PSA Peugeot Citroën: Reminder: French Production Commitments in the New Social Contract
22 Mai 2014 - 5:42PM
Business Wire
Regulatory News:
PSA Peugeot Citroen (Paris:UG) undertook firm commitments as
part of the new social contract that it signed with its Trade
unions. These commitments included the production of 1 million cars
per year in France from 2016 and the announcement at least one new
model for each of its French production plants during the period of
the social contract.
At the same time the Group indicated very clearly that the
production of B mainstream segment vehicles in France was no longer
possible to achieve profitably and that in the future the French
production plants would specialize in the manufacturing of C and D
segment vehicles and high end B segment models. The production of B
mainstream vehicles outside France has no impact on the commitments
the company made and consequently there is no uncertainty or
question over the future of the Poissy plant.
With regards to the Citroën C3 its replacement is not on the
agenda and we do not comment our product plan in advance.
About PSA Peugeot Citroën
With its three world-renowned brands, Peugeot, Citroën and DS,
PSA Peugeot Citroën sold 2.8 million vehicles worldwide in 2013, of
which 42% outside Europe. The second largest carmaker in Europe,
PSA Peugeot Citroën recorded sales and revenue of €54 billion in
2013. The Group confirms its position of European leader in terms
of CO2 emissions, with an average of 115.9 grams of CO2/km in
2013. PSA Peugeot Citroën has sales operations in 160 countries. It
is also involved in financing activities (Banque PSA Finance) and
automotive equipment (Faurecia).
For more information, please visit
www.psa-peugeot-citroen.com
Communications Department, Media relations : 75
av. de la Grande Armée - 75116 ParisTelephone (33 1) 40 66 42 00 -
www.psa-peugeot-citroen.com
Media:+33 1 40 66 42 00
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