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Gentle succession at the head of Valeo

2020-10-27T19:20:58.712Z


INTERVIEW - Jacques Aschenbroich will pass the torch to Christophe Périllat, his number two, in early 2022.Jacques Aschenbroich, the emblematic CEO of Valeo for more than ten years, is preparing his succession. He will keep the chairmanship of the board of directors of the automotive supplier. LE FIGARO. - Valeo suffered from the Covid crisis with a heavy loss in the first half. How is he doing today? Jacques ASCHENBROICH. - There are two ways of analyzing Valeo's sales in the third quarter: one refl


Jacques Aschenbroich, the emblematic CEO of Valeo for more than ten years, is preparing his succession.

He will keep the chairmanship of the board of directors of the automotive supplier.

LE FIGARO.

- Valeo suffered from the Covid crisis with a heavy loss in the first half.

How is he doing today?

Jacques ASCHENBROICH.

- There are two ways of analyzing Valeo's sales in the third quarter: one reflects its strong rebound capacity and its strengths in the current context;

the other recalls the unprecedented nature of the crisis we are going through and the uncertainties weighing on the market.

Fortunately, the automotive market recovered in the third quarter.

Our turnover increased by 70% compared to the second quarter, driven by our electrification and driving assistance technologies.

Several markets are already superior to last year.

In China, the increase is 7%.

In North America it is 0.5%.

In contrast, Europe

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Source: lefigaro

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