A New Vehicle to Roll off the Production Line at the PSA Plant in Rennes
20 Juni 2016 - 4:28PM
Business Wire
- Production of the new market-winning
Citroën vehicle was initially set to be assigned to a plant outside
Europe
- The final decision was made possible
by the stakeholders' commitment to work together to secure the
plant's future
- €100 million will be invested to
increase output in Rennes by 60% by 2018
Regulatory News:
PSA (Paris:UG):
As part of the product offensive included in the Push to Pass
plan, which includes 34 new models, the Rennes plant will start
manufacturing a new market-winning vehicle for Citroën by 2018. The
C84 project is part of a dynamic product strategy that will see
four new models launched by the brand in less than 18 months.
Based on the EMP2 platform, the new crossover will be
manufactured alongside the future Peugeot 5008 and the Citroën
E-Mehari.
With these three models, output at the plant will ultimately
reach 100,000 vehicles per year compared with 60,000 currently.
The Rennes plant was chosen after a study carried out by PSA
Group over several months, reflecting the performance measures
taken by the plant and the commitments made to upgrade
operations.
The plant upgrade plan puts forward several ground-breaking
solutions, with the introduction of modern, agile manufacturing
processes. Work will begin in early 2017 and is scheduled to be
completed in 2018. The upgrade represents a €100 million
investment, which will also benefit other automotive industry
players in Brittany.
The decision to manufacture the new vehicle in Rennes was made
possible by the commitment of the entire workforce and the shared
drive by management and the signatory trade unions to come together
to secure the plant's future.
On 29 April, an agreement called the "Contract for the Future of
Rennes" was signed at the plant, with the support of five of the
Group’s six trade unions (CFDT, CFE/CGC, CFTC, FO and SIA/GSEA),
representing more than 80% of employees. The decision to
manufacture the new vehicle in Rennes was subject to this
agreement, which will come into force on
1 January 2017.
Commenting on the announcement, Carlos Tavares, Chairman of the
Managing Board of PSA Group, said: "The decision to manufacture
this new vehicle in Rennes shows that, when stakeholders are
committed to working together to secure the future of a
manufacturing plant, they can create the performance conditions
necessary in a continuous efficiency improvement process."
About PSA GroupWith its three world-renowned brands,
Peugeot, Citroën and DS, the PSA Group sold 3 million vehicles
worldwide in 2015. Second largest carmaker in Europe, the PSA Group
recorded sales and revenue of €54 billion in 2015. The Group
confirms its position of European leader in terms of CO2 emissions,
with an average of 104.4 grams of CO2/km in 2015. With a fleet of
1.8 million connected vehicles on the road worldwide, the
Group is on the cutting edge of innovation in this field, and is
expanding its services as a mobility provider. It is also involved
in financing activities (Banque PSA Finance) and automotive
equipment (Faurecia). For more information, please visit
groupe-psa.com/en
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