Regulatory News:

In order to continuously improve fuel economy information in the interest of customers, PSA Peugeot Citroën (Paris:UG) and the NGO Transport & Environment have agreed to work together to measure and publicize real-world fuel economy figures as a first step by spring 2016, and pollutant levels including nitrogen oxides (NOx) as a second step with Euro 6.2 passenger vehicles by spring 2017.

The procedure will measure real-world fuel economy for each of PSA’s main passenger vehicle models with tests on open public roads near Paris in real driving conditions, with segments to include urban, extra-urban and highway driving.The procedure will be included in PSA’s Quality processes. The process, its correct execution and the tests results' measurement will be audited and validated by an internationally recognized independent third party. Discussions are underway with Bureau Veritas concerning the execution of this program.

Carlos Tavares, Chairman of the Managing Board of PSA Peugeot Citroën, said: "This innovative initiative is a clear demonstration that a carmaker and independent NGOs can reach agreement for the benefit of customer information. This will also highlight the advanced technologies that PSA Peugeot Citroën is developing to contribute to fuel efficiency.”

Jos Dings, Director at T&E, said: “Real world measurements of CO2 emissions and fuel economy will help drivers choose the most efficient models benefiting consumers, public health and the environment. We are confident that the work we plan to undertake with PSA can generate transparent robust results that everyone can rely on.”

About PSA Peugeot Citroën

With its three world-renowned brands, Peugeot, Citroën and DS, PSA Peugeot Citroën sold 3 million vehicles worldwide in 2014.The second largest carmaker in Europe, PSA Peugeot Citroën recorded sales and revenue of €54 billion in 2014. The Group confirms its position of European leader in terms of CO2 emissions, with an average of 110.3 grams of CO2/km in 2014. 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

About Transport & Environment

Transport & Environment is the only EU-level environmental organisation specialising in delivering a sustainable transport policy. T&E’s clean vehicles policy aims to drive the development of vehicles, the use and manufacturing of which has a sustainable environmental footprint and negligible health effects.

Direction de la Communication - 75 avenue de la Grande-Armée - 75116 Paris+33 1 40 66 42 00 – psa-peugeot-citroen.com – @PSA_news

PSA Peugeot CitroënPSA press contact: +33 1 40 66 42 00Transport & Environment press contact : +32 (0)2 851 02 07

United Guardian (NASDAQ:UG)
Historical Stock Chart
Von Jun 2024 bis Jul 2024 Click Here for more United Guardian Charts.
United Guardian (NASDAQ:UG)
Historical Stock Chart
Von Jul 2023 bis Jul 2024 Click Here for more United Guardian Charts.