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6/10/2020 3:00 PM
Excellence rewarded at Groupe PSA’s 2020 Supplier Awards

​Excellence rewarded at Groupe PSA's 2020 Supplier Awards

 

  • In this period of crisis, Groupe PSA reaffirms the strategic importance of a win-win partnership with its suppliers during the "2020 Supplier Awards" which took place on June 10th by videoconference from Poissy.
  • 12 suppliers have been rewarded for their commitment and their excellence in building the QCD (Quality, Cost & Delivery) performance together with Groupe PSA.
  • Michelin has been rewarded with the "Special President Award".
  • Jean-Philippe Imparato, CEO Peugeot Brand, was also keen to honour six suppliers of the new PEUGEOT 208 who have made a major contribution to its success. Indeed, the new PEUGEOT 208 has been rewarded the very prestigious "Car of the Year 2020" title in March in Geneva.


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9/7/2020 5:00 PM
Groupe PSA remains profitable in H1 2020 despite Covid

​•€25.1 billion Group revenue

•3.7% Automotive division adjusted operating margin 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 of 6 consecutive years of intense work to increase our agility and lower our breakeven point. The Group is also weathering this crisis thanks to the commitment of the teams, focused to deliver a clean, safe and affordable mobility for our customers. We are determined to achieve solid rebound in the second half of the year, while finalizing the birth of Stellantis before the end of Q1 2021.”

[Read the press release]

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