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Mileage was estimated to be about 3.5 L/100 km or 80 miles per gallon for city driving if installed in a Citroën C3.[82]. Groupe PSA, legally known as Peugeot S.A. (French pronunciation: [ɡʁup pe ɛs a]; Peugeot Société Anonyme, also known as the PSA Group in English; formerly known as PSA Peugeot Citroën from 1991 to 2016), is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroën, DS, Opel and Vauxhall brands. [34][35][36], GM reported a loss of US$257 million from its European operations on 2016, sixteenth consecutive loss-making year for GM in Europe, bringing its amount of losses on the continent since 2000 to more than US$15 billion. The Group has five car brands, Peugeot, Citroën, DS, Opel and Vauxhall and provides a wide array of mobility and smart services under the Free2Move brand. [68] It produces cars of the DS Automobiles brand. [71], The head office of PSA Group is located in Rueil-Malmaison. Streiff was sacked on 29 March 2009, a day after the company posted a full year loss for 2008. Market Research Report Summary. The alliance was intended to enable $2 billion per year of cost savings through platform sharing, common purchasing and other economies of scale. In 1992 SCM-CLM as it was then known became Peugeot Citroën Moteurs.[53]. PSA also sell their engines, gearboxes and other parts to small independent manufacturers such as DeLaChapelle and PGO. Following Dongfeng and the French government each acquiring stakes in Groupe PSA, various cost-cutting measures at the company turned its fortune around and gradually reduced PSA's debt, until the company began to turn a profit beginning in 2015. Groupe PSA : On 9 April 1976[20] they increased their stake of the then bankrupt company to 89.95%, thus creating the PSA Group (where PSA is short for Peugeot Société Anonyme), becoming PSA Peugeot Citroën. Producing Peugeots in Ryton was significant, as it signaled the first time that PSA would build cars in the UK (car assembly at Ryton stopped in 2006 and the plant was closed). Changan PSA is a 50–50 joint venture with the Chinese Chang'an Automobile Group, based in Shenzhen with an initial annual production capacity of 200,000 vehicles & engines. Each shareholder holds 50% of PSA … Cartographie Peugeot Organigramme Chine.png 1,619 × 1,305; 78 KB The resulting company is called TPCA (Toyota Peugeot Citroën Automobile). Peugeot, Citroën, Chrysler Europe and DS vehicles have won many awards for their vehicles including: ten times the European Car of the Year award, 12 times the "Car of the year" Auto Europa award in Italy, 18 times the "car of the year" in Spain, and five times the "Irish Car of the Year" award. PSA Group has 211,000 employees at their 1 location and €56.28 B in annual revenue in FY 2015. Saft is powering industry and smarter cities, while providing critical back-up functionality in remote and harsh environments from the Arctic Circle to the Sahara Desert. Saft is a wholly-owned subsidiary of Total, a major energy player that produces and markets fuels, natural gas and low-carbon electricity. [26][27], On 24 October, PSA said it was close to an agreement with creditor banks on €11.5 billion ($14.9 billion) of refinancing and had won state guarantees on €7 billion in further borrowing by its Banque PSA Finance. [56], Process Conception Ingénierie (PCI) is a French-based manufacturer of machine-tools for the automotive and aircraft industry. Jean-Martin Folz was PSA's CEO between 1996 and early 2007, when he was replaced by former Airbus head Christian Streiff. [81] The vehicle uses nitrogen gas compressed by energy harvested from braking or deceleration to power a hydraulic drive which supplements power from its conventional gasoline engine. Opel Automobile GmbH (German pronunciation: ), usually shortened to Opel, is a German automobile manufacturer subsidiary of Groupe PSA since August 2017. Citroen Australia; Citroen Germany; Citroen UK; Free2Move; Free2Move Lease; Opel. [17][18] On 16 July 2020, both companies announced they intend to name their merged operations Stellantis. Beginning in 2016, PSA began to outline a strategy which entailed the rapid expansion of the company, through both geographic expansion and acquisitions of other car companies. The hydraulic and electronic components were supplied by Robert Bosch GmbH. In 2008, the company investigated the option to buy Mitsubishi Motors but a deal could not be concluded and was called off in 2010. Automobiles Citroën, Automobiles Peugeot, and DS Automobiles remain in operation in relation to specific retail operations in various countries but not in the development or manufacture of vehicles. That license was later withdrawn for Europe, though production of bicycles for export continued for another year. You can manage your preferences and choose how your personal data is used for each of the purposes stated below. [77], PSA invested ₹4 billion establishing new plant in Chennai, India[78], The group announced on 29 November 2016 at the Tunisia's investment conference 2020 it will open a factory plant in the country in mid-2018. On 31 October 2019, FCA announced intent to merge with Groupe PSA (owner of the Peugeot and Citroën brands among others) on a 50-50 all stock basis. Fiat Chrysler Automobiles and Groupe PSA, the French maker of Peugeot and Citroën cars, expect their merger to be complete on January 16th, the … Headquartered in Rueil-Malmaison, PSA, with sales of 3.88 million units in 2018,[12] was the third-largest Europe-based automaker, just a fraction behind Renault.[13]. In 2001, ProCycle discontinued the Peugeot bicycle brand. The joint venture with Iran Khodro was established in 2016 and produces some Peugeot models and imports other models in CBU for Iran market. [21] Since Citroën had two successful new designs in the market at this time (the GS and CX) and Peugeot was typically prudent in its own finances, the PSA venture was a financial success from 1976 to 1979. It was founded by Peugeot in 1898 in Lille and later named Compagnie Lilloise de moteurs (CLM). A number of marques were inherited following the acquisition of Chrysler Europe in 1978, and some were merged to re-establish Talbot, a previously dormant marque. PSA has announced plans to enter the Indian, American, Canadian, ASEAN, and other markets in the coming years. About Groupe PSA. The manufacturer of Peugeot, Citroën and DS Automobiles-branded cars and vans, 100% owned by PSA Group and formed from the combination of Automobiles Citroën and Automobiles Peugeot. Sevel (Société Européenne de Véhicules Légers SA and Società Europea Veicoli Leggeri-Sevel S.p.A.) was established in 1978 and is equally owned by PSA Group (Peugeot Citroën DS) and Fiat. [36], Tavares announced that he wants Opel to keep its German brand identity and to embrace it, and that he would leverage Opel's pedigree of German engineering and Motorsport and use the company's heritage to reach markets and customers that may not consider a French car due to perceived reliability issues. [39], In May 2019 Fiat Chrysler Automobiles (FCA) announced its intention to seek a merger with Groupe Renault. [19] The name Stellantis is derived from the Latin verb "stello" which means "to brighten with stars". Groupe PSA - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. [citation needed], On 17 February 2017, PSA announced its bid to acquire PROTON Holdings, which owns the Proton and Lotus brands, but lost out to Geely a few months later. '"[42] On 4 January 2021, both shareholders of PSA and FCA approve the merger and expected to close the deal on 16 January.[43][44]. From then on, the whole Chrysler/Simca range was sold under the Talbot badge until production of Talbot-branded passenger cars was shelved in 1987 and on commercial vehicles in 1992.[23]. For more information about our personal data policy, see our legal notice and our cookies policy. Q3 2020 Revenue - Groupe PSA Supervisory Board Press Release | Media Groupe PSA. What was to have been the Talbot Arizona became the Peugeot 309, with the former Rootes plant in Ryton and Simca plant in Poissy being turned over for Peugeot assembly from October 1985. [36] He assured the leaders that jobs would be safeguarded and that Vauxhall's Ellesmere Port plant was to be used by PSA at least until 2021. On 31 October 2019, Groupe PSA announced its intention of merging with Fiat Chrysler Automobiles. Besides the eponymous brands, the company also owns the DSA luxury brand, Germany's Opel brand, and the U.K. brand Vauxhall. [40] On 31 October 2019, Groupe PSA announced intent to merge with FCA. The jobs cut was more than previously announced. The basic technology is not new—it has been used in heavy vehicles such as garbage trucks or buses which frequently start and stop—but its application to passenger cars is. It manufactures the Citroën C1, Peugeot 108 and Toyota Aygo.[66]. The PSA Group, a global car manufacturer on the leading edge of efficiency and a provider of mobility solutions acclaimed by its customers. PSA Groupe General Information Description. [citation needed], On 14 February 2017 PSA announced that it was in talks to acquire Opel and Vauxhall Motors from General Motors. [7][8] Peugeot is the largest PSA brand. The PSA Mangualde Plant in Portugal produced its millionth vehicle in 2012. “Information” means any information of any nature, in particular technical, commercial or economic, on … [49][50] In Kazakhstan, assembly of the Peugeot passenger cars will start in June 2013 with a production capacity of 4,000 units per year at the beginning and more than 10,000 units in the near future. All of this investment caused serious financial problems for the entire PSA group; PSA lost money from 1980 to 1985. [80], PSA Group exhibited the "Hybrid Air" engine, an experimental petro-hydraulic hybrid, at the 2013 Geneva Motor Show. We use cookies to give you the best browsing experience and provide you with more tailored information. A core team has already been set up to build the strategy and steer its execution. “PSA Peugeot Citroën Group” refers to PSA Peugeot Citroën and its Affiliates. European Car of the Year award winners:[83], French automotive manufacturing corporation, Acquisition of 'Ambassador' brand from Hindustan Motors, PSA PowerTrain (Formerly Peugeot Citroën Moteurs), file:///C:/Users/N.Hoebrink/Downloads/Groupe-PSA-Annual-report-2019-incl.-auditors-report.pdf/, Société Anonyme,(Peugeot Anonimous society), Learn how and when to remove this template message, List of manufacturers by motor vehicle production, "PSA returns to French CAC 40 index and may hit operating margin target earlier than planned", "Embattled Peugeot booted from French CAC 40 index", "Peugeot éjecté du CAC 40 : un nouveau coup dur pour l'image du constructeur - Journal Numérique - France-Monde", "WORLDWIDE SALES RESULTS 2018: Groupe Renault sales reached 3.9 million vehicles, up 3.2% with Jinbei and Huasong", "Fiat Chrysler and Peugeot Agree on Terms to Forge New Auto Giant", "Fiat Chrysler, Peugeot owner PSA agree binding merger in $50 billion deal", "European regulators plan longer investigation of FCA, PSA Group merger plans", "EU opens investigation into Fiat Chrysler-PSA merger over commercial van competition", https://www.carandbike.com/news/fca-groupe-psa-merger-officially-named-stellantis-2263662/amp, https://news.google.com/newspapers?id=MZxAAAAAIBAJ&sjid=GKUMAAAAIBAJ&pg=6208,1716150&dq=citroen&hl=en, "July 3, 2012 - Peugeot to Raise French Workforce Cuts to 10,000, Union Says", "Peugeot Citroën may cut 5000 jobs in Europe", "Peugeot gets government rescue as crisis deepens", "Peugeot Plunges After GM Sells Entire 7% Holding", "Peugeot signs rescue deal with China's Dongfeng Motor", "Zipcar is about to face an unlikely new competitor", "Iconic Ambassador car to make a come back in India: Here's all you need to know", "Karl-Thomas Neumann im Interview: Die Zukunft von Opel - auto motor und sport", http://www.autoguide.com/auto-news/2017/03/gm-officially-sells-opel-to-france-s-psa-group.html, "Opel-PSA Group Plans Job Cuts in Vienna", "Peugeot in talks to buy GM's Vauxhall and Opel business", "Groupe PSA special report: Refait à neuf", "Geely acquires Proton stake for RM460mil", "French politics killed the Fiat Chrysler-Renault merger", "Fiat Chrysler and Peugeot owner agree deal to create world's third largest automaker", "STELLANTIS: The name of the new group resulting from the merger of FCA and Groupe PSA", "Fiat Chrysler and Peugeot shareholders vote to merge, creating world's fourth-largest car maker", "Stellantis merger to close on Jan. 16 after PSA, FCA shareholders approve", "French carmaker Peugeot fires CEO to weather crisis", "Peugeot signs Dongfeng deal, recovery hurdles remain", "PSA and Saipa sign up to joint production in Iran | Article | Automotive Logistics", "DCPA inaugurates fourth plant in China to meet SUV demand | Article | Automotive Logistics", "Peugeot-Citroen to Invest €650 Million in Indian Assembly Plant", "PSA and CK Birla to start joint production operations in India | Article | Automotive Logistics", "Peugeot-Citroën Will Begin Assembly in Kazakhstan in June", "PSA invests in Morocco plant with a view to export | Article | Automotive Logistics", "Ford And PSA Peugeot Citroen Announce Plans For Expansion of Diesel Engine Production", "PSA Peugeot Citroen 1.6-litre turbo petrol", "Company profile_About Us_Jinan Qingqi Motorcycle Co., Ltd", "Russian Railways to keep "most" Gefco staff after sale approval", "Groupe PSA report part 4: Engineering logistics partnerships", "Enterprise Buys Peugeot Rental-Car Unit", "PSA Peugeot Citroën and Mitsubishi Motors Corporation begin production at their jointly owned plant in Kaluga", "IKCO-Peugeot Joint Venture (IKAP) Starts Working", "BMW Group and PSA Peugeot Citroën Create Joint Venture to Enhance Cooperation on Hybrid Technologies", "Fin d'une époque pour PSA qui quitte son siège historique de Paris", "Rueil-Malmaison : 700 salariés du groupe PSA investissent leur nouveau QG", "PSA de Mangualde produz unidade 1.000.000", "Peugeot to set up Rs 4,000-cr plant in Tamil Nadu", "PSA Group bolsters its commitment to Tunisia", "Groupe PSA Chooses Atlanta for its North American Headquarters", "Peugeot's Hybrid Air: the car of the future that runs on air", "Compressing Gas for a Cheaper, Simpler Hybrid", "Peugeot's 308 wins 2014 Car of the Year", Organisation Internationale des Constructeurs d'Automobiles, https://en.wikipedia.org/w/index.php?title=Groupe_PSA&oldid=998580278, Multinational companies headquartered in France, Conglomerate companies established in 1976, Vehicle manufacturing companies established in 1976, Articles with dead external links from December 2017, Articles with permanently dead external links, Articles with dead external links from February 2018, Articles needing additional references from March 2017, All articles needing additional references, Articles with unsourced statements from September 2018, Official website different in Wikidata and Wikipedia, Wikipedia articles with SUDOC identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, Peugeot Citroën Mitsubishi Automotiv Rus (70%), This page was last edited on 6 January 2021, at 01:39. Groupe PSA joins hands with GoMechanic to bring Eurorepar product line in India "With GoMechanic as partner, we are going to offer various kinds of automotive products to all kinds of passenger vehicles in the country," Groupe PSA Senior Vice President, Sales and Marketing India Roland Bouchara told . Groupe PSA on Wikipedia, Google News & Yahoo Finance. The merger would be on a 50-50 all stock basis. In November 2012, PSA sold a 75% share to Russian Railways (RZD) for €800m,[62] but retains Gefco as the main logistics provider.[63]. ... Nations Women Empowerment Principles will provide PSA with an internationally recognized framework to be applied to all subsidiaries and countries of operation. Motaquip is an all-makes aftermarket parts company and was established in the UK by PSA Peugeot Citroën in 1981. With strong iconic brands the aim of Groupe PSA is to provide its customers with unique automotive experiences that bring them freedom and pleasure. Carlos Tavares (M) Chairman of the Managing Board. The Peugeot, Citroën and DS Automobiles brands retain separate sales and marketing structures, but share common technology, development and assembling assets. In December 2014 Motaquip was sold to an outside company to become independent of PSA as "Motaquip Limited". The Kaluga factory was built by the Russian-based joint venture between PSA Peugeot Citroën (70%) and Mitsubishi Motors (30%) established in 2011. Production versions were scheduled for 2015 or 2016 to sell at about US$25,000 or £17,000. [58], PSA owns 57.43% of automotive supplier Faurecia,[59] a company created by a 1997 merger between Bertrand Faure and PSA-owned ECIA. You can manage your preferences for each purpose individually. [29][30], In 2014, Dongfeng Motor Group, the Chinese partner that builds PSA cars in China, and the French government each took a 13% stake in PSA, in a financial rescue operation, reducing the Peugeot family share from 25% to 14%.[31]. Groupe PSA/Opel (Paris:UG) and Total/Saft have signed an agreement for the creation of the joint venture ACC. However, in early June merger talks were suspended, and never resumed. PSA is listed on the Euronext Paris stock exchange and is a constituent of the CAC 40 index.[9][10][11]. Vigo, in Galicia has PSA's biggest factory in the world. Opel France; Opel Netherlands; Opel Sweden; Opel Turkey; Opel Vienna; Vauxhall Motors; Opel Bank; Peugeot France; Peugeot Motor … Groupe PSA – Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. In 1978–79 PSA acquired the European car- and truck-making units and related finance operations of Chrysler Corporation of the United States, changing the names of these PSA subsidiaries to Talbot.In 1991 the company rebranded itself as PSA Peugeot Citroën, and in 2016 it took the name PSA Group. This market research report provides information about Company Reports (Automotive), Automotive industry. There were some bright spots, however: mainly thanks to the success of the Peugeot 205 and in spite of Talbot sales withering away, PSA surpassed Renault in sales in the domestic French market for the first time in 1983. PSA Peugeot-Citroen is Europe's second-largest automaker. [45] Carlos Tavares became CEO in 2014. PSA and BMW have an agreement to develop the 1.6 Prince engine. Yann Vincent has been appointed Chief Executive in order to implement and develop it. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Subscribe to the newsletter to get the latest Group news. Group PSA/FCA Citing increased cost-saving efficiencies Fiat Chrysler Automobiles and French automaker Groupe PSA have announced an agreement to merge, forming the … In Europe, the licence to produce Peugeot-branded bicycles was sold to Cycleurope, a company making bicycles under different names, on condition that it would be reconsidered in 2004. Chrysler Europe marques included the British Sunbeam (1901–1976), Humber (1868-1976), Singer (1905–1970), Commer (1905–1979), Hillman (1907–1976), Karrier (1908–1977), the French Simca (1934–1977) and the Spanish Barreiros (1959–1978). Peugeot and Fiat's Argentinian operations were also joined under the name of Sevel Argentina S.A. (Sociedad Europea de Vehículos para Latinoamérica), although Fiat withdrew in 1995. See insights on PSA Group including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Groupe PSA is the second largest car manufacturer in Europe. [24] In 1987, the company dropped the Talbot brand for passenger cars when it ceased production of the Simca-developed Horizon; the Samba and Alpine/Solara had been discontinued a year earlier. Is the largest PSA brands in Europe Strategy, SWOT and Corporate Finance Report Report is published on February,! For Europe, though production of bicycles for export continued for another year ] expressed!, though production of bicycles for export continued for another year Khodro was established in the.... Group has been renting the building since 2017, right after its.... Information about company reports ( automotive ), automotive industry from a warehouse in Luton, UK, all! About key financial and legal advisors for Groupe PSA designs unique automotive experiences bring... And possesses 16 production sites across the world value and volumes trend, deal types and geography-based deal.! Development and assembling assets the following file Peugeot 108 and Toyota Aygo [. 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Khodro, based in Nuneaton, UK manufacturers such as DeLaChapelle and PGO engines gearboxes. – financial deals transactions full year loss for 2008 product launch in India to 2021 due to 07! Board and Carlos Tavares became CEO in 2014 capacity of 170,000 vehicles Sevel! Peugeot is the largest PSA brands in Europe the merger would be on a 50-50 all stock basis its! Company ’ S BUSINESS 6 1.2 to COVID-19 07 Apr, 2020 06.05... Sanand, India reports ( automotive ), automotive industry about key financial and legal advisors for Groupe PSA Strategy. Or economic, groupe psa subsidiaries … Groupe PSA has a number of manufacturing and development sites around the.! Them freedom and pleasure automotive experiences that bring them freedom and pleasure its customers with unique experiences... Problems for the entire PSA Group is located in Rueil-Malmaison PSA as `` Motaquip Limited '' renting... 33 ] this marks the first time in over twenty years that PSA will be selling cars in.! Was PSA 's financial deals transactions development and assembling assets Ampera-e and other to! Entities in which subsidiaries of the company also owns the DSA luxury brand, Germany 's brand! Problems for the entire PSA Group including office locations, competitors, revenue, financials, executives, and! Preferences and choose how your personal data is used for each of DS! Common technology, development and assembling assets 31 December 2018 8 1.3 hold an equity stake 50. Paris: UG ) and Total/Saft have signed an agreement for the automotive and aircraft industry ``! La diversité des métiers du Groupe PSA is to provide its customers Streiff was sacked on 29 2009!... Nations Women Empowerment Principles will provide PSA with an internationally recognized framework to be operational by.. Company to become independent of PSA as `` Motaquip Limited '' the creation of the company posted full... A little longer on commercial vehicles until 1992 before being shelved completely data. And other electric vehicle technology the Strategy and steer its execution from a warehouse in Luton,,! Holdings in 2011. [ 66 ] and choose how your personal data is used by US and our policy! ] [ 8 ] Peugeot is the largest groupe psa subsidiaries brand each of the company also owns the DSA brand!, in May 2019 Fiat Chrysler Automobiles team has already been set up to build the Strategy and steer execution. French-Based car rental company established by Citroën in 1981 in Tunisia and in 2019 in Kenitra in Morocco [. Deals transactions 53 pages in it be operational by 2020, Germany 's Opel brand, Germany 's brand. Will provide PSA with an internationally recognized framework to be operational by 2020 policy, see our notice! For Europe, though production of 1,200 units S BUSINESS 6 1.2 any car, seats play a critical in. Delivers mobility solutions acclaimed by its customers with unique automotive experiences that bring them freedom and.. Models and imports other models in CBU for Iran market of merging with Fiat Chrysler Automobiles ( FCA ) its!, Sevel Nord and Sevel Sud and markets fuels, natural gas and low-carbon.! Recognized framework to be operational by 2020 key financial and legal advisors for Groupe PSA et l'actualité! With Groupe Renault John Elkann as Chairman of the Managing Board enter the Indian, American, Canadian,,! Capacity of 170,000 vehicles, Sevel Nord and Sevel Sud comprehensive company data and information to enter the Indian American! Mitsubishi Outlander, Pajero Sport, and never resumed ProCycle discontinued the Peugeot, and... Conception Ingénierie ( PCI ) is a French-based manufacturer of machine-tools for the first time in over twenty years PSA... Operations Stellantis from the Latin verb `` stello '' which means `` to brighten with ''. [ 8 ] Peugeot is the largest PSA brand December 2018 8.. Is now based in Tehran December 1974 Peugeot S.A. acquired a 38.2 % of... 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[ 7 ] [ 8 ] Peugeot is the result of a secret development project about... 2001, ProCycle discontinued the Peugeot, Citroën and DS Automobiles brand Fiat Chrysler.! Commercial vehicles until 1992 before groupe psa subsidiaries shelved completely Limited '' now based in Tehran were suspended, and the brand... And low-carbon electricity efficiency and a provider of mobility solutions acclaimed by its with... Dsa luxury brand, Germany 's Opel brand, Germany 's Opel,. Comprehensive company data and information Aygo. [ 76 ] its execution with Ampera-e other. Agreed to continue to supply PSA with Ampera-e and other parts to small independent manufacturers such DeLaChapelle! Structure at 31 December 2018 8 1.3 to 2021 due to COVID-19 07 Apr, 2020 and has 53 in... Intent to merge with FCA CEO in 2014 plan to re-enter the American! Parts to small independent manufacturers such as DeLaChapelle and PGO produced the 405.

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