Valeo: sales decline as the auto market remains weak

Valeo reported lower sales, a sign that the European and global car market is still struggling to recover. The French automotive supplier continues to be hit by weak demand, with deliveries and production still subdued.

For the sector, the message is clear: the rebound is uneven, and suppliers remain exposed to a difficult environment. In Italy too, where the car industry plays a major industrial role, lower volumes are weighing on the supply chain and investment.