Tokyo, Japan (ots/PRNewswire) - The Tokyo Motor Show represents a
major opportunity for Valeo to showcase its latest automotive
technologies to the general public and to underline its 20 years
presence in Japan. Twenty years after the founding of Valeo Japan in
December 1985, the Group has become a recognised partner for many
Japanese automakers. The Group supports these customers in both their
international and domestic development.
20 years in Japan: a successful integration of cultures
With eight production plants, four R&D centres and 5,200 employees
in Japan, Valeo continues to grow in this strategic market, where 10
million vehicles are produced every year.
In 2000, Valeo created its first local joint venture, with the
transmission components division of Unisia Jecs Corporation. Two
months later the Group created two joint ventures in the area of
thermal systems: Zexel Valeo Climate Control (ZVCC), which
manufactured air-conditioning systems and compressors, and Valeo
Zexel Engine Cooling (VZEC), which was created to develop and market
Valeo engine cooling systems in Asia. In March 2005, Valeo purchased
the remaining shares in these joint ventures and created Valeo
Compressors, its first Branch headquarters outside France, and two
Divisions for Engine Cooling and Climate Control.
The year 2000 also saw Valeo acquire 21% of the capital of
Ichikoh, one of the major lighting systems manufacturers in Japan,
mainly supplying Nissan and Toyota in Asia. In August 2005, Valeo's
participation in Ichikoh was increased to 27.6%.
Today, it is through supporting the Japanese automakers' strategy
to develop their global presence, particularly in China, Europe and
the United States, that Valeo is developing its sales with them
outside of Japan.
"Valeo's local production and R&D facilities and its partnership
approach with its customers, as well as its ability to support the
global expansion of Japanese automakers is key to its success in
Japan," said Valeo Chairman and CEO, Thierry Morin.
Focus on fuel savings
The engineers of Valeo's Powertrain Efficiency Domain have
developed several new technologies to reduce fuel consumption and
pollutant emissions. At a time when oil is becoming more and more
expensive, Valeo's starter-alternator - StARS - and Smart Valve
Actuation Technology are ideal solutions for carmakers. These two
Valeo's innovations together reduce fuel consumption and pollutant
emissions up to 40%.
"With future generations of the starter-alternator, we can offer
our customers a system that provides 80% of the fuel savings of a
full hybrid at 20% of the cost," said Thierry Morin.
Safety is the top priority
Latest studies conducted among drivers in Europe, Asia and the
United States clearly show that driver expectations of future car
design relate primarily to safety and in particular active safety for
collision avoidance. Drivers wish to be fully informed about their
environment and alerted to potential hazards so as to be able to take
appropriate decisions, e.g. whether to brake, accelerate, turn, etc.
Three successful Valeo innovations - Lane Departure Warning
System, Blind Spot Detection System and Ultrasonic Park Assist System
- respond to the driver's needs. These innovations which improve
safety, comfort and driving pleasure are the result of efforts of
engineers from Valeo's Driving Assistance Domain, which develops
advanced technologies using cameras, radar, infrared and ultrasonic
sensors to provide 360 degree monitoring of the vehicle's
environment. The US launch in 2004 of the Lane Departure Warning
System on two Infiniti models represents a world first for this
Enabling a better automotive world
Valeo's mission is to deliver added value to its OEM and
aftermarket customers around the world through innovative, total
quality, cost-effective solutions and services in the Domains of
Driving Assistance, Powertrain Efficiency and Comfort Enhancement.
- Driving Assistance: solutions for safer vehicles.
The technologies within this Domain are intended to monitor the
vehicle's perimeter, inform the driver and other road users about the
vehicle's immediate environment and initiate appropriate corrective
- Powertrain Efficiency: solutions for cleaner, more
efficient, more economical vehicles.
This Domain covers systems for enhancing vehicle performance and
driving pleasure and minimising fuel consumption and pollutant
- Comfort Enhancement: solutions for comfortable vehicles.
This Domain aims to make vehicle use more practical and
comfortable and is devoted to vehicle access and safety, and to the
comfort and well-being of its occupants.
Valeo (OTC: VLEEY) is an independent industrial Group fully
focused on the design, production and sale of components, integrated
systems and modules for cars and trucks. Valeo ranks among the
world's top automotive suppliers. The Group has 130 plants, 68 R&D
centres, 9 distribution centres and employs 72,100 people in 28
Alexandre Telinge, Media Relations Manager,
ots Originaltext: Valeo
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Alexandre Telinge, Media Relations Manager, Tel: +33-1-40 55-20-74,