Volkswagen and Valeo Earn a 2013 Automotive News PACE Innovation Partnership
Award for the Water Charged Air Cooled Air Intake Module
TROY, Mich., April 16, 2013
TROY, Mich., April 16, 2013 /PRNewswire/ -- Volkswagen and Valeo have earned a
2013 Automotive News PACE (Premier Automotive Suppliers' Contribution to
Excellence) Innovation Partnership Award for its collaboration on developing a
new Water Charged Air Cooled (WCAC) Air Intake Module (AIM) for Volkswagen's
4-cylinder 1.6 and 2.0 TDi modular engines. Called "SiLLK" (Saugrohr
integrierter Ladeluftkuhler) by the OEM customer, the compact and powerful
Valeo AIM promotes engine downsizing for fuel consumption (CO) and
emissions (NO[x]) reductions to help vehicles meet worldwide emissions
"A strong, collaborative partnership between the OEM customer and the Supplier
is essential to bringing game-changing innovations to market," said Valeo
Powertrain Thermal Systems Research and Development and Marketing Director
Georges De Pelsemaeker. "It is an honor to receive this award. It helps
recognize almost a decade of charged air cooling and engine cooling
development activities with our valued customer."
The compact AIM uses a highly effective fluid coolant heat exchanger
integrated into the intake manifold to minimize air pressure losses and reduce
turbo lag during acceleration. The AIM not only accommodates the throttle
body and Exhaust Gas Recirculation (EGR) valves produced by Valeo Powertrain
Systems, it also provides vehicle manufacturers with additional packaging
space and flexibility under the hood.
"The distinguished PACE Award is good indicator that Volkswagen is on the
right path with its clean diesel strategy," said Oliver Schmidt, general
manager, Environmental and Engineering Office, Volkswagen Group of America.
"Volkswagen is proud to have found a partner with Valeo that is capable to put
the innovations into production in order to deliver advanced technology to
customers in our lineup of clean-diesel, fuel-efficient vehicles."
Valeo accepted the honor with Volkswagen at the 2013 Automotive News PACE
Awards ceremony on April 15, 2013 at the Max M. Fisher Music Center in
Detroit. The Automotive News PACE Awards honor superior innovation,
technological advancement and business performance among automotive suppliers.
In the past, Valeo won PACE awards in 2012 for its Aquablade wiper system;
2008 for its Park4U® park assist system; 2007 for its Multi-Beam Radar (MBR)
blind-spot radar sensor; 2006 for its StARS micro-hybrid system; and, 2005 for
its LaneVue™ lane departure warning system.
Valeo is an independent industrial Group fully focused on the design,
production and sale of components, integrated systems and modules for the
automotive industry, mainly for CO emissions reduction. Valeo ranks among
the world's top automotive suppliers. The Group has 125 plants, 21 research
centers, 40 development centers, 12 distribution platforms and employs 72,600
people in 29 countries worldwide.
In North America, Valeo's regional headquarters are located in Troy, Mich.,
and the company has 16 production sites and seven research and development
centers. The company employs approximately 9,500* people across the United
States (2,275) and Mexico (7,167).
The company's innovative solutions are developed by four business groups -
Powertrain Systems, Thermal Systems, Comfort and Driving Assistance Systems
and Visibility Systems. Valeo's key products support and advance automotive
electrical systems; transmission systems; engine management systems; air
management systems; hybrid and electric vehicle systems; climate control;
powertrain thermal systems; compressors; front-end modules; driving
assistance; interior controls; interior electronics; lighting systems; wiper
systems; and, wiper motors.
More information about the Valeo Group and its activities can be found on the
Internet at www.valeo.com
*Total number of employees as of end of year 2012 (Dec. 31, 2012).
For more information, please contact:
Phone: (248) 619-8377
Safe Harbor Statement
Statements contained in this report, which are not historical fact, constitute
"Forward-Looking Statements". Even though Valeo's management feels that the
Forward-Looking Statements are reasonable, investors are put on notice that
actual results may differ materially due to numerous important factors, risks
and uncertainties to which Valeo is exposed. Such factors include, among
others, the company's ability to generate cost savings or manufacturing
efficiencies to offset or exceed contractually or competitively required price
reductions. The risks and uncertainties to which Valeo is exposed mainly
comprise the risks resulting from the investigations currently being carried
out by the anti-trust authorities as they have been identified in the
Registration Document, risks which relate to being a supplier in the
automotive industry and to the development of new products and risks due to
certain global and regional economic conditions. Also included are
environmental and industrial risks as well as risks and uncertainties
described or identified in the public documents submitted by Valeo to the
French "Autorite des Marches Financiers" (AMF), including those set out in the
"Risk Factors" section of Valeo's Registration Document registered at the AMF
on March29,2012 (ref. no. D.12-0237). The company assumes no responsibility
for any estimates made by analysts and any other information prepared by third
parties which may be used in this report. Valeo does not intend or assume any
obligation to review or to confirm the estimates of analysts or to update any
Forward-Looking Statements to reflect events or circumstances which occur
after the date of this report.
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