TechBloomberg Tech1h ago
Valeo Looks to China as Role Model in Reshaping Auto-Parts Maker
TL;DROld European auto-parts maker Valeo copying China's efficiency playbook to modernize and diversify beyond traditional clients.
Why it matters: Signals how legacy suppliers must radically restructure to survive EV transition and compete with Chinese manufacturers.
Valeo SA Chief Executive Officer Christophe Perillat says he’s looking to China to streamline the century-old auto supplier, as it pursues new business areas beyond clients like Renault SA and General Motors Co.
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