2007 Reference document (PDF) - Valeo

The Group
1. Description and organization
Valeo is an industrial group fully focused on the design, production
and sale of components, systems and modules for automobiles and
trucks, both on the original equipment and the aftermarket.
The Group’s sole sector of activity is “Automotive Supply”.
On 31 December 2007, the Group employed 61,200 people,
of 93 different nationalities at 125 production sites,
62 Research & Development centres and nine distribution platforms.
1.1. Organization: Original Equipment
The Group is organized into one hundred or so decentralized and
autonomous Divisions, and it is at Division level that resources are
allocated and performance is evaluated. The Divisions enjoy the
backing of Valeo’s functional networks and Branches, which oversee
the coherence of the Group’s Product Families; they also exploit
synergies with the innovation Domains, and are coordinated by
National Directorates in some countries.
Valeo’s Industrial Divisions are responsible for running business
relating to OE production and sales from the various Product Families
for specific geographical areas.
1.2. Organization: Aftermarket
The industrial Divisions are also responsible for the production and
part of the distribution of Aftermarket products on behalf of the Valeo
Service structure, which handles the sale of products and services
relating to the aftermarket. Valeo Service comprises two activities,
one for each major distribution channel: automakers and their
networks, and independent distributors (including trading groups).
Valeo Service provides shared marketing and logistics services for
both Branches.
1.3. Domains
Since the Valeo 2010 strategic plan was launched in 2004, the
Group has adopted a transversal approach to develop new solutions.
The Domains are responsible for the Research & Development
2007 Reference document - VALEO
Activity
The Group
and Marketing of transversal innovations. Their work centres
around three strategic areas, in line with customers’ fundamental
requirements: respecting the environment (Powertrain Efficiency
Domain), safety (Driving Assistance Domain) and comfort (Comfort
Enhancement Domain). Each Domain is in charge of its own budget.
When the innovations designed and developed by the Domains
reach the marketing stage, they are transferred to one or several
Divisions which take charge of commercial negotiations, final
development and production.
1.4. Product Families
< Contents >
Valeo has ten P roduct F amilies which are, in alphabetical order:
■ Climate Control;
■ Compressors;
■ Electrical Systems;
■ Engine Cooling;
■ Engine Management Systems;
■ Interior Controls;
■ Lighting Systems;
■ Security Systems;
■ Transmissions;
■ Wiper Systems.
Since May 2005, P roduct F amilies have been overseen by a single
Department: the Operations Department. This Department was
created to accelerate the deployment of best practices and the
implementation of synergies between Product Families. It carries
out operational control of the performance of individual Divisions.
On April 1, 2007, Valeo created a new P roduct F amilies , Valeo Interior
Controls, which combines switches and detection systems and the
A/C control panel with the new camera-based vision assistance
business of Connaught Electronics Ltd. It has also restructured
some Divisions and product lines. These changes should allow the
Group to provide a better response to the needs of its customers,
with complete solutions developed in all three Domains—Powertrain
efficiency, Driving assistance and Comfort enhancement.
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