Tuesday, July 21, 2020

Valeo swings to first-half loss, cuts costs due to coronavirus hit

The French supplier's loss of $1.4 billion was impacted by $716 million in one-off charges in the period. It said business had picked up China and the United States but the recovery was slower elsewhere, including in Europe.



from Section Page News - Automotive News https://ift.tt/3hl0T2f

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