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3/27/2018 10:00 AM
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Groupe PSA optimizes its manufacturing base in Europe

•    Improving performance of powertrain plants to fulfil orders for future Opel/Vauxhall models based on PSA platforms
•    Preparing manufacturing facilities for the ICE energy mix transition as well as the electrification push
•    Localising automatic gearbox production to meet shifting customer demand

[Read more]

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3/6/2018 5:00 PM
Historic results of Groupe PSA in 2017

Historic results of Groupe PSA in 2017: revenue, volume of sales, recurring operating income and net result group share at a record level

 

· Successful execution of Push to Pass plan and first concrete results of Opel Vauxhall (OV) turnaround plan PACE!

· 15.4% increase of Group sales at 3.63 million vehicles

· 20.7% Group revenue growth at €65.2 billion

· 7.3% Peugeot Citroën DS (PCD) Automotive division recurring operating margin at a record level

· 7.1% Group recurring operating margin4 excluding OV and 6.1% including OV with a Group

recurring operating income at €3,991 million

· 11.5% increase of Net result group share

· €1.56 billion positive operational free cash flow

 

 

To read more...

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12/18/2017 4:00 PM
Groupe PSA will enhance purchasing performance by setting up a new joint Purchasing Organization

• New joint purchasing unit will be operational by January 2018
• A unique Purchasing Power that enables one voice to suppliers to drive scale effects
• In the long term, purchasing will account for 30% of the expected synergies from the integration of Opel/Vauxhall into Groupe PSA

To read press release HERE

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11/3/2017 4:00 PM
Groupe PSA revenue up 31.4% at €15.0 billion

Groupe PSA revenue up 31.4% at €15.0 billion
•    Peugeot Citroën DS (PCD) Automotive division revenue up 11.6%
 
o    Growth of PCD volumes and market share increase in Europe, Middle East Africa, Latin America, Eurasia and India Pacific
  o    PCD successful new model launches in all regions
•    First time consolidation of Opel Vauxhall (OV) Automotive division whose revenue amounted to €2.8 billion

To read press release HERE

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