PSA Peugeot Citroën Generated a €4.5 Billion Trade Surplus for France in 2013
12 Februar 2014 - 4:45PM
Business Wire
Regulatory News:
Thanks to its solid manufacturing base in France, PSA Peugeot
Citroën (Paris:UG) contributed a positive €4.5 billion to the
country’s trade balance in 2013.
The Group exported 579,000 vehicles from its French plants and
imported 262,000, for a trade surplus of 317,000 vehicles.*New
vehicles, CKD units and replacement parts
Solid manufacturing roots strengthened by the new social
contractThe French automobile industry accounts for almost 1
out of 10 jobs in France, either directly or indirectly. With
nearly 100,000 employees in its 5 automobile assembly plants and 11
mechanical component facilities and foundries, PSA Peugeot Citroën
is France’s leading manufacturing employer and the engine that
drives the country’s automobile industry.
To maintain its robust production base in France, PSA Peugeot
Citroën has pledged, through its new social contract, to:
- Produce one million vehicles in France
in 2016.
- Launch, as announced, the production of
at least one new model in each of its French assembly plants by
2016.
- Invest €1.5 billion in France over
the 2014-2016 period.
- Carry out more than 75% of its R&D
volume in France by 2016.
Moreover, as France’s number one patent filer* for the past six
years, PSA Peugeot Citroën remains the leader in innovative
automotive technology.*Source: INPI
When announcing these figures, Philippe Varin, Chairman of the
Managing Board, said: “PSA Peugeot Citroën has been a major force
in French industry for 200 years and is part and parcel of the
country’s heritage. Our roots in France are key to the success of
the company, the automobile industry and, more generally, the
French economy. Making France more competitive in the international
marketplace represents an incredible opportunity for us to work
together with the goal of developing our manufacturing
expertise.”
Communications Department - 75 avenue de la
Grande Armée - 75116 ParisTelephone (33 1) 40 66 42 00 -
www.psa-peugeot-citroen.com
PSA Peugeot CitroënMedia Relations, +33 (0) 1 40 66 42
00orInvestor Relations, +33 (0) 1 40 66 42 59
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