Valeo Park4U(TM) Selected as "2008 Automotive News PACE Award" Finalist
07/11/2007 19:12
PR Newswire
PARIS, November 7 /PRNewswire/ -- Valeo announces today that its Park4U(TM) system has been
selected as a finalist for the 2008 Automotive News PACE Awards in the
Product Europe category. This ultrasonic technology-based driving assistance
system, a world premiere, automatically steers the car into the parking slot
in a few seconds. Drivers can take their hands off the wheel, but keep their
eyes on the road as they control the braking and acceleration of the
operation at any time.
The PACE Award, jointly presented by Automotive News,
Microsoft, SAP and Transportation Research Center Inc., is viewed around the
world as the industry symbol of innovation. This nomination follows three
successive years of PACE Awards won by Valeo: in 2005 for the Lane Departure
Warning System, in 2006 for the StARS mico-hybrid system and in 2007 for
Blind Spot Detection system.
This announcement also follows a series of success for
Park4U(TM). First equipped on the Volkswagen Touran, the Park4U(TM) system
now also equips the Tiguan and the Cross Touran. Nine new contracts with five
European car brands were also recently announced. Last September during the
IAA Frankfurt Auto Show, Valeo successfully presented the new functionalities
of the system to the press and professionals, and received enthusiastic
feedback from the general public.
Valeo is an independent industrial group dedicated to the
design, production and sale of components, integrated systems and modules for
cars and trucks. It is one of the world's leading automotive suppliers. The
Group has 136 production sites, 68 R? centers, 9 distribution platforms, and
employs 74,800 people in 30 countries.
For all additional information, please contact:
Claire Vidal-Pilo
Media relations
Tel: +33-1-40-55-21-26
claire.vidal-pilo@valeo.com
Sylvie Delion
Media relations
Tel: +33-1-40-55-20-96
sylvie.delion@valeo.com
For more information about the Group and its activities,
please visit our web site http://www.valeo.com
For all additional information, please contact: Claire Vidal-Pilo, Media relations, Tel: +33-1-40-55-21-26, claire.vidal-pilo@valeo.com; Sylvie Delion, Media relations, Tel: +33-1-40-55-20-96, sylvie.delion@valeo.com