Deliver Your News to the World

In 2018, Groupe PSA contributed nearly €5 billion to France’s trade balance

-Nearly €5 billion automobile trade surplus
-Surplus of 362,000 vehicles exported
-14 Peugeot, Citroën and DS vehicles earn “Guaranteed French Origin” label


Groupe PSA is a key contributor to France’s trade balance in 2018, with a surplus of €4.9 billion[sup][1][/sup].

The five vehicle assembly plants produced 1.2 million vehicles, an increase of 6.4% on 2017, representing close to one-third of the Group’s worldwide vehicle production. The level of domestic output exceeds the commitments made under the New Momentum for Growth agreement, signed in July 2016 by five out of six French trade unions, representing 80% of employees.

Due to the Group’s strong manufacturing presence in France, 14 Peugeot, Citroën and DS vehicles[2] were awarded the “Guaranteed French Origin” label by the not-for-profit organization Pro France.

Carlos Tavares, Chairman of the Managing Board of Groupe PSA, stated: “The Group strong and regular contribution to France’s economic activity is a source of great pride for our Group and for the 68,000 employees working in the country. It is the result of Group manufacturing French sites’ competitivity, which will be a key asset to face the challenges of the energy transition.”


[1] New vehicles, CKD units and spare parts.

[2] Peugeot 5008, Citroën E-MEHARI,  C5 Aircross  produced in Rennes (Ille-et-Vilaine)

Peugeot 208 GTI, DS 3 produced in Poissy (Yvelines)

Peugeot 508, 2008, and DS 7 Crossback produced in Mulhouse (Haut-Rhin)

Peugeot 308, Peugeot 3008 produced in Sochaux (Doubs)

Peugeot Expert and Traveller, and Citroën Jumpy and SpaceTourer produced at Hordain (Nord)

( Press Release Image: )


This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.