Valeo Receives 2007 Renault Supplier Quality Award and Announces Record Quality Level in 2007

Paris (ots/PRNewswire) - Valeo announces that it has received a
2007 Supplier Quality Award from Renault, recognizing the excellent
quality of the engine cooling products delivered by its European
Division.

The third annual Renault Supplier Awards were presented by Carlos
Ghosn, President; Odile Desforges, Senior Vice-President in charge of
Purchasing and Chairman & Managing Director of RNPO (Renault-Nissan
Purchasing Organization); and Yann Vincent, Senior Vice-President in
charge of Quality. They were awarded to suppliers who demonstrated
outstanding performance and actions in favor of quality, which is one
of the priorities of Renault's Commitment 2009.

In addition to the quality of parts delivered, the award also
recognizes a supplier's reactivity and its customer satisfaction
performance.

"We are honored to receive this important award from Renault,
which acknowledges the major efforts our Group has made in improving
quality over the past few years," said Thierry Morin, Valeo Chairman
& CEO. "All Valeo employees have an obsession for quality and this
has enabled us to achieve our lowest ever level of customer returns
in 2007."

The Valeo Group as a whole has slashed its level of customer line
returns (measured in ppm, or defective parts per million) by 95% in
five years, reaching the historically low level of 10 ppm at end
2007; 65% of Valeo's 125 sites worldwide have achieved less than 10
ppm and 14% have reached zero ppm, which is the Group's ultimate
goal.

Valeo is an independent industrial group dedicated to the design,
production and sale of components, integrated systems and modules for
cars and trucks. It is one of the world's leading automotive
suppliers. The Group has 125 production sites, 62 R&D centers, 9
distribution platforms, and employs 61,200 people in 28 countries.

For more information about the Group and its activities,
please visit our web site http://www.valeo.com

For further information, please contact:
Antoine Balas,
Corporate Media Relations,
Phone: +33-1-40-55-29-36
Rémy Dumoulin,
Investor Relations,
Phone: +33-1-40-55-29-30

ots Originaltext: Valeo Management Services
Im Internet recherchierbar: http://www.presseportal.de

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For further information, please contact: Antoine Balas, Corporate
Media Relations, Phone: +33-1-40-55-29-36; Rémy Dumoulin, Investor
Relations, Phone: +33-1-40-55-29-30


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