The PSA Group Was the First Automobile Manufacturer to Contribute to the Balance of Trade of France in 2016 with Nearly €5 ...
15 Februar 2017 - 1:50PM
Business Wire
- Surplus of 328,000 vehicles
exported
- €4.816 billion of automobile trade
surplus
Regulatory News:
In 2016, the PSA Group (Paris:UG) was the first automobile
manufacturer and the second contributor, over all business
segments, in terms of contribution to the trade balance of France,
by generating a surplus of €4.816 billion*.
Industry wide, the PSA Group is the first automobile
manufacturer with more than one million vehicles and 80% of its
engines and gear boxes manufactured on the French territory in
2016. French production of the PSA Group increased by 1.3% compared
to 2015, representing more than one-third of its world
production.
The five vehicle production plants and the eleven component
manufacturing plants employ 39270 persons in France, nearly 70% of
the Company's workforce worldwide.
Due to its major industrial presence in France, 17 vehicles of
Peugeot, Citroën and DS brands are labelled "Guaranteed French
Origin" by the Pro France Association.
With engineering expertise based in 4 sites in France, the PSA
Group has been the top patent applicant in France for eight
years.
The Company will abide with its commitments made as part of the
NEC ("New Start for Growth") agreement signed by five out of six
trade union organisations, representing 80% of the Company's
employees. The NEC specifies one million vehicles manufactured and
recruitment of 1,000 permanent employees over the lifetime of the
agreement as well as the inclusion of 2,000 young people, through a
new "Intergenerational Contract" to prepare for the future.
"In the name of all employees of the PSA Group, I am proud that
we are again the automobile manufacturer that contributes the most
to the trade balance of France. The continuous improvement of our
competitiveness is in the service of the industry and economy of
France" declared Carlos Tavares, Chairman of the Managing Board of
the PSA Group.
*New vehicles, spare parts and replacement parts
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. The french automobile
manufacturer PSA is the European leader in terms of CO2 emissions,
with average emissions of 102.4 grams of CO2 per
kilometre 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/
Communications Division - www.groupe-psa.com -
+33 1 40 66 42 00 - @GroupePSA
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version on businesswire.com: http://www.businesswire.com/news/home/20170215005580/en/
PSA GroupMedia Contact: (+33) 1 40 66 42 00
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