ROCHESTER, MI – Valeo SA of France expects that incremental improvements to the gasoline engine will yield greater near-term benefits than hybrid-electric vehicles (HEVs) and fuel the company’s growth in North America. Despite their fuel efficiency and acceptance as near-term alternatives for energy conservation, HEVs remain expensive to produce and represent only a small fragment of the North American vehicle market. Diesel engines also offer considerable fuel economy improvements, yet ...

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