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Valeo earns five
awards from Toyota, including the top quality award
Valeo announced today that it has
earned five awards from Toyota Motor Europe, including the
Superior Performance Award in Quality.
The awards, presented yesterday at
Toyota's Annual Business Meeting in Brussels, are the following:
A Superior Performance Award,
in the Quality category, given to the Valeo Group. This is the
highest recognition offered by the Japanese carmaker to a
supplier.
An Achievement Award, in
the Cost Management category, given to the Valeo Group.
An Achievement Award, in
the Project Management category, given to Valeo Lighting
Systems.
Two Recognition Certificates,
in the Supply category, given to Valeo Security Systems and to
the Valeo Transmissions Amiens site.
“Toyota is one of the most
demanding automotive manufacturers in the world. These
prestigious awards demonstrate the huge progress made by Valeo
in recent years in drastically improving its quality to reach
world class levels,” said Thierry Morin, Chairman and CEO of
Valeo. “It is great recognition for all Valeo employees for whom
quality is a daily obsession.”
The Superior Performance Award
recognizes the quality performance of all 19 Valeo manufacturing
sites supplying Toyota’s plants in Europe, which significantly
decreased their annual ppm (rejected parts per million) and dpm
(delivery performance per million) levels over a three-year
period. Last year, Valeo received two Superior awards from
Toyota for the quality performance of the Valeo Transmissions
Amiens and Valeo Lighting Angers sites.
Eight Valeo Product Families today
equip Toyota vehicles produced in Europe, including the
successful Aygo and the new Auris models.
At Group level, Valeo reached the
historically low level of 15 ppm in customer line returns at the
end of 2006, compared to 53 ppm three years ago. Nearly 50% of
Valeo sites are now constantly below 10 ppm.
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