Valeo is an automotive supplier, partner to all automakers worldwide. As a technology company, Valeo proposes innovative products and systems that contribute to the reduction of CO2 emissions and to the development of intuitive driving.
In 2016, the Group generated sales of 16.5 billion euros and invested over 11% of its original equipment sales in research and development. Valeo has 166 plants, 20 research centers, 38 development centers and 15 distribution platforms, and employs 100,900 people in 32 countries worldwide. Valeo is listed on the Paris stock exchange and is a member of the CAC 40 index.
In North America, Valeo’s regional headquarters are located in Troy, Mich., and the company has 21 production sites and 8 research and development centers. The company employs 14,493 people across North America and was responsible for 22 percent of the Group’s 2016 global annual original equipment sales.
The company’s innovative solutions are developed by four business groups - Powertrain Systems, Thermal Systems, Comfort and Driving Assistance Systems and Visibility Systems. Valeo’s key products support and advance automotive electrical systems; transmission systems; engine management systems; air management systems; hybrid and electric vehicle systems; climate control systems; powertrain thermal systems; compressors; front-end modules; driving assistance; interior controls; interior electronics; lighting systems; wiper systems; and, wiper motors.
Numbers as of end of December 31, 2016.