Exhaust system and towbar manufacturer Bosal has announced a senior appointment within the Automotive Division of its Preston-based UK operations. Peter Hayden, 46, has been appointed sales and marketing director. He joins Bosal UK on 6 April 2010, moving from his current position of commercial director at Valeo Service UK. In his new role, Hayden will be responsible for Bosal UK’s commercial functions including, sales, marketing and supply.
Valeo and Groupe Michelin are combing efforts to develop electric and rechargeable hybrid vehicle systems. The pair will work on such systems as drive train, engine and battery cooling management, climate control, lighting, energy management and tyres.
“Michelin and Valeo are convinced that by joining forces they will help to accelerate the emergence of electric vehicles in France and worldwide,” the companies said in a statement. (Tire Review/Akron)
According to news published by French daily Les Echos, French automotive components manufacturer Valeo is conducting exclusive talks with German component maker Leoni regarding the potential sale of Valeo’s electrical wiring business.
The electrical wiring business unit generates annual sales of 545 million euros and employs 12,000 staff. The sale of this unit would reportedly enable Valeo place a greater focus upon its core businesses; comfort enhancement, driving assistance and powertrain efficiency.
Hayes Lemmerz International has appointed John Stephenson as vice president of the Steel Wheel Operations for the company’s International Wheel Group, effective immediately. Mr. Stephenson will report directly to International Wheel Group President Fred Bentley. Mr Stephenson will have responsibility for the company’s International Steel Wheel businesses with operations in Germany, Spain, Czech Republic, and India.
Jean Pierre Dolait has been appointed as Vice President Sales and Marketing, Aftermarket Tenneco Automotive ( Monroe brand suspension products and Walker exhaust systems). Previously at Valeo, Dolait reports to Tenneco’s General Manager, Aftermarket, Don Miller.
Thierry Leblanc (41) is joining the ArvinMeritor group as European Sales and Marketing Director for the Light Vehicle Aftermarket division (shock absorbers, exhaust systems, catalytic converters and filters). Mr Leblanc joins from Valeo Windscreen Washing Systems where he was Aftermarket Director. He succeeds Fabrice Rosi, who remains a consultant at sales and marketing level to the ArvinMeritor Light Vehicle Aftermarket division.
Four companies – SKF, Tenneco Automotive, TRW and Valeo – have signed a memorandum of understanding to develop plans to enhance the services offered to their European automotive aftermarket customers. The companies will investigate opportunities to share skills and resources in the fields of training, technical support services and logistics, especially transportation. The four companies will remain independent. Any alliance between the companies resulting from the initial investigation will be subject to the necessary government approvals.
There is speculation among analysts that Michelin and Valeo could be dropped from the CAC 40. Continental has been ousted from the DAX Index and Goodyear from the Dow Jones Index recently.
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