FRANCE: Valeo and Textron Automotive Company: Global Alliance to Create World Leader in Cockpit Modules
Valeo and Textron Automotive Company (TAC) today announced the signature of a memorandum of understanding to create a unique partnership that leverages the strengths of both companies cost-effectively. The alliance of the two automotive suppliers will create a global powerhouse in cockpit modules through the setting up of a 50/50 joint venture. The joint venture will be in operation within the next few months.
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