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3/19/2020 11:00 AM
Temporary suspension of production activity in Kenitra plant

​Since the beginning of the COVID 19 crisis, Groupe PSA has set up a steering committee to adopt in real time all necessary measures to protect its employees and manage the activity. The Group has put in place preventive measures in line with the recommendations of health authorities.

 In light of the situation evolution, and in the interest of its employees, Groupe PSA has decided to temporarily suspend the production activity of its Kenitra plant in Morocco for two weeks, starting Thursday, March 19th 2020.

 

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3/17/2020 9:40 AM
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Date of publication : 16/03/2020

Due to the acceleration observed in recent days of serious COVID-19 cases close to certain production sites, supply disruptions from major suppliers, as well as the sudden decline in the automobile markets, the Chairman of the Executive Board with the members of the crisis unit, decided the principle of the closure of the vehicle production sites, according to the following schedule and until March 27.

  • March 16: Mulhouse (France), Madrid (Spain)
  • March 17: Poissy, Rennes, Sochaux (France), Zaragoza (Spain), Eisenach, Rüsselsheim (Germany), Ellesmere Port (United Kingdom), Gliwice (Poland)
  • March 18: Hordain (France), Vigo (Spain), Mangualde (Portugal)
  • March 19: Luton (United Kingdom), Trnava (Slovakia)

The closure of the mechanical sites will be adjusted accordingly.

The site management teams will implement the site closure procedures locally, which will be done in coordination with the social partners.

Groupe PSA remind that until then, compliance with the barrier measures, going beyond the recommendations of the health authorities on the sites, are the best protection to prevent the spread of the virus.

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2/26/2020 11:55 AM
Groupe PSA achieved a new profitability record in 2019

Groupe PSA achieved a new profitability record in 2019

  • €4.7 billion Group revenue up 1%
  • 8.5% Group adjusted operating margin at €.3 billion
  • 8.5% Automotive division2 adjusted operating margin up 0.9 pt at €.0 billion
  • Record net result Group share at €.2 billion
  • €.3 billion Automotive division free cash flow
  • PACE! plan target achieved with Opel Vauxhall 6.5% adjusted operating margin

[See the press release]

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1/17/2020 3:00 PM
Worldwide sales at 3.5m units in 2019

Worldwide sales at 3.5m units in 2019 :

    • Electrification on track: 10 new models launched as a first milestone toward a 100% electrified range by 2025
    • Solid position in Europe: 16.8% market share
    • International businesses focused on profitable growth and manufacturing footprint development

    [read the press release]

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