PSA Group Will Assemble the New Peugeot Expert and Citroën Jumpy in Uruguay for the Latin American Market
15 März 2017 - 2:30PM
Business Wire
- PSA Group and its partners, EASA and
Nordex, have signed an assembly contract, that will allow the Group
to step up its offensive in light commercial vehicles (LCV) in
Latin America.
- Assembly will begin in the
2nd half of 2017 on the Nordex industrial site in
Montevideo (Uruguay).
- With a capacity of 6,000 vehicles
per year, production will be mainly destined for the Brazilian and
Argentinian markets.
- PSA Group aims to double light
commercial vehicle sales in the region to reach 60,000 units by
2021.
Regulatory News:
Leader in the commercial vehicle market in Europe with 21.3%
market share at end February 2017, PSA Group (Paris:UG) is
currently rolling out its LCV sales offering in Latin America.
The Group will launch 16 new models in the region by 2021,
including several commercial vehicles, such as the new Peugeot
Expert and Citroën Jumpy. The very promising LCV segment in these
markets - with a potential of one million vehicles per year -
represents an opportunity to boost the Group's growth in Latin
America.
In 2016, PSA Group implemented a regional structure dedicated to
the LCV segment to offer competitive products adapted to uses as
well as high quality services for our professional customers, both
during and after the sale. By assembling vehicles in Uruguay, close
to our target markets, we will be able to propose a new competitive
offering to our customers.
Carlos Tavares declared: “PSA Group has achieved an impressive
recovery in the region over the last few years and this partnership
fits into the Core Model Strategy of the Push to Pass Plan. It
illustrates the relevant business model that the Group has
developed in Latin America for profitable growth.”
EASA comprises the Afsa and Oversil companies, respectively
brand importers for Peugeot (since 1950) and Citroën (since 1964)
in Uruguay. Nordex has a long tradition of vehicle manufacturing in
Uruguay, notably for PSA Group.
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 has three car brands, Peugeot, Citroën and DS,
as well as a wide array of mobility and smart services under its
Free2Move brand, to meet the evolving needs and expectations of
automobile users. The automobile manufacturer PSA is the European
leader in terms of CO2 emissions, with average emissions of
102.4 grams per kilometre in 2016, and an early innovator in
the field of autonomous and connected cars, with 2.3 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.
Media library: https://medialibrary.groupe-psa.com/ / Twitter:
@GroupePSA
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version on businesswire.com: http://www.businesswire.com/news/home/20170315005768/en/
PSA GroupMedia
Contact:Alain Le Gouguec, +33 1 40 66 58
54alain.legouguec@mpsa.com
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