Valeo To Put 2/3 of its Advanced Research Investment Toward Solutions for Reducing CO2 Emissions; Lower CO2 Technologies to Represent More Than 1/3 of Sales by 2020
Green Car Congress
MARCH 10, 2010
Valeo expects to double its sales for technologies linked to CO 2 emissions reduction to €1 billion (US$1.4 billion) by 2013 (10% of total sales) and then to boost that to more than €5 billion (US$6.8 billion) in 2020 (more than one-third of total sales). Jacques Aschenbroich, the Group’s Chief Executive Officer.
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