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Valeo

Valeo is an independant company group that specialises in the development, manufacturing and distribution of components, integrated systems and modules for cars and commercial vehicles. Valeo supplies the initial equipment as well as the retrofit equipment market. With € 9.4 billion in sales (2004) Valeo is on of the best automotive suppliers worldwide.
Valeo is a gloably active company with 67,300 employees in 129 locations, with 65 research and development centres and 9 distribution centres for the aftermarket in 26 countries. We can count some of the most well-known automotive manufacturers in Europe, North America, South America and Asia as our clients in the initial equipment market. In the retrofit equipment market Valeo supplies merchants and service-centre in more than 100 countries.
Valeos strategy for a cost-effective growth is mostly controlled through innovations. More than 5,000 engineers and qualified technicans work in our research and development department. 2004 over 6% of our earnings were re-invested into this sector.
The Group is devided into 12 working departments and one retail and original spare parts department.
In Germany Valeo is represented by 5,300 employees in 7 locations as well as 5 research and development centres as well as an authority in the fields wiper systems, switch and detection systems, air conditioning, motors and acutators as well as safety systems.
In 4 tech. centres (Wolfsburg, Stuttgart, Rüsselsheim and Munich) we over cutomer-oriented services.
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