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    <link:loc xlink:type="locator" xlink:label="loc_valeo_DettesLieesAuxOptionsDeVenteAccordeesAuxDetenteursDeParticipationsNeDonnantPasLeControlePartAMoinsDUnAn" xlink:href="valeo-2022-12-31.xsd#valeo_DettesLieesAuxOptionsDeVenteAccordeesAuxDetenteursDeParticipationsNeDonnantPasLeControlePartAMoinsDUnAn"/>
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    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities"/>
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    <link:label id="lab_valeo_Ias29InformationFinanciereDansLesEconomiesHyperinflationnistesMember_documentation_fr" xlink:label="lab_valeo_Ias29InformationFinanciereDansLesEconomiesHyperinflationnistesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="fr">Ias 29, Information Financiere Dans Les Economies Hyperinflationnistes</link:label>
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    <link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_e7d9bdab-0763-4a99-b2f1-d0fd7f07e9f5_totalLabel_fr" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="fr">Augmentation (diminution) de la trésorerie et des équivalents de trésorerie après effet des variations des taux de change</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents"/>
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    <link:label id="lab_valeo_ValeoSiemensEAutomotiveMember_label_fr" xlink:label="lab_valeo_ValeoSiemensEAutomotiveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="fr">Valeo Siemens eAutomotive [Member]</link:label>
    <link:label id="lab_valeo_ValeoSiemensEAutomotiveMember_documentation_fr" xlink:label="lab_valeo_ValeoSiemensEAutomotiveMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="fr">Valeo Siemens eAutomotive</link:label>
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