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Japan's No. 3 car light maker aims high with French partner

Ichikoh and Valeo hope to re-energize alliance with ownership shake-up

Ichikoh Industries, Japan's third-largest auto lamp manufacturer, welcomes Heiko Sauer as its new president.

TOKYO -- Ichikoh Industries, Japan's third-largest auto lamp manufacturer, will welcome Heiko Sauer as its new president and COO in June. Sauer will be the second chief who comes from Ichikoh's French parent Valeo, after current president Ordoobadi Ali.

In January this year Ichikoh became a Valeo subsidiary as the French parts maker raised its ownership in the Japanese manufacturer from 32% to 55%. The two plan to fundamentally review their strategies and work together better to expand further in the global market. Next-generation technologies will be a main focus.

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