FRANCE: Valeo heads for millonth front end module
Only three years from start-up, November 21st represents a significant landmark for Valeo as front end module production continues to gather momentum to reach a total of one million units. The company said that the market trend towards modular assembly continues to increase with forecasts predicting that two thirds of vehicles will carry front end modules by 2012. Valeo claims front end modules have rapidly diversified its customer base and it currently supplies Fiat, Ford, Renault and Volkswagen from dedicated assembly sites close to car manufacturers' facilities in Brazil, France, Poland, South Africa and Spain.
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