[WCSA – Wowtimes - Almanac Events & Achievements 2023] Milestones in 100 years of development of Valeo, a French global automotive supplier (1923)

15-10-2023

(wcsa.world) Valeo S.A. is a French global automotive supplier headquarters in France. Valeo S.A. is engaged in the design, production, and sale of components, integrated systems, and modules for the automobile industry.

The company operates its business through the following segments: powertrain systems, thermal systems, comfort and driving assistance systems and visibility systems. The powertrain systems segment deals with electrical, transmission, engine management, air management, and hybrid/electric vehicle systems.

 

The thermal systems segment manufactures systems, modules, and components for climate control and front-end modules. The comfort and driving assistance systems segment develops interior controls, driving assistance, interior electronics, and access mechanisms. The visibility systems segment manufactures lighting and wiper systems.

 

 

(Wowtimes)Valeo’sHistory andAchievements

  • 1923: Société Anonyme Française de Ferodo (SAFF) was founded in 1923 in Saint-Ouen, near Paris. It first distributed brake linings and clutch facings under license from Ferodo.
  • 1932: The company began producing clutches. In the same year, it was listed on the Paris Stock Exchange.
  • 1946: SAFF acquired the license for fluiddive hydraulic transmission, which equipped on Lanchester in the UK and Dodge in the US
  • 1961: The firm produced braking systems and thermal systems (1962)
  • 1963: The company started to expand internationally. SAFF entered Spanish market and the Europe.
  • 1974: SAFF entered Brazil’s market
  • 1980: the company was renamed Valeo. Valeo entered the US’s market
  • 1994: Valeo’s expansion came to China.
  • 2000: Valeo produced parking assistance systems using ultrasonic sensors.
  • 2015: Valeo expanded it business by the acquisitions of German automotive suppliers Peiker and Spheros
  • 2017: Valeo presented its low-voltage prototype electric vehicle at the Consumer Electronics Show in Las Vegas.
  • 2021: The Group employed 113,601 people in 33 countries throughout the world. It has 184 production plants, 55 R&D centers and 15 distribution platforms.

According to Wikipedia


Brian (collect) - (World Creativity Science Academy)

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