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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"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.

Valeo has 14 plants in Brazil.

To view related research reports, please follow the links below:-

The automotive industry in Latin America: Mexico, Brazil and Argentina Forecasts to 2005

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