Important Reorganization of Valeo to Enhance Profitability and Improve Efficiency

Paris (ots/PRNewswire) - Valeo today announced an important
change in its organizational structure in order to enhance
profitability and improve the Group's efficiency given the growing
globalization of its markets and customers. The new simplified
structure, organized around four Business Groups and a strengthening
of the role of the country organizations, is designed to accelerate
the growth of the Group's product families in all of its markets and
improve efficiency.

Four new Business Groups are created integrating the existing
product families and the Domains.

Comfort and Detection Systems regroups the product families of
Interior Controls and Security Systems as well as the Driving
Assistance Domain organization. These product families relate to the
driver's interface with his environment and the vehicle and
contribute to enhanced comfort and safety. Christophe Perillat is
appointed Vice-President of this Business Group in addition to his
responsibility as VP of the Interior Controls product family.

Powertrain Systems regroups the Engine and Electrical Systems and
Transmissions product families as well as the Powertrain Efficiency
Domain organization. The product families in this Business Group are
key for the reduction of energy consumption and CO2 emissions.
Michael Schwenzer is appointed Vice-President for this Business Group
in addition to his responsibility as VP of the Transmissions product
family.

Thermal Systems regroups the Climate Control, Compressors and
Engine Cooling product families as well as the Comfort Enhancement
Domain organization. These product families contribute in particular
to cabin comfort and the reduction of energy consumption. Alain
Marmugi is appointed Vice-President for this Business Group in
addition to his responsibility as VP of the Climate Control product
family.

Visibility Systems regroups the Lighting Systems and Wiper
Systems product families. This Business Group contributes to driver
safety through a better visibility for the vehicle and the driver.
Antoine Doutriaux is appointed Vice-President for this Business Group
in addition to his responsibility as VP for the Wiper Systems product
family.

"Valeo's organization in eleven Branches is no longer adapted to
the globalization of our customers and our markets," said Jacques
Aschenbroich, CEO of Valeo. "I am convinced that this new
organization will enable the Group to better respond to the
challenges of the automotive industry by identifying strong synergies
and by managing more efficiently and in closer proximity to our
customers in markets with high growth potential."

The role of the Business Group Vice-Presidents is to focus on
product family profitability, to identify new business development
opportunities and synergies within their organizations. The Business
Group Vice-Presidents report to Luc Bleriot, Chief Operating Officer.

At the same time, the role of the National Directorates is being
reinforced to ensure that the presence of the Group alongside
national automakers is strengthened and to optimize organizational
efficiency.

The Group's social partners will be informed and consulted as
appropriate.

Valeo is an independent industrial Group fully focused on the
design, production and sale of components, integrated systems and
modules for cars and trucks. Valeo ranks among the world's top
automotive suppliers. The Group has 122 plants, 61 R&D centers, 10
distribution platforms and employs around 49,000 people in 27
countries worldwide.

For more information about the Group and its activities,
please visit our web site http://www.valeo.com.

ots Originaltext: Valeo Management Services
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For additional information, please contact: Kate Philipps, Group
Communications Director, Tel.: +33-1-40-55-20-65; Thierry Lacorre,
Group Investor Relations Director, Tel: +33-1-40-55-37-93