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[31] Although many only expected the DS to enter the North American market, PSA announced that all of its brands would be sold across the continent. [citation needed], On 14 February 2017 PSA announced that it was in talks to acquire Opel and Vauxhall Motors from General Motors. 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. [36] Some expressed concerns about what this major acquisition might do to PSA's bottom line. [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. [76], Groupe PSA (Paris:UG) has chosen to establish its new North American headquarters in Atlanta, Fulton County, Georgia. PEUGEOT received a very favorable welcome from the public, who came in large numbers to discover the new PEUGEOT 508 SW, the PEUGEOT e-LEGEND CONCEPT and the new PLUG-IN HYBRID petrol engines in preview. [53], Process Conception Ingénierie (PCI) is a French-based manufacturer of machine-tools for the automotive and aircraft industry. rifter. PSA has announced plans to enter the Indian, American, Canadian, ASEAN, and other markets in the coming years. Groupe PSA (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. [35] He also acknowledged the possibility of the Opel and Vauxhall brands being instrumental in the launch of Groupe PSA in North America. Please note that no customer complaint will be processed on this press website.

[35], 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.

The Paris mill is available in natural wood or deep black lacquer. [54], Peugeot Motocycles is 51.05% owned by India's Mahindra Group and the rest by Peugeot and manufactures a range of mopeds and scooters. 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. 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.

On 9 April 1976[21] they increased their stake of the then bankrupt company to 89.95%, thus creating the PSA Group (where PSA is short for Peugeot Société Anonyme), becoming PSA Peugeot Citroën. [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. The PSA Mangualde Plant in Portugal produced its millionth vehicle in 2012. 108 5 dørs. [71] The group has been renting the building since 2017, right after its construction.
[18][19] As of 16th July 2020, both companies decided to name the merged company "Stellantis". Groupe PSA (French pronunciation: [ɡʁup pe ɛs a]; 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. PSA is listed on the Euronext Paris stock exchange and is a constituent of the CAC 40 index.[10][11][12]. PSA wholly owns Banque PSA Finance which provides financial services, and 98.67% of GIE PSA Tresorerie which was founded in 1990 as a treasury and cash management services division. The factory will have a planned annual production of 1,200 units. We will get back to you as soon as possible. The site builds the Mitsubishi Outlander, Pajero Sport, and the Peugeot 308 and Citroën C4. [45] It announced plans to invest €650 million in a manufacturing plant in Sanand, India. In December 1974 Peugeot S.A. acquired a 38.2% share of Citroën. [64] From 2018, Peugeot Expert and Citroën Jumpy are built on site. [72] It is 16,250-square-metre (174,900 sq ft) and was housing around 700 employees in 2017.[73]. 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). 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. el/hybrid-modeller. [74], PSA invested ₹4 billion establishing new plant in Chennai, India[75], 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. [66] IKAP is a 50–50 joint venture with the Iran Khodro, based in Tehran. PSA PowerTrain is a manufacturer of petrol and diesel engines for a range of companies including Ford, Jaguar, BMW, and Land Rover. Peugeot is the largest PSA brand. [32] This marks the first time in over twenty years that PSA will be selling cars in India. [40] 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.'"[41]. 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. [68], The head office of PSA Group is located in Rueil-Malmaison. The new group will be incorporated in the Netherlands and have John Elkann as Chairman of the Board and Carlos Tavares as CEO.

Currently Sevel builds the Fiat Ducato, Peugeot Boxer, and Citroën Jumper. 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. You have to contact the customer relations of your country. [42] Carlos Tavares became CEO in 2014. All of this investment caused serious financial problems for the entire PSA group; PSA lost money from 1980 to 1985. [27][28], 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.[29]. 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. [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. [43], PSA is actively committed to developing its market presence and sales in many fast growing developing countries and regions of the world. The alliance was intended to enable $2 billion per year of cost savings through platform sharing, common purchasing and other economies of scale. In the United Kingdom, Peugeot Motor Company PLC is a wholly owned United Kingdom subsidiary of PSA Peugeot Citroën that operates the Peugeot UK, Citroën UK, and DS Automobile brands. ny 508 sw hybrid. If you wish to receive Peugeot news and information, you must agree to Peugeot storing your data, If you wish to receive the Peugeot Newsletter, you must agree to Peugeot storing your data. 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. 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. On 31 October 2019, Groupe PSA announced intent to merge with Fiat Chrysler Automobiles. In 2008, the company investigated the option to buy Mitsubishi Motors but a deal could not be concluded and was called off in 2010. The new PEUGEOT 308 GT and PEUGEOT 508 are perfect examples of the Brand's upmarket shift and technological ... Are you a journalist? 1. 2004-801, we inform you that replying to questions is optional and intended exclusively for PEUGEOT Automobiles and its commercial network.
luk; personbiler; modeller. 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. 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. Pursuant to the conditions provided for under Chapter 5 of the aforementioned Act, you are entitled to receive this information, to request modification or to remove your personal data by writing to PEUGEOT Automobiles - DMCS/DIG - 75, avenue de la Grande Armée, 75116 PARIS, FRANCE. 115 rue du 11 Novembre 92000 NANTERRE; Voir le numéro 0141195100 Consulter les horaires Lundi:08:00-12:00 13:30-19:00 The merger would be on a 50-50 all stock basis. [8][9] Peugeot is the largest PSA brand. [25] 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.

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