Hella Sales Burdened by Supply Bottlenecks

The currency and portfolio-adjusted sales of the Hella Group fell accordingly in the first half-year (June until November 2021) by 2.6 per cent to € 3bn, while sales declined by 2 per cent. Due to the reduced sales volumes and increasing cost pressure, the adjusted earnings before interest and taxes (adjusted EBIT) fell to €156m…

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Hector Fratty

Hector Fratty, DrivingVisionNews President and Founder has been for his entire career in automotive lighting. From 1995 to 2006, he was Valeo Lighting Systems’ chief of R&D, managing a staff of 650 engineers and technicians and a budget of over €70m. He holds 20 patents worldwide. In 2008, after 2 years’ consultancy, he initiated the launch of Driving Vision News, a news pipeline dedicated to keeping the lighting and driver assistance community informed of the latest progress and development in the industry. Hector Fratty presides over the highly‐regarded biennial VISION Congress international automotive lighting and driver assistance symposium. Hector Fratty is also a member of the ISAL steering committees.