Valeo’s official first-quarter 2011 results show another quarter of market-leading performance, with consolidated sales up 15% and OE sales up 19% despite a 22% decline in OE sales in Japan.
CEO Jacques Aschenbroich says: “Our performance for the period once again demonstrated our ability to grow significantly faster than the market in all of our businesses and production regions. I’m confident that we will continue to outperform the market throughout the rest of the year.”
