Valeo have released their 2019-year results with an outperformance of 8 percentage points in the second half and 6 percentage points for the whole of the year. 2019 sales came to €19.48 billion, in line with the forecast. 2020 outlook Valeo expects automotive production to be down by 2% in 2020. Excluding the possible impact…
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.