French
vehicle component maker Valeo expects Brazilian 2001 sales to rise by 25 percent
compared with 2000, writes Rogério Louro Alves.
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PWC
– Go deeper with GlobalData |
“We will see about $US 300 million in revenue this year from local sales and
exports of Brazilian-made components,” said Valeo South America president Alain
Keruzore.
He expects the increase in revenue to come from higher local market sales and
increased exports to other South American countries of wiper blades, clutches
and alternators – with shipments both to vehicle makers and aftermarket
suppliers.
The company started Brazilian production of these components in Brazil in 1999.
“We have a lot of scope to grow in these sectors” Keruzore said.
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By GlobalData
Valeo has 14 plants in Brazil.
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