Valeo SA plans to cut about 1,000 jobs in Europe and close two plants in France, citing a gloomy outlook for the car industry and a loss of competitiveness in the region in the face of cheaper Chinese ...

French car parts supplier Valeo is set to cut around 1,000 jobs across Europe, including more than 800 in France, with additional staff reductions in Germany, Poland, and the Czech Republic, reported ...

Spanish unions have rapped Valeo for unfairly eliminating 2,700 jobs since it began shifting vehicle components production to cheaper outposts in Morocco and Eastern Europe in 2001. In a statement, ...

FRENCH car parts supplier Valeo will cut around 1,000 jobs in Europe, sources said, and the restructuring move will also result in Valeo closing two sites in France. The job cuts will impact more than ...

Ireland’s Valeo Foods Group has reportedly cut jobs at a confectionery plant in the UK. Local newspaper Wakefield Express said the private-equity-owned Valeo had made 37 staff at its site in the ...

Automotive supplier Valeo is to invest €44m in a research, development and innovation programme, creating 50 jobs in Tuam, Co Galway. The investment will build on the group’s capability in Advanced ...

Automotive supplier Valeo is to invest €44m in research and development which will lead to the creation of 50 jobs in Tuam in the next three years. The company said the move will build on its ...

French auto parts supplier Valeo SA announced they will cut 5,000 jobs worldwide as a response to the decline of the economic stability. The company said that the drop in output will reduce the ...