www.economica.net/restructurare-valeo-costuri-chin

Valeo is shifting its innovation focus to Asia, using China's industrial model to enhance efficiency. CEO Christophe Perillat highlights that production and R&D costs in Asia are significantly lower than in Europe, prompting the company to adopt faster prototyping and design optimization methods. The competitive landscape is changing, with rapid prototyping becoming less feasible in Europe. Valeo's strategy includes reducing its European footprint while expanding in regions like China and India, resulting in job cuts globally. The company is also diversifying into sectors like defense and data center cooling systems to mitigate reliance on traditional automotive markets.