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Retail Asia24/07/2017

French car parts maker Valeo said first-half profit rose 20 percent as demand for LED lighting and fuel-efficient engine systems helped sales to outpace global auto markets. Net income rose to 506 million euros ($588 million) from 422 million a year earlier, the company said in a statement on Thursday. Revenue increased 16 percent to […]

Retail Asia03/07/2017

Luxury carmaker Audi will introduce Valeo’s micro-hybrid “stop-and-start” systems in its RS5 sports coupe, sources told Reuters, in a sign that the Paris-based supplier may be tapping new premium demand for the fuel-saving technology. The contract with Volkswagen’s (VOWG_p.DE) upscale Audi division underlines increased spending by automakers on technology designed to reduce carbon dioxide emissions, […]

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Tag: valeo

Valeo profit up 20 pct on LED lights, thermal systems

Audi to use Valeo’s stop-start technology in sports coupe