Valeo CEO Christophe Perillat says Europe needs U.S.-style measures to compete with China

Christophe Perillat, chief executive officer of Valeo at the Paris Automotive Summit during the 2024 Paris Motor Show. — Valeo CEO Christophe Perillat: “We are witnessing a Chinese initiative in Europe like never before — technologically, financially, and in terms of pricing.” (BLOOMBERG)

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November 18, 2024 03:28 PM

Valeo CEO Christophe Perillat issued a stark warning to European leaders about the growing competitive threat from China.

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