At a board meeting in ...

French car parts maker Valeo on Friday forecast its core profit margin would come between 11.8% and 12.3% this year, below last year's level, and unveiled a strategic plan for 2021-2025. The group, ...

French auto supplier Valeo SA said it expanded its tech center in the central China city of Wuhan to strengthen its development capability of parts and components for intelligent vehicles in China.

(Reuters) -French car parts maker Valeo on Thursday said it was confident in its ability to reach its full-year guidance, as it posted third-quarter sales slightly above expectations. The group, which ...

Two of Valeo SA's largest new shareholders appear to be on a collision course over who should control the global auto parts maker and whether the company should make acquisitions. Last week Guy ...

Auto-component company Valeo has forged a joint venture with Anand Group for aftermarket business. Valeo Service India Auto Parts will distribute automotive products produced by the manufacturing ...

The French automotive sector, after a stellar 2023, has hit a major speed bump in 2024. Equipment manufacturers, the vital suppliers of components to carmakers, have been especially hard hit, with ...