Clarification of PSA GROUP
14 Februar 2017 - 1:46PM
Business Wire
Regulatory News:
Since 2012, General Motors and PSA Group (Paris:UG) have been
implementing an Alliance covering, to date, three projects in
Europe and generating substantial synergies for the two groups.
Within this framework, General Motors and PSA Group regularly
examine additional expansion and cooperation possibilities, as
well. PSA Group confirms that, together with General Motors, it is
exploring numerous strategic initiatives aiming at improving its
profitability and operational efficiency, including a potential
acquisition of Opel.
There can be no assurance that an agreement will be reached.
Pursuant to the commission implementing regulation (EU)
2016/1055 of 29 June 2016 laying down implementing technical
standards with regard to the technical means for appropriate public
disclosure of inside information and for delaying the public
disclosure of inside information in accordance with Regulation (EU)
No 596/2014 of the European Parliament and of the Council, this
press release may contain inside information and has been sent to
the authorized broadcaster of PSA on 14 February 2017 at 13:20
CET.
About PSA Group
With sales and revenue of €54 billion in 2015, the PSA
Group designs unique automotive experiences and delivers mobility
solutions that provide freedom and enjoyment to customers around
the world. The Group leverages the models from its three brands,
Peugeot, Citroën and DS, as well as a wide array of mobility and
smart services from its Free2Move brand, to meet the evolving needs
and expectations of automobile users. PSA Group is the European
leader in terms of CO2 emissions, with average emissions of
102.4 grams of CO2 per kilometer in 2016, and an early
innovator in the field of autonomous and connected cars, with
1.8 million such vehicles worldwide. It is also involved in
financing activities through Banque PSA Finance and in automotive
equipment via Faurecia. Find out more at groupe-psa.com/en.
New media library :
https://medialibrary.groupe-psa.com/
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version on businesswire.com: http://www.businesswire.com/news/home/20170214005777/en/
PSA GroupCommunications Division+33 1 40 66 42
00www.groupe-psa.com/en@GroupePSAorMedia Contact: (+33) 1 40 66 42
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