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Valeo Looks to China as Role Model in Reshaping Auto-Parts Maker

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EXCLUSIVE Transportation Valeo Looks to China as Role Model in Reshaping Auto-Parts Maker Valeo SA Chief Executive Officer Christophe Perillat says he’s looking to China to streamline the century-old auto supplier, as it pursues new business areas beyond clients like Renault SA and General Motors Co. “I call China the fitness center of the auto industry,” Perillat said in an interview in Paris. “What we learn over there is incomparable with what we learn elsewhere because of the speed.”

EXCLUSIVE Transportation Valeo Looks to China as Role Model in Reshaping Auto-Parts Maker Valeo SA Chief Executive Officer Christophe Perillat says he’s looking to China to streamline the century-old auto supplier, as it pursues new business areas beyond clients like Renault SA and General Motors Co. “I call China the fitness center of the auto industry,” Perillat said in an interview in Paris. “What we learn over there is incomparable with what we learn elsewhere because of the speed.”
China (LOCATION) SA (ORG) Christophe Perillat (PERSON) Renault SA (ORG) General Motors Co. (ORG) Perillat (ORG) Paris (LOCATION)
Originally published by Bloomberg Technology Read original →