VALEO HONORED BY GENERAL MOTORS FOR THE 5TH YEAR

 in a row  Business Editors  PARIS--(BUSINESS WIRE)--May 27, 1997--General Motors has just announced its 1996 GM Supplier of the Year Awards which reward its best suppliers every year.  Valeo Electrical Systems won an award for both the starter motors produced at its Isle d'Abeau (France) site which it supplies to GM Opel Europe and for the alternators manufactured at its Etaples (France) site which are delivered to General Motors North American Operations.  The winners were selected from a General Motors supplier base of over 30 000 supplier companies throughout the world by international teams of purchasing, engineering, quality and manufacturing people from General Motors operations around the world.  The Supplier of the Year awards became an international award in 1992.  Valeo is one of 18 suppliers to General Motors worldwide to have won the award for the 5th year in a row.  Valeo is an independent automotive components and systems at the service of all automakers worldwide.  Group sales amounted to FF 28.8 billion in 1996 and increased by 13% in the first four months of 1997.  Valeo has 107 production plans and R & D centers in 19 countries and employs 35,000 people.    
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