Valeo ahead of schedule with cost reduction program, CEO says
Published by Global Banking & Finance Review®
Posted on May 22, 2025
1 min readLast updated: January 23, 2026

Published by Global Banking & Finance Review®
Posted on May 22, 2025
1 min readLast updated: January 23, 2026

Valeo is progressing faster than planned with its cost reduction strategy, aiming for €150 million in savings this year and over €300 million annually by 2026.
PARIS (Reuters) -French carmaker Valeo Valeo is ahead of schedule with its cost reduction program, which will be rolled out by Summer, Chief Executive Christophe Perillat told shareholders on Thursday.
Valeo targets 150 million euros in cost cuts this year and over 300 million euros per year from 2026.
(Reporting by Gilles Guillaume, Writing by Dominique Vidalon;Editing by GV De Clercq)
Valeo targets 150 million euros in cost cuts this year.
The cost reduction program will be rolled out by Summer.
Valeo aims for over 300 million euros in cost cuts per year starting from 2026.
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