Yes, it meets Dexos standards, Valvoline 0W40, European, is a "full synthetic", see the FAQ excerpt below from the Valvoline site and link to the same.
"Which Valvoline motor oils meet GM standard dexos 1™ Gen 3 standard
The following Valvoline motor oils meet or exceed the requirements of GM standard dexos 1™ Gen 3: • Extended Protection Full Synthetic • Advanced Full Synthetic • Valvoline Full Synthetic"
From precision engineering to performance-driven powertrains, European cars have a sleek sophistication and different motor oil requirements than American or Asian manufacturers. Valvoline European Vehicle Full Synthetic 0W-40 Motor Oil is engineered for the unique performance specifications and...
shop.valvolineglobal.com