Suppliers

Valeo tightens cost controls to offset Europe, U.S., China slowdown

July 14, 2019 08:19 AM
MEET THE BOSS

NAME: Jacques Aschenbroich
TITLE: Valeo Chairman and CEO
AGE: 65
Main challenge: 
Investing in future technologies such as electrification and driving assistance while preserving profits in an uncertain world.

Valeo is a global leader in a broad range of component categories: parking and driving assistance sensors and cameras; thermal management, of both the vehicle and passengers; and powertrain, including clutches and high- and low-voltage electrification. CEO Jacques Aschenbroich spoke with Automotive News Europe Correspondent Peter Sigal about how Valeo is navigating a transformative time for the industry.

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