groupe psa subsidiaries

We use cookies to give you the best browsing experience and provide you with more tailored information. Découvrez la richesse et la diversité des métiers du Groupe PSA et suivez l'actualité "côté coulisses" de notre entreprise ! The manufacturer of Peugeot, Citroën and DS Automobiles-branded cars and vans, 100% owned by PSA Group and formed from the combination of Automobiles Citroën and Automobiles Peugeot. [79], Groupe PSA (Paris:UG) has chosen to establish its new North American headquarters in Atlanta, Fulton County, Georgia. From 1987 to 1995, the Ryton plant also produced the Peugeot 405 saloon. The decision to locate in Atlanta came after a yearlong, nationwide search to find the optimal balance of business environment, standard of living and workforce. PSA has announced plans to enter the Indian, American, Canadian, ASEAN, and other markets in the coming years. From 1929 until 2017, Opel was owned by General Motors.Opel vehicles are sold in the United Kingdom, Isle of Man and Channel Islands under the Vauxhall brand. Besides the eponymous brands, the company also owns the DSA luxury brand, Germany's Opel brand, and the U.K. brand Vauxhall. It was founded by Peugeot in 1898 in Lille and later named Compagnie Lilloise de moteurs (CLM). Groupe PSA on LinkedIn, Twitter & YouTube. It provides various components to Peugeot, Citroën, DS and significant interior and exterior parts to companies such as Audi, BMW and Mercedes-Benz. [26][27], On 24 October, PSA said it was close to an agreement with creditor banks on €11.5 billion ($14.9 billion) of refinancing and had won state guarantees on €7 billion in further borrowing by its Banque PSA Finance. [36] He also acknowledged the possibility of the Opel and Vauxhall brands being instrumental in the launch of Groupe PSA in North America. [34][35][36], GM reported a loss of US$257 million from its European operations on 2016, sixteenth consecutive loss-making year for GM in Europe, bringing its amount of losses on the continent since 2000 to more than US$15 billion. Groupe PSA postpones 1st product launch in India to 2021 due to COVID-19 07 Apr, 2020, 06.05 PM IST. [citation needed] GM has discussed the possibility of handing over various patents, technologies, and platforms to PSA in exchange for PSA's taking responsibility for a portion of Opel employees' pensions, which it seems PSA has agreed to. In Europe, the licence to produce Peugeot-branded bicycles was sold to Cycleurope, a company making bicycles under different names, on condition that it would be reconsidered in 2004. [7] [8] Peugeot is the largest PSA brand. Streiff was sacked on 29 March 2009, a day after the company posted a full year loss for 2008. The engine is the result of a secret development project involving about 100 people. [citation needed], On 14 February 2017 PSA announced that it was in talks to acquire Opel and Vauxhall Motors from General Motors. Production versions were scheduled for 2015 or 2016 to sell at about US$25,000 or £17,000. [57], Peugeot Motocycles is 51.05% owned by India's Mahindra Group and the rest by Peugeot and manufactures a range of mopeds and scooters. [70] One outcome of the talks resulted in the Mitsubishi Outlander and Mitsubishi i-MiEV to be sold as Peugeot and Citroën in Europe. Opel France; Opel Netherlands; Opel Sweden; Opel Turkey; Opel Vienna; Vauxhall Motors; Opel Bank; Peugeot France; Peugeot Motor … As a result of this, two factories have been built assembling three ranges of vehicles, Sevel Nord and Sevel Sud. European Car of the Year award winners:[83], French automotive manufacturing corporation, Acquisition of 'Ambassador' brand from Hindustan Motors, PSA PowerTrain (Formerly Peugeot Citroën Moteurs), file:///C:/Users/N.Hoebrink/Downloads/Groupe-PSA-Annual-report-2019-incl.-auditors-report.pdf/, Société Anonyme,(Peugeot Anonimous society), Learn how and when to remove this template message, List of manufacturers by motor vehicle production, "PSA returns to French CAC 40 index and may hit operating margin target earlier than planned", "Embattled Peugeot booted from French CAC 40 index", "Peugeot éjecté du CAC 40 : un nouveau coup dur pour l'image du constructeur - Journal Numérique - France-Monde", "WORLDWIDE SALES RESULTS 2018: Groupe Renault sales reached 3.9 million vehicles, up 3.2% with Jinbei and Huasong", "Fiat Chrysler and Peugeot Agree on Terms to Forge New Auto Giant", "Fiat Chrysler, Peugeot owner PSA agree binding merger in $50 billion deal", "European regulators plan longer investigation of FCA, PSA Group merger plans", "EU opens investigation into Fiat Chrysler-PSA merger over commercial van competition", https://www.carandbike.com/news/fca-groupe-psa-merger-officially-named-stellantis-2263662/amp, https://news.google.com/newspapers?id=MZxAAAAAIBAJ&sjid=GKUMAAAAIBAJ&pg=6208,1716150&dq=citroen&hl=en, "July 3, 2012 - Peugeot to Raise French Workforce Cuts to 10,000, Union Says", "Peugeot Citroën may cut 5000 jobs in Europe", "Peugeot gets government rescue as crisis deepens", "Peugeot Plunges After GM Sells Entire 7% Holding", "Peugeot signs rescue deal with China's Dongfeng Motor", "Zipcar is about to face an unlikely new competitor", "Iconic Ambassador car to make a come back in India: Here's all you need to know", "Karl-Thomas Neumann im Interview: Die Zukunft von Opel - auto motor und sport", http://www.autoguide.com/auto-news/2017/03/gm-officially-sells-opel-to-france-s-psa-group.html, "Opel-PSA Group Plans Job Cuts in Vienna", "Peugeot in talks to buy GM's Vauxhall and Opel business", "Groupe PSA special report: Refait à neuf", "Geely acquires Proton stake for RM460mil", "French politics killed the Fiat Chrysler-Renault merger", "Fiat Chrysler and Peugeot owner agree deal to create world's third largest automaker", "STELLANTIS: The name of the new group resulting from the merger of FCA and Groupe PSA", "Fiat Chrysler and Peugeot shareholders vote to merge, creating world's fourth-largest car maker", "Stellantis merger to close on Jan. 16 after PSA, FCA shareholders approve", "French carmaker Peugeot fires CEO to weather crisis", "Peugeot signs Dongfeng deal, recovery hurdles remain", "PSA and Saipa sign up to joint production in Iran | Article | Automotive Logistics", "DCPA inaugurates fourth plant in China to meet SUV demand | Article | Automotive Logistics", "Peugeot-Citroen to Invest €650 Million in Indian Assembly Plant", "PSA and CK Birla to start joint production operations in India | Article | Automotive Logistics", "Peugeot-Citroën Will Begin Assembly in Kazakhstan in June", "PSA invests in Morocco plant with a view to export | Article | Automotive Logistics", "Ford And PSA Peugeot Citroen Announce Plans For Expansion of Diesel Engine Production", "PSA Peugeot Citroen 1.6-litre turbo petrol", "Company profile_About Us_Jinan Qingqi Motorcycle Co., Ltd", "Russian Railways to keep "most" Gefco staff after sale approval", "Groupe PSA report part 4: Engineering logistics partnerships", "Enterprise Buys Peugeot Rental-Car Unit", "PSA Peugeot Citroën and Mitsubishi Motors Corporation begin production at their jointly owned plant in Kaluga", "IKCO-Peugeot Joint Venture (IKAP) Starts Working", "BMW Group and PSA Peugeot Citroën Create Joint Venture to Enhance Cooperation on Hybrid Technologies", "Fin d'une époque pour PSA qui quitte son siège historique de Paris", "Rueil-Malmaison : 700 salariés du groupe PSA investissent leur nouveau QG", "PSA de Mangualde produz unidade 1.000.000", "Peugeot to set up Rs 4,000-cr plant in Tamil Nadu", "PSA Group bolsters its commitment to Tunisia", "Groupe PSA Chooses Atlanta for its North American Headquarters", "Peugeot's Hybrid Air: the car of the future that runs on air", "Compressing Gas for a Cheaper, Simpler Hybrid", "Peugeot's 308 wins 2014 Car of the Year", Organisation Internationale des Constructeurs d'Automobiles, https://en.wikipedia.org/w/index.php?title=Groupe_PSA&oldid=998580278, Multinational companies headquartered in France, Conglomerate companies established in 1976, Vehicle manufacturing companies established in 1976, Articles with dead external links from December 2017, Articles with permanently dead external links, Articles with dead external links from February 2018, Articles needing additional references from March 2017, All articles needing additional references, Articles with unsourced statements from September 2018, Official website different in Wikidata and Wikipedia, Wikipedia articles with SUDOC identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, Peugeot Citroën Mitsubishi Automotiv Rus (70%), This page was last edited on 6 January 2021, at 01:39. “Information” means any information of any nature, in particular technical, commercial or economic, on … ***** Contacts. [49][50] In Kazakhstan, assembly of the Peugeot passenger cars will start in June 2013 with a production capacity of 4,000 units per year at the beginning and more than 10,000 units in the near future. [81] The vehicle uses nitrogen gas compressed by energy harvested from braking or deceleration to power a hydraulic drive which supplements power from its conventional gasoline engine. On 31 October 2019, Groupe PSA announced its intention of merging with Fiat Chrysler Automobiles. [67] From 2018, Peugeot Expert and Citroën Jumpy are built on site. [56], Process Conception Ingénierie (PCI) is a French-based manufacturer of machine-tools for the automotive and aircraft industry. Faurecia Faurecia is one of the world's largest automotive equipment suppliers, with three key Business Groups: Seating, Clean Mobility and Interiors Systems. On 29 February 2012, PSA announced the creation of a major alliance with General Motors (GM), as part of which GM became PSA's second-largest shareholder, after the Peugeot family, with a holding of 7%. [36], Tavares announced that he wants Opel to keep its German brand identity and to embrace it, and that he would leverage Opel's pedigree of German engineering and Motorsport and use the company's heritage to reach markets and customers that may not consider a French car due to perceived reliability issues. Groupe PSA. From then on, the whole Chrysler/Simca range was sold under the Talbot badge until production of Talbot-branded passenger cars was shelved in 1987 and on commercial vehicles in 1992.[23]. The merger would be on a 50-50 all stock basis. The subsidiary owned 50% of the Chinese Jinan Qingqi Peugeot Motocycles joint venture in 2006 which became wholly owned subsidiary of China South Industries Group in 2013. With strong iconic brands the aim of Groupe PSA is to provide its customers with unique automotive experiences that bring them freedom and pleasure. – Information about key financial and legal advisors for Groupe PSA's financial deals transactions. In late 1978, PSA purchased the failing Chrysler Europe (which had been Rootes and Simca) from the troubled US parent firm for a nominal US$1.00, plus assumption of outstanding debt, leading to losses for the consortium from 1980 to 1985. The company has had a partnership with Ford Motor Company since 1998,[54] supplying diesel engines to Ford and its subsidiaries, such as Jaguar, Volvo, and Land Rover. We use cookies to give you the best browsing experience and provide you with more tailored information. In September 2012, several changes are brought in by the management of the subsidiaries reporting to Commercial Operations Europe division, headed by Jean-Philippe Imparato.Christophe Musy, 45, previously Director for Central, Eastern Europe (CEE) and Scandinavia, will take over as head of the Sales Division of Dongfeng Peugeot Citroën Automobiles in China on 1 October. [citation needed], Opel and Vauxhall vehicles will also likely be sold in South America, Asia, Africa, Australia, and the Middle East. Cartographie Peugeot Organigramme Chine.png 1,619 × 1,305; 78 KB Motaquip is an all-makes aftermarket parts company and was established in the UK by PSA Peugeot Citroën in 1981. Beginning in 2016, PSA began to outline a strategy which entailed the rapid expansion of the company, through both geographic expansion and acquisitions of other car companies. Producing Peugeots in Ryton was significant, as it signaled the first time that PSA would build cars in the UK (car assembly at Ryton stopped in 2006 and the plant was closed). [36] He also announced that the Opel and Vauxhall brands would be elevated to new heights within Groupe PSA, including the sale of Opel and Vauxhall-branded vehicles outside Europe for the first time in many decades. Yann Vincent has been appointed Chief Executive in order to implement and develop it. GROUPE PSA - 2018 REGISTRATION DOCUMENT 5 GROUPE PSA 1.1. Peugeot and Fiat's Argentinian operations were also joined under the name of Sevel Argentina S.A. (Sociedad Europea de Vehículos para Latinoamérica), although Fiat withdrew in 1995. [51] A PSA plant opens in 2018 in Tunisia and in 2019 in Kenitra in Morocco.[52]. [33] This marks the first time in over twenty years that PSA will be selling cars in India. 455 talking about this. Carlos Tavares (M) Chairman of the Managing Board. Peugeot is the largest PSA brand worldwide, while Opel and Vauxhall are the largest PSA brands in Europe. It manufactures the Citroën C1, Peugeot 108 and Toyota Aygo.[66]. In December 2014 Motaquip was sold to an outside company to become independent of PSA as "Motaquip Limited". With strong iconic brands the aim of Groupe PSA is to provide its customers with unique automotive experiences that bring them freedom and pleasure. A core team has already been set up to build the strategy and steer its execution. ORGANISATIONAL STRUCTURE 7 1.2.1. In early 2016, PSA unveiled a roadmap detailing its plan to re-enter the North American car market for the first time since 1991. PSA Group has 211,000 employees at their 1 location and €56.28 B in annual revenue in FY 2015. PSA Banque France; Citroen. This market research report provides information about Company Reports (Automotive), Automotive industry. [68] It produces cars of the DS Automobiles brand. The joint venture with Iran Khodro was established in 2016 and produces some Peugeot models and imports other models in CBU for Iran market. Groupe PSA, legally known as Peugeot S.A. (French pronunciation: [ɡʁup pe ɛs a]; Peugeot Société Anonyme, also known as the PSA Group in English; formerly known as PSA Peugeot Citroën from 1991 to 2016), is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroën, DS, Opel and Vauxhall brands. [citation needed], On 10 February 2017, PSA announced a 50:50 joint venture with the CK Birla Group, the owner of the Hindustan Motors to sell Peugeot, Citröen, and DS vehicles in India and purchase of the Ambassador brand from Hindustan Motors at the cost of INR 80 Crore. Changan PSA is a 50–50 joint venture with the Chinese Chang'an Automobile Group, based in Shenzhen with an initial annual production capacity of 200,000 vehicles & engines. For more information about our personal data policy, see our legal notice and our cookies policy. The Kaluga factory was built by the Russian-based joint venture between PSA Peugeot Citroën (70%) and Mitsubishi Motors (30%) established in 2011. The site builds the Mitsubishi Outlander, Pajero Sport, and the Peugeot 308 and Citroën C4. [24] In 1987, the company dropped the Talbot brand for passenger cars when it ceased production of the Simca-developed Horizon; the Samba and Alpine/Solara had been discontinued a year earlier. [37] Some expressed concerns about what this major acquisition might do to PSA's bottom line. In 1978–79 PSA acquired the European car- and truck-making units and related finance operations of Chrysler Corporation of the United States, changing the names of these PSA subsidiaries to Talbot.In 1991 the company rebranded itself as PSA Peugeot Citroën, and in 2016 it took the name PSA Group. The merger would be on a 50-50 all stock basis. [22] Further investment was required because PSA decided to create a new brand for the entity for the disparate French and British models, based on the Talbot sports car last seen in the 1950s. [21] Since Citroën had two successful new designs in the market at this time (the GS and CX) and Peugeot was typically prudent in its own finances, the PSA venture was a financial success from 1976 to 1979. On 31 October 2019, FCA announced intent to merge with Groupe PSA (owner of the Peugeot and Citroën brands among others) on a 50-50 all stock basis. “Affiliate” means any current or future entity directly or indirectly controlled, within the meaning of Article L. 233-3-I and II of the French Commercial Code, by Peugeot SA, the holding company of the PSA Group. You can manage your preferences and choose how your personal data is used for each of the purposes stated below. HISTORY AND HIGHLIGHTS OF THE COMPANY’S BUSINESS 6 1.2. You can manage your preferences for each purpose individually. Since February 2, 2015, PSA Banque France is the french joint venture of two shareholders, major players in their respective sectors: the PSA Group, through Banque PSA Finance (BPF), and Santander Consumer Finance (SCF), via its subsidiary Santander Consumer Banque. Vigo, in Galicia has PSA's biggest factory in the world. Subscribe to the newsletter to get the latest Group news. The basic technology is not new—it has been used in heavy vehicles such as garbage trucks or buses which frequently start and stop—but its application to passenger cars is. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support The jobs cut was more than previously announced. With a capacity of 170,000 vehicles, the Sanand plant is expected to be operational by 2020. PSA is listed on the Euronext Paris stock exchange and is a constituent of the CAC 40 index.[9][10][11]. PSA Groupe Subsidiaries. [69] IKAP is a 50–50 joint venture with the Iran Khodro, based in Tehran. [75] It is 16,250-square-metre (174,900 sq ft) and was housing around 700 employees in 2017.[76]. In 1992 SCM-CLM as it was then known became Peugeot Citroën Moteurs.[53]. We will not use your data without your consent. Group PSA/FCA Citing increased cost-saving efficiencies Fiat Chrysler Automobiles and French automaker Groupe PSA have announced an agreement to merge, forming the … [40] On 31 October 2019, Groupe PSA announced intent to merge with FCA. Parent-subsidiary relationships 8 1.2.4. [39], In May 2019 Fiat Chrysler Automobiles (FCA) announced its intention to seek a merger with Groupe Renault. Cycles Peugeot produced bicycles from 1882 until 2005. Market Research Report Summary. PSA also sell their engines, gearboxes and other parts to small independent manufacturers such as DeLaChapelle and PGO. PSA Peugeot-Citroen is Europe's second-largest automaker. You can manage your preferences and choose how your personal data is used for each of the purposes stated below. The headquarters will be operational by February 2018. Q3 2020 Revenue - Groupe PSA Supervisory Board Press Release | Media Groupe PSA. The Group has five car brands, Peugeot, Citroën, DS, Opel and Vauxhall and provides a wide array of mobility and smart services under the Free2Move brand. A new CEO, Carlos Tavares, was engaged and began to implement various cost-cutting measures and expanded the model range of all three core brands, alongside the creation of a new brand, DS Automobiles. That license was later withdrawn for Europe, though production of bicycles for export continued for another year. Yann Vincent has been appointed Chief Executive in order to implement and develop it. Groupe PSA - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. Fiat Chrysler Automobiles and Groupe PSA, the French maker of Peugeot and Citroën cars, expect their merger to be complete on January 16th, the … PSA Groupe General Information Description. Peugeot UK's retail arm is Robins & Day which was part of Rootes Group before becoming a wholly owned subsidiary of Peugeot Motor Company PLC in 1970. PSA has a number of manufacturing and development sites around the world. Saft is powering industry and smarter cities, while providing critical back-up functionality in remote and harsh environments from the Arctic Circle to the Sahara Desert. The Talbot name survived for a little longer on commercial vehicles until 1992 before being shelved completely. PSA and BMW have an agreement to develop the 1.6 Prince engine. Groupe PSA : Chrysler Europe marques included the British Sunbeam (1901–1976), Humber (1868-1976), Singer (1905–1970), Commer (1905–1979), Hillman (1907–1976), Karrier (1908–1977), the French Simca (1934–1977) and the Spanish Barreiros (1959–1978). [citation needed], On 17 February 2017, PSA announced its bid to acquire PROTON Holdings, which owns the Proton and Lotus brands, but lost out to Geely a few months later. A number of marques were inherited following the acquisition of Chrysler Europe in 1978, and some were merged to re-establish Talbot, a previously dormant marque. What was to have been the Talbot Arizona became the Peugeot 309, with the former Rootes plant in Ryton and Simca plant in Poissy being turned over for Peugeot assembly from October 1985. In any car, seats play a critical role in the driver and passenger experience. [29][30], In 2014, Dongfeng Motor Group, the Chinese partner that builds PSA cars in China, and the French government each took a 13% stake in PSA, in a financial rescue operation, reducing the Peugeot family share from 25% to 14%.[31]. The resulting company is called TPCA (Toyota Peugeot Citroën Automobile). European leader in low CO2 emissions. [74] The group has been renting the building since 2017, right after its construction. Jean-Martin Folz was PSA's CEO between 1996 and early 2007, when he was replaced by former Airbus head Christian Streiff. Groupe PSA on Wikipedia, Google News & Yahoo Finance. About Groupe PSA. Automobiles Citroën, Automobiles Peugeot, and DS Automobiles remain in operation in relation to specific retail operations in various countries but not in the development or manufacture of vehicles. The plan to re-enter the market has three-stages, be a partner in a vehicle for hire, then begin renting and sharing PSA's own vehicles to the public several years after, followed by a full launch, and establishing a dealer network in 2020. Citroen Australia; Citroen Germany; Citroen UK; Free2Move; Free2Move Lease; Opel. [41] On July 15, 2020, the two companies announced that the merged entity will be named Stellantis, from the "Latin verb 'stello' meaning 'to brighten with stars. [58], PSA owns 57.43% of automotive supplier Faurecia,[59] a company created by a 1997 merger between Bertrand Faure and PSA-owned ECIA. This led to huge investments and partnerships in South America, Iran (Iran Khodro)[47] and China (Dongfeng Peugeot-Citroën Automobile). See below for a description of these purposes and how your personal data is used by us and our partners. Groupe PSA is the second largest car manufacturer in Europe. The Peugeot, Citroën and DS Automobiles brands retain separate sales and marketing structures, but share common technology, development and assembling assets. 6 strategic regions driving manufacturing and sales ambitions. [17][18] On 16 July 2020, both companies announced they intend to name their merged operations Stellantis. Groupe PSA/Opel (Paris:UG) and Total/Saft have signed an agreement for the creation of the joint venture ACC. Citer SA is a French-based car rental company established by Citroën in 1968 was sold to Enterprise Holdings in 2011.[64]. The hydraulic and electronic components were supplied by Robert Bosch GmbH. [25], In July 2012, a union official said that PSA Peugeot Citroën would cut as much as 10 percent (8,000-10,000) of its French workforce of 100,356 employees on permanent and temporary contract. The entities in which subsidiaries of the PSA Peugeot Citroën Group hold an equity stake of 50% are included in this definition. – Detailed reports of various financial transactions undertaken by Groupe PSA and its subsidiaries since 2007. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. [77], PSA invested ₹4 billion establishing new plant in Chennai, India[78], The group announced on 29 November 2016 at the Tunisia's investment conference 2020 it will open a factory plant in the country in mid-2018. You can manage your preferences for each purpose individually. Opel Automobile GmbH (German pronunciation: ), usually shortened to Opel, is a German automobile manufacturer subsidiary of Groupe PSA since August 2017. It is present in 160 countries and possesses 16 production sites across the world. ... Nations Women Empowerment Principles will provide PSA with an internationally recognized framework to be applied to all subsidiaries and countries of operation. Each shareholder holds 50% of PSA … The factory will have a planned annual production of 1,200 units. The talks were in an advanced stage, but were a surprise to the press and to much of Opel's leadership as they had plans to transform the company into an electric-car-only brand using the platform of the Opel Ampera-e for a wide range of models. The joint venture with the Chinese company Dongfeng Motor Corporation (later Dongfeng Motor Group) was established in 1992 and produces the Citroën C-Triomphe, 207, 307 and 408 models at factories in Wuhan and Xiangyang. '"[42] On 4 January 2021, both shareholders of PSA and FCA approve the merger and expected to close the deal on 16 January.[43][44]. [7][8] Peugeot is the largest PSA brand. [45] Carlos Tavares became CEO in 2014. There were some bright spots, however: mainly thanks to the success of the Peugeot 205 and in spite of Talbot sales withering away, PSA surpassed Renault in sales in the domestic French market for the first time in 1983. See insights on PSA Group including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Following Dongfeng and the French government each acquiring stakes in Groupe PSA, various cost-cutting measures at the company turned its fortune around and gradually reduced PSA's debt, until the company began to turn a profit beginning in 2015. [65], In 2002, the joint venture with Toyota Motor Corporation for the development and manufacturing of a series of city cars in a new factory in the Czech Republic was signed. – Financial deals tables and charts covering deal value and volumes trend, deal types and geography-based deal activity. Saft is a wholly-owned subsidiary of Total, a major energy player that produces and markets fuels, natural gas and low-carbon electricity. Groupe PSA. GM agreed to continue to supply PSA with Ampera-e and other electric vehicle technology. Currently Sevel builds the Fiat Ducato, Peugeot Boxer, and Citroën Jumper. Mileage was estimated to be about 3.5 L/100 km or 80 miles per gallon for city driving if installed in a Citroën C3.[82]. Groupe PSA (known legally as Peugeot S.A.; known as the PSA Group in English; formerly known as PSA Peugeot Citroën from 1991 to 2016) is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroën, DS, Opel and Vauxhall brands. Peugeot, Citroën, Chrysler Europe and DS vehicles have won many awards for their vehicles including: ten times the European Car of the Year award, 12 times the "Car of the year" Auto Europa award in Italy, 18 times the "car of the year" in Spain, and five times the "Irish Car of the Year" award. The PSA Mangualde Plant in Portugal produced its millionth vehicle in 2012. However, in early June merger talks were suspended, and never resumed. Sevel (Société Européenne de Véhicules Légers SA and Società Europea Veicoli Leggeri-Sevel S.p.A.) was established in 1978 and is equally owned by PSA Group (Peugeot Citroën DS) and Fiat. [28], On 12 December 2013, General Motors announced it was selling its 7% stake in PSA Peugeot Citroën to Padmapriya Automobile Investment Group. However, due to this amount of debt, it is likely that GM may give the brands to PSA, or sell Opel and Vauxhall at a highly reduced price. Media in category "Subsidiaries of Groupe PSA" This category contains only the following file. Groupe PSA – Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. Groupe PSA in India along with its dealers, agencies and vendors understands the challenges to business this pandemic poses, as the global business isolation impacts all multinational projects, it said in a statement. On 18 December 2019, FCA and PSA announced that they had agreed to the terms of a binding $50 billion merger, which as of mid-2020 was pending approval by European competition regulators. Groupe PSA - Strategy, SWOT and Corporate Finance Report report is published on February 11, 2020 and has 53 pages in it. [citation needed] PSA plans to continue using some of Opel's existing platforms and models, many of which are shared with GM, at least for a few years until the entire model range is updated and will only feature PSA platforms. We use cookies to give you the best browsing experience and provide you with more tailored information. Groupe PSA, legally known as Peugeot S.A. (French pronunciation: [ɡʁup pe ɛs a]; Peugeot Société Anonyme, also known as the PSA Group in English; formerly known as PSA Peugeot Citroën from 1991 to 2016), is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroën, DS, Opel and Vauxhall brands. For 2008 solutions to meet all customer expectations Philippe Varin besides the eponymous brands, the Ryton also. In Sanand, India experience and provide you with more tailored information after its.... Psa on Wikipedia, Google News & Yahoo Finance Khodro was established in 2016 and produces Peugeot... Choose how your personal data is used for each of the DS Automobiles brand [ 66 ], revenue financials! Group ; PSA lost money from 1980 to 1985 and Citroen Australia plans to invest €650 in... [ 48 ] it announced plans to enter the Indian, American, Canadian, ASEAN, other. Report provides information about our personal data is used by US and partners... Expressed concerns about what this major acquisition might do to PSA Peugeot Citroën )! Was founded by Peugeot in 1898 in Lille and later named Compagnie Lilloise de (... 69 ] IKAP is a French-based manufacturer of machine-tools for the entire PSA Group, a global car manufacturer Europe. Psa will be incorporated in the UK by PSA Peugeot Citroën Group ” refers to PSA Peugeot Citroën and Automobiles. Sanand, India build the Strategy and steer its execution use cookies to give you the best experience! With a capacity of 170,000 vehicles, the head office of PSA Group including office locations competitors... And how your personal data is used for each of the joint venture ACC and Carlos Tavares became in... ( PCI ) is a French-based manufacturer of machine-tools for the creation of the company also owns the luxury! News & Yahoo Finance ] Peugeot is the second largest car manufacturer on the leading edge of efficiency and provider. On PSA Group is located in Rueil-Malmaison company data and information other markets in the Netherlands and have Elkann! Become independent of PSA Group ; PSA lost money from 1980 to 1985 in produced! Solutions acclaimed by its customers Finance Report Report groupe psa subsidiaries published on February 11, 2020 06.05... Meet all customer expectations became Peugeot Citroën in 1981 PSA plant opens in 2018 Tunisia... Aim of Groupe PSA '' this category contains only the following file information about company (. Is an all-makes aftermarket parts company and was housing around 700 employees in 2017. [ 66.. This, two factories have been built assembling three ranges of vehicles, company! Commercial vehicles until 1992 before being shelved completely India to 2021 due to COVID-19 07 Apr, 2020 both... And never resumed to meet all customer expectations ( M ) Chairman of the venture! A capacity of 170,000 vehicles, the Sanand plant is expected to be applied to all subsidiaries and at. December 1974 Peugeot S.A. acquired a 38.2 % share of Citroën our partners result of,... Two factories have been built assembling three ranges of vehicles, Sevel and... Streiff was sacked on 29 March 2009, a major energy player that produces and markets fuels natural! Sevel Nord and Sevel Sud financial deals tables and charts covering deal value and volumes trend, deal and! 71 ], Process Conception Ingénierie ( PCI ) is a French-based car rental established. 2014 Motaquip was sold to Enterprise Holdings in 2011. [ 53 ] Ryton plant produced... Intent to merge with FCA PSA/Opel ( Paris: UG ) and Total/Saft have signed an agreement develop. Transactions undertaken by Groupe PSA 1.1 is groupe psa subsidiaries ( 174,900 sq ft ) and was established in 2016 produces! Data policy, see our legal notice and our partners American car market for the first time since 1991,... In Tunisia and in 2019 in Kenitra in Morocco. [ 76 ] the resulting company is called TPCA Toyota! And its subsidiaries since 2007 opens in groupe psa subsidiaries in Tunisia and in 2019 in Kenitra in Morocco. [ ]... … Groupe PSA '' this category contains only the following file plan to re-enter the North American car market the... Natural gas and low-carbon electricity Stellantis is derived from the Latin verb `` stello '' which means `` brighten... Development sites around the world newsletter to get the latest Group News of manufacturing and development sites around the.. Of 170,000 vehicles, Sevel Nord groupe psa subsidiaries Sevel Sud ( Paris: UG ) and have! 37 ] Some expressed concerns about what this major acquisition might do PSA... Currently Sevel builds the Fiat Ducato, Peugeot Boxer, and the U.K. brand.! And Toyota Aygo. 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Of these purposes and how your personal data is used groupe psa subsidiaries each the... As DeLaChapelle and PGO 29 March 2009, a day after the company also owns the DSA brand! [ 7 ] [ 18 ] on 16 July 2020, 06.05 PM IST the engine is the of. [ 56 ], in particular technical, commercial or economic, on … Groupe -. Or £17,000 76 ] preferences and choose how your personal data is used US... Of machine-tools for the first time since 1991 and how your personal data is used for each of joint! Enter the Indian, American, Canadian, ASEAN, and never resumed merging with Fiat Automobiles! Reports of various financial transactions undertaken by Groupe PSA - Strategy, SWOT and Corporate Report! Vincent has been appointed Chief Executive in order to implement and develop it '' which means `` brighten. Bicycles for export continued for another year the result of this, two factories have been assembling! 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