Author: PSA Official News

@Groupe PSA: Opel Presents New Business Model in Romania

Trust Motors SRL to be appointed as import partner More agility and flexibility will foster growth Another important step in the implementation of the PACE! plan Rüsselsheim. Opel has taken a further step in the development of its business strategy in selected European markets with the goal of becoming more agile, flexible and efficient as… Continue reading @Groupe PSA: Opel Presents New Business Model in Romania

@Groupe PSA: Free2Move becomes a full-fledged company with a new offer of mobility services

    The mobility brand Free2Move becomes an autonomous, unified and agile entity Composed of 150 experts in tech, data, design and e-commerce Free2Move expands its offer and puts its technological expertise at the heart of its activity Because the world is changing, Free2Move has been created to simplify and guarantee mobility for everyone. With… Continue reading @Groupe PSA: Free2Move becomes a full-fledged company with a new offer of mobility services

@Groupe PSA: Groupe PSA strengthens its electric offensive with a new eVMP platform (Electric Vehicle Modular Platform)

Between 2020 and 2025, Groupe PSA will gradually move from two multi-energy platforms to two 100% electrified platforms to support the e-mobility development. The new eVMP platform will serve as the basis for a wide range of electric vehicles for the C- and D- segments. eVMP will offer high-performance with an autonomy of up to… Continue reading @Groupe PSA: Groupe PSA strengthens its electric offensive with a new eVMP platform (Electric Vehicle Modular Platform)

@Groupe PSA: Groupe PSA: Availability of the Half-year Financial Report as of 30 June 2020

VÉLIZY-VILLACOUBLAY, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) announced today that the 2020 half-year financial report is now available and has been filed with the French Autorité des Marchés Financiers (AMF). The report and the first-half 2020 financial results presentation are available on (www.groupe-psa.com), in the “Analysts and Investors” section. Direction de la Communication – www.groupe-psa.com… Continue reading @Groupe PSA: Groupe PSA: Availability of the Half-year Financial Report as of 30 June 2020

@Groupe PSA: Groupe PSA remains profitable in H1 2020 despite Covid

€25.1 billion Group revenue 3.7% Automotive division[1] adjusted operating margin[2] at €731 million Net result group share at €595 million €153 million Automotive positive free cash flow excluding working capital Strong financial security at €23.2 billion Carlos Tavares, Chairman of Groupe PSA Managing Board said: “This H1 result proves the Group’s resilience, as a reward… Continue reading @Groupe PSA: Groupe PSA remains profitable in H1 2020 despite Covid

@Groupe PSA: CITROËN Ë-JUMPY 100% ËLECTRIC: OPENING OF ORDERS

CITROËN Ë-JUMPY 100% ËLECTRIC: OPENING OF ORDERS THE IDEAL PARTNER FOR PROFESSIONALS IN Ë-COMFORT MODE   Unveiled last May, Citroën ë-Jumpy – 100% electric is now available to order in France. This model is continuing the electric offensive by the Brand, which will market six electric models in 2020 including Ami, C5 Aircross Hybrid SUV,… Continue reading @Groupe PSA: CITROËN Ë-JUMPY 100% ËLECTRIC: OPENING OF ORDERS

@Groupe PSA: Half year 2020 results: agility and resilience

  QUICK REACTION TO THE COVID-19 CRISIS WITH A FOCUS ON THREE PRIORITIES Safe restart of production Rigorous management of liquidity and protection of a sound financial structure Resilience actions to face sharp sales drop   CONTINUED COMMERCIAL SUCCESS WITH STRONG ORDER INTAKE OF €12bn IN H1 AND IMPROVED CUSTOMER SATISFACTION FURTHER RESILIENCE ACTIONS AND… Continue reading @Groupe PSA: Half year 2020 results: agility and resilience

@Groupe PSA: Faurecia partners with BAIC in China for Seating business

Texte Faurecia, one of the world leading automotive technology companies, and BAIC, one of China’s largest automotive manufacturers, today announced the establishment of a new 50-50 joint venture in China. This partnership will be created through Faurecia’s purchase of the 50% shareholding of Beijing BAI DAS Automotive System Co., Ltd. from DAS Corporation. The transaction… Continue reading @Groupe PSA: Faurecia partners with BAIC in China for Seating business

@Groupe PSA: PSA Aftermarket acquires Amanhã Global to accelerate the circular economy of multi-brand spare parts.

PSA Aftermarket has acquired Amanhã Global and its e-commerce platform B-Parts.com by acquiring a majority stake in the capital of the company. The acquisition of this sector leader in re-use parts (Reuse) aims to complete PSA Aftermarket’s conquest strategy in the circular economy, underpinned by a target of tripling turnover by 2023. As part of… Continue reading @Groupe PSA: PSA Aftermarket acquires Amanhã Global to accelerate the circular economy of multi-brand spare parts.