Valeo: 'Be Chinese in China'

This year is meaningful and important for Valeo, one of the world's leading auto components suppliers. Valeo China has been dedicated to this market for 20 years, and is celebrating its milestone in China. Accompanying the progress and development of the economy and society in China, Valeo gained a foothold in China with its innovative technology and excellent service. With a view to meeting the demands from international and local Chinese customers, Valeo continues expanding its scale in China. And now, Valeo China has 26 production sites and more than 14,000 employees, making China the leading country for Valeo in terms of the number of employees.

Valeo's global strategy is based on two pillars: CO2 emissions reduction and intuitive driving and development in Asia and emerging countries. China represented 24 percent of Valeo's total order intake in 2013. Even in 2013, Valeo China sales reached 12 billion yuan. Valeo invests more than 1 billion yuan a year in China and plans to continue to double Valeo China's sales every four years.

In line with its "Be Chinese in China" philosophy, Valeo China keeps enhancing its R&D capabilities, and currently, Valeo China has 10 development centers and three research centers, transforming from "Made in China" to "Invented by China".

www.valeo.com/en

World Eye Reports provided the story