Groupe PSA Starts up Production of the Citroen Jumpy and Peugeot Expert LCVs in Russia
27 November 2017 - 9:13AM
Business Wire
- New generation of Peugeot Expert and
Citroen Jumpy models will join the line-up of cars produced at the
Kaluga plant by Groupe PSA from first-quarter 2018
- 50% localisation rate to leverage
Russian supplier network
- First steps in Groupe PSA’s rebound
strategy in the region in line with Push to Pass
commitments
Regulatory News:
Groupe PSA (Paris:UG) will start up production of the Peugeot
Expert and Citroen Jumpy at the PCMA Rus plant in Kaluga from the
first quarter of 2018.
This decision, in line with the Group’s Push to Pass strategic
plan, illustrates Groupe PSA’s objective to offer competitive
vehicles to Russian customers, based on highly efficient local
production processes and deep localisation, with the strong
involvement of Russian suppliers. This is part of the Group’s LCV
strategy to triple sales volumes outside Europe to xx and double
global profit by 2021.
The level of localisation is expected to represent 50% for the
Peugeot Expert and Citroen Jumpy, compared with 35% for the Citroen
C4 and Peugeot 408. It results from enhanced cooperation with local
suppliers.
These two commercial vans will join the line-up of passenger
cars specially produced for Russia in Kaluga by Groupe PSA, along
with the Citroen C4, and the new Peugeot 408, which are among the
best-selling models in Russia – representing about 40% of Groupe
PSA sales in Russia.
"Enlargement of the range is now key for the Peugeot and Citroën
brands to rebound on the Russian market. Our commercial offensive
across the region also aims at meeting the needs of SMEs boosted by
the economic recovery, with medium-sized vans and their passenger
vehicle versions Citroën Space Tour and Peugeot Traveller to follow
in a few months." - commented Christophe Bergerand, Executive Vice
President of Groupe PSA, Chief Executive Officer for Russia and the
Eurasia Region, and President of OOO PCMA Rus.
"Groupe PSA has nearly finished the technological preparations
for production of light commercial vehicles, with the full cycle of
manufacturing at the factory in Kaluga. As we know, the company has
always had strong positions in Europe’s LCV segment, so we think
that the production of new automobiles will be successful. It
explains Groupe PSA’s plans to increase the proportion of local
production in Russia and to begin the next phase, when new vehicles
will be produced locally", - said the governor of the Kaluga
region, Anatoly Artamonov.
PCMA Rus facilityPCMA Rus is based in the Kaluga region,
180 km from Moscow. Operational since 2010, the facility has been
producing vehicles since 2012, covering the full cycle of
manufacturing from welding and painting to final assembly. The
facility has two production lines: one for Groupe PSA saloons and
another for Mitsubishi SUVs. Applied equipment and technologies
fully comply with the international quality, environmental and
technological standards of the parent companies.
About Groupe PSAThe Groupe PSA designs unique automotive
experiences and delivers mobility solutions to meet all client
expectations. The Group has five car brands, Peugeot, Citroën, DS,
Opel and Vauxhall, as well as a wide array of mobility and smart
services under its Free2Move brand, aiming to become a great
carmaker and the preferred mobility provider. It is an early
innovator in the field of autonomous and connected cars. 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: medialibrary.groupe-psa.com / @GroupePSA
Communications Division - www.groupe-psa.com/en
- +33 1 40 66 42 00 - @GroupePSA
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version on businesswire.com: http://www.businesswire.com/news/home/20171127005322/en/
Groupe PSALilia Mokroussova,
+79160290026/+74959373134lilia.mokroussova@mpsa.com
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