Valeo SA has more than tripled first-quarter profit, reflecting an extraordinary tax refund, the Detroit News said.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Net income reportedly climbed to €74 million ($US88 million) from €22 million a year earlier though sales fell 1% to €2.42 billion.


The paper said the maker of windscreen wipers, lights and clutches plans to continue moving production to countries with lower labour costs than in Western Europe and the United States.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact