"This technology meets end user needs for reducing fuel consumption and CO2 emissions, at affordable cost," says Valeo's Chairman & CEO, Thierry Morin.

Ever growing urban populations are making cities increasingly congested. The usefulness of the Stop-Start function becomes evident as it is estimated that, in cities, a car spends up to one-third of its time at a standstill with the engine idling unnecessarily. Under these conditions of congested city driving, fuel savings can achieve 25%. Valeo expects the system to become widely available on all types of vehicles worldwide

Valeo's micro-hybrid system already equips the Citroen C2 and C3 and the smart mhd. Valeo has also won a contract from PSA Peugeot Citroen to equip more than a million vehicles with StARS by 2011.

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 122 production sites, 61 R&D centers, 9 distribution platforms, and employs 60,000 people in 27 countries.

For all additional information, please contact:

Claire Vidal Pilo, Product and Technology Media Relations, Tel.: +33-1-40-55-21-26, claire.vidal-pilo@valeo.com

Sylvie Delion, Product and Technology Media Relations, Tel.: +33-1-40-55-20-96, sylvie.delion@valeo.com

http://www.valeo.com

SOURCE Valeo Management Services