Cookie Consent by Free Privacy Policy website In 2018, Groupe PSA contributed nearly €5 billion to France’s trade balance
february 21, 2019 - PSA

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

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

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 #groupepsa, 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.”


Related news

march 27, 2024
march 13, 2024
march 01, 2024

On Saturday March 30, the city of Tokyo hosts the ABB FIA Formula E World Championship for the first time since the series was cre...

DS Automobiles and its partner PENSKE AUTOSPORT is ready to contest the Sao Paulo E-Prix on March 16Having accumulated a solid poi...

After the C5 Aircross in late 2023, Citroën introduces the C4 and C4 X Hybrid 136 equipped with the new 48V Hybrid technology.The ...

You might be interested in

february 20, 2024
february 20, 2024
february 05, 2024

Yohan Rossel has established himself as a frontrunner in perhaps the most competitive class in rallying, WRC2. Driving the Citroën...

In 2024, DS Automobiles is becoming the first manufacturer in the world to include ChatGPT as standard on its models fitted with D...

For nearly 100 years, Citroën has been supporting all professionals with a range of robust, innovative commercial vehicles tailore...