Valeo
Livonia, MI 48150
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Valeo Raytheon Blind Spot Detection System Receives 2007 PACE Award
PARIS, France, April 17 --Valeo Raytheon Systems, a joint venture between Valeo and Raytheon Company, has received the prestigious automotive industry 2007 PACE Award in the product innovation category for its Blind Spot Detection System. The award, co-sponsored by Automotive News, Microsoft, SAP and the Transportation Research Center (TRC), was presented to Valeo at a ceremony held in...
Read More »Valeo Signs Agreement to Acquire Japanese Company Niles
PARIS, February 23, 2011 - Valeo announced today the signing of an agreement with RHJ International SA and Nissan to acquire Niles, a Japanese automotive supplier which would reinforce Valeo's Comfort and Driving Assistance Systems Business Group. The transition amounts to 320 million euros (enterprise value). With this acquisition, Valeo would strengthen its position in Asia (Japan, China,...
Read More »Valeo Raytheon Blind Spot Detection System Receives 2007 PACE Award
PARIS, France, April 17 --Valeo Raytheon Systems, a joint venture between Valeo and Raytheon Company, has received the prestigious automotive industry 2007 PACE Award in the product innovation category for its Blind Spot Detection System. The award, co-sponsored by Automotive News, Microsoft, SAP and the Transportation Research Center (TRC), was presented to Valeo at a ceremony held in...
Read More »Valeo Establishes its Second R&D Centre in China
SHANGHAI, China, July 7/-- Valeo today announced the establishment of a new Research and Development centre in Shanghai. This technical centre will design advanced climate control systems for Chinese, Japanese and European car makers. This latest development is part of Valeo's strategy to expand its presence in the fast-growing Chinese automotive market. When fully operational, the new technical...
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