Valeo Q1 2023 sales up 15% to EUR 5.5 bn, Auto News, ET Auto
Automotive production was up 6% compared with the same period in 2022. Sales for Valeo in the first quarter of 2023 was up 15 % to EUR 5,482 million, lifted by the acceleration in ADAS and high-voltage electric powertrain system, the company said in a media release.Christophe Périllat, Valeo’s Chief Executive Officer, said, "Our first-quarter sales, up 15% to 5.5 billion euros, reflect a solid start to 2023 for Valeo. This performance was supported by the acceleration…