“DIGITAL TECHNOLOGY IS SET TO DISRUPT THE MOBILITY MARKET, WE MUST SEIZE THIS OPPORTUNITY AND CONTINUE TO INNOVATE”
Consumers may dream about connected cars, but their concern is to have a car that does not pollute the air – another of your focus areas.
J.A. – Non-polluting vehicles are a key pillar of our Research and Development strategy. We are constantly seeking solutions that offer both performance and lower fuel consumption. Our investment in this area enables us to remain at the cutting edge of powertrain innovation, particularly through the optimization of vehicle thermal systems and hybrid engine-related technologies.
VALEO / 2015 ACTIVITY AND SUSTAINABLE DEVELOPMENT REPORT
What is Valeo’s outlook for 2016 and what is your vision for the Group in the medium term?
J. A. – Based on the assumption that global automotive production grows by around 2.5%, we expect another year of strong sales growth, with market-beating performances in the main automotive production regions, including in China. In 2016, this growth should once again allow us to slightly improve our operating margin, despite the expected increase in net Research and Development expenditure required to fuel the Group’s future growth. Our order intake in 2015 confirms that we are on track to achieve our 2020 objectives, presented in spring 2015, which include outperforming automotive produc tion by five percentage points and generating operating margin of between 8% and 9%. For all of these reasons I remain extremely optimistic about Valeo’s future and am confident in our employees’ ability to rise to the challenges that lie ahead.