Jan 18 (Reuters) – Peugeot SA Chief Executive Carlos Tavares said on Thursday he planned to meet next week with the automaker’s UK unions and government officials to discuss the future of Peugeot’s Vauxhall plant, where Tavares said production costs are twice those of its plants in France. Peugeot has already begun cutting jobs in… Continue reading Peugeot CEO to meet with UK unions, govt officials
Tag: PSA
PSA: adopted, the project of conventional collective breaks will affect the three northern factories
PSA has achieved that Pimkie failed to do : to accept a project of collective collapseby the unions. The project was adopted by majority on Thursday 18th January by FO, CFDT, CFTC and CIA. The CGT, the first union of the group among the workers and the CFE CGC, majority among the executives, refuse for… Continue reading PSA: adopted, the project of conventional collective breaks will affect the three northern factories
Peugeot ‘very open’ to alliance in Latin America – CEO
Jan 18 (Reuters) – Peugeot SA is “very open” to a potential alliance in Latin America, the chief executive of the French automaker, Carlos Tavares, said during a media briefing on Thursday. Tavares declined to say whether Peugeot planned to discuss a partnership with Ford Motor Co. His remarks come two days after Ford executives… Continue reading Peugeot ‘very open’ to alliance in Latin America – CEO
PSA: the unions approve the collective conventional breakthrough project
The project of conventional collective break, presented by the car manufacturer, concerns 1,300 employees. According to union sources, the agreement was endorsed by most unions. Totaling more than 58% of the votes, FO, CFDT, CFTC and GSEA accepted the agreement. Voluntary departures and recruitment promises The CGT opposed this project. The second union behind FO… Continue reading PSA: the unions approve the collective conventional breakthrough project
Mangualde plant: Groupe PSA creates a third team
• 53,600 Peugeot Partner and Citroën Berlingo units sold in 2017, up 7.8% on 2016• Third production team and 225 jobs to be created as from April 2018 Groupe PSA has decided to create a third production team at the Mangualde plant in April 2018 and hire nearly 225 people at the facility by May. The move… Continue reading Mangualde plant: Groupe PSA creates a third team
Conventional collective break: a first agreement negotiated at PSA
The unions FO, CFDT, CFTC and GSEA, together accounting for more than 58% of the votes, said they wanted to sign the draft agreement on the conventional break. It also provides for as many hires on permanent contracts in 2018. The CGT (19.6%) is opposed, the CFE-CGC (19.4%) did not make known its position. The… Continue reading Conventional collective break: a first agreement negotiated at PSA
Mangualde Plant: Groupe PSA Creates a Third Team to Cater to Strong Demand for Its Light Commercial Vehicles (LCVs)
MANGUALDE, Portugal–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) has decided to create a third production team at the Mangualde plant in April 2018 and hire nearly 225 people at the facility by May. The move comes in response to strong demand for the Peugeot Partner and Citroën Berlingo, whose current version has been partly produced at… Continue reading Mangualde Plant: Groupe PSA Creates a Third Team to Cater to Strong Demand for Its Light Commercial Vehicles (LCVs)
Lucie Vigier Appointed Head of Corporate Finance and Treasury
With effect from February 1st 2018, Lucie Vigier is appointed Head of Corporate Finance and Treasury. She will report to Jean Baptiste de Chatillon, CFO and Member of the Managing Board. Lucie Vigier joined the Groupe PSA in 1990 and was previously appointed Head of Corporate finance in 2012, with remarkable achievements. She contributed to… Continue reading Lucie Vigier Appointed Head of Corporate Finance and Treasury
PSA shows (strong) ambitions in the electric
For PSA, the future will be electric. Strong results in 2017, The Lion brand announced Wednesday that it would propose by 2025 an electric version of its entire range of vehicles, to continue to position itself in a buoyant segment. Speaking at the Automotive News World Congress in Detroit, Carlos Tavares assured that by 2025… Continue reading PSA shows (strong) ambitions in the electric
France’s PSA Group to offer 40 electric vehicles by 2025
CLOSE Lamborghini unveils the 2019 Lamborghini Urus SUV at the Museum of Contemporary Art Detroit in Detroit, Monday, Jan. 15, 2018. Junfu Han, Detroit Free Press PSA Peugeot Citroen Chief Executive Carlos Tavares arrives to deliver his speech during the presentation of the company’s 2016 full year results, in Paris, Thursday, Feb.23, 2017. (Photo: Christophe… Continue reading France’s PSA Group to offer 40 electric vehicles by 2025