Valeo confident of Chinese market
Valeo has officially inaugurated the Valeo Nanjing expansion plant in Yangtze Delta Region, Nanjing, one of China’s major automotive manufacturing bases. This inauguration marks a milestone in Valeo’s strategy of continuous development in Asia and consolidates its position as a global leader in transmission systems. Reducing CO2 emissions and boosting the Group’s presence in Asia and emerging countries are the two pillars of Valeo’s global strategy. The Nanjing plant extension is a further step to accompany the company’s growth in China, alongside their 22 existing plants, four new plants and two other extensions being built this year. On top of current activity for clutches and torque converters, the Nanjing plant will also be the first site in the world for Valeo to produce double-clutch systems. In order to meet the increasing global demand for CO2 emission reduction, auto suppliers are developing advanced transmission technologies. Valeo double clutch system is able to improve energy efficiency during power transmission which leads to better fuel economy. In 2011, Valeo Nanjing was awarded by the Jiangning Environment Bureau ‘Green Company’ certification for its outstanding environmental behavior. It has also been recognized by Shanghai GM for its excellent work in the Green Supply Chain Project. Valeo has received strong support from Nanjing Municipal People’s Government since its establishment. Valeo’s footprint in China can be traced back to 1994. In line with its ‘Becoming Chinese in China’ philosophy, Valeo China has been playing an important role in the local market. Based on its know-how and rich experience, Valeo is gradually improving the production capacity in China. Today it includes 22 sites. In 2012, three new plants were opened (Guangzhou, Wuhu and Huadu). In 2013, three plants are being extended (Foshan, Wuhan and Nanjing) and four other new ones are under construction. Valeo is an independent industrial […]