Inauguration of the electrified powertrain1assembly line, which equips Groupe PSA’s all-electric models. Designed for flexibility, the new line will have a production capacity of 120,000 units ...

Before closing, FCA will distribute to its shareholders a special dividend of €5.5 billion while Groupe PSA will distribute to its shareholders its 46% stake in Faurecia.

Groupe PSA renewed its range of compact vans in 2016 and of B-LCV in 2018 and has consolidated its leading position in Europe in every sub-segments, grasping almost 1 out of 4 LCV customers.

PSA Groupe grew substantially when it purchased the brands in 2017 from GM. GM saw them as money-losing operations, but in PSA’s hands, the brands have flourished.

PSA Groupe, whose company roots spring from bicycle manufacturing, has brands beyond Peugeot – Citroen, Opel, Vauxhall and the luxury DS Automobiles, none of which are sold in the United States.

Kerstin Lau – Communications Manager + 49 171 69 22 120 - Kerstincynthia.lau@segulagrp.com Groupe PSA : Pierre-Olivier Salmon – +33 6 76 86 45 48 – pierreolivier.salmon@mpsa.com Source ...

Stellantis just appointed Gilles Vidal as its new European Design Chief. Discover why this move is crucial for the future ...

PSA operates brands probably more familiar to European drivers than those in the US: Peugeot, Citroen, DS, Vauxhall and Opel. Stellantis will only be used as a group name -- it won't be used as an ...

So far, the acquisition has helped Groupe PSA boost revenue by 40.1 percent in 2018 to €38.595 billion. Operating profit is on an upward spiral as well, up by 48.1 percent to €3.017 billion.

What Groupe PSA aims to achieve with this investment is for the Sochaux site to handle the production of six different models. Production capacity of the French assembly complex, meanwhile, will ...

When PSA acquired General Motors Co.'s European brands in 2017, Opel and Vauxhall were profitable again in 18 months after having lost money for decades. That effort did include 9,000 early ...

Groupe PSA and Fiat Chrysler Automobiles have officially signed a joint 50-50 merger agreement, creating the fourth largest automaker in the world by volume.