Valeo hopes to live up to its name, which in Latin means, "I am doing well." The company is one of Europe's largest car parts suppliers, making components for most global car makers. Valeo operates four business groups: Comfort and Driving Assistance Systems (interior controls, security systems); Powertrain Systems (engine and electrical systems, transmissions); Thermal Systems (climate control, compressors, engine cooling); and Visibility Systems (lighting systems, wiper systems). Valeo Service distributes products to the automotive aftermarket. Valeo has about 136 production sites in 29 countries. Its Chairman and CEO is Jacques Aschenbroich.