Valeo exits Russian production activities: Propulsion systems sold to NPK Avtopribor
French automotive giant Valeo has inked a deal to divest its Powertrain Systems production assets in Russia to NPK Avtopribor. This latest corporate shakeup underscores Valeo’s commitment to reshaping its footprint in the global automotive market. The completion of this high-profile transaction awaits the necessary regulatory green lights. A silver lining for the local workforce, […]