2007 Reference document (PDF) - Valeo
2007 Reference document (PDF) - Valeo
2007 Reference document (PDF) - Valeo
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1 Activity<br />
Key events in <strong>2007</strong><br />
PAGE 28<br />
Competitive context<br />
The market for automotive components and systems is<br />
subject to fierce competition, in terms of cost, quality, service<br />
and technology.<br />
For some product lines supplied by the Group on the original<br />
equipment market, <strong>Valeo</strong> is consistently one of three to five major<br />
suppliers who together represent more than half of the market<br />
(in sales), the remainder being made up of a large number of<br />
regional suppliers:<br />
■<br />
in several product lines, <strong>Valeo</strong> competes against the four largest<br />
international automotive suppliers (in alphabetical order): Robert<br />
Bosch, Delphi, Denso and Visteon;<br />
Key events in <strong>2007</strong><br />
1. Commercial success<br />
<strong>2007</strong> was marked by commercial successes that contributed<br />
to increasing <strong>Valeo</strong> content per vehicle. For the second year<br />
running, OE orders came to 1.3 times sales, the highest level<br />
since 2001.<br />
1.1. Powertrain Effi ciency Domain<br />
■<br />
■<br />
■<br />
<strong>Valeo</strong> Engine Management Systems continued its developments in<br />
emissions control, and won seven contracts with several European<br />
and Asian automakers to supply EGR (exhaust gas recirculation)<br />
systems that meet Euro 5 standards.<br />
The micro-hybrid StARS system, developed by <strong>Valeo</strong> Electrical<br />
Systems based on starter-alternator technology, was fitted as<br />
standard on the smart fortwo mhd (micro-hybrid drive) from the<br />
second half of <strong>2007</strong>.<br />
<strong>Valeo</strong> Engine Cooling saw its water-cooled charge air cooler<br />
mass produced for the first time on the Volkswagen Golf 1.4l TSI,<br />
exhibited at the <strong>2007</strong> IAA Frankfurt Motor Show, and the Front-End<br />
Module Division was selected by a US automaker to equip three<br />
new models that will go on sale in 2010. In addition to continued<br />
<strong>2007</strong> <strong>Reference</strong> <strong>document</strong> - VALEO<br />
■<br />
■<br />
■<br />
for certain product lines, such as transmissions, thermal systems<br />
and lighting systems, the leading suppliers include companies that<br />
are smaller or more geographically concentrated, such as Behr,<br />
Hella, Koito, Kostal, Luk, Melco, Sachs, Siemens, etc.;<br />
the following Product Families are among the world leaders in<br />
each segment (in sales): Transmissions, Climate Control, Engine<br />
Cooling, Wiper Systems, Lighting Systems, and Electrical Systems.<br />
In addition, several products in <strong>Valeo</strong> Interior Controls and <strong>Valeo</strong><br />
Security Systems enjoy European or regional leadership positions<br />
(source: <strong>Valeo</strong>).<br />
development on its traditional markets, there were new contracts<br />
in <strong>2007</strong> for innovative products such as the Tricooler, signed with a<br />
US automaker. In addition, the Spanish Division of <strong>Valeo</strong> Electrical<br />
Systems was chosen by a Chinese automaker for the development<br />
and mass production of EGR coolers. Four new contracts were<br />
also signed with European truck manufacturers for engine cooling<br />
modules.<br />
<strong>Valeo</strong> Transmissions won several contracts to supply latestgeneration<br />
vibration dampers for manual and automatic<br />
transmissions in Asia, Europe and the United States.<br />
1.2. Driving Assistance Domain<br />
■<br />
< Contents ><br />
In July <strong>2007</strong>, <strong>Valeo</strong> announced that General Motors had selected<br />
its blind spot detection system, which will be available on certain<br />
Buick and Cadillac models from 2008. This system, based on radar<br />
technology, will also be fitted on the 2008 model of the Jaguar XF.<br />
27 vehicles will be e quiped by the blind spot detection system<br />
by 2010<br />
1<br />
2<br />
3<br />
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5<br />
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