PSA Group will offer full-electric versions of its Peugeot Boxer and Citroen Jumper medium vans as it completes plans to electrify its range of light-commercial vehicles.
The new Peugeot Training Center in Vysocany, Prague, hosted the national press release of 5008 model this week. Country manager Olivier Parry talked about the business plans.
PSA Group plans to open a factory in Tunisia as part of its efforts to boost sales in North Africa. The factory will start building a pickup in mid-2018 to meet demand in the Tunisian market, PSA said in a statement.
France’s Peugeot family is ready to consider raising its stake in PSA Group, the carmaker it controlled until a government-backed bailout in 2014, former chairman Thierry Peugeot said.
Peugeot is already 32 years a sponsor of the French Open tennis tournament. This year, the brand makes available more than 200 of its vehicles for the transportation of players, VIPs, organizers and the public.
PSA sold Czech distribution of brands Peugeot, Citroën and DS in the Czech Republic to Emil Frey. The both sides signed the agreement on Friday, April 8.
PSA/Peugeot-Citroen tripled its profit target with a program to roll out 26 new cars, eight commercial vehicles and a pickup truck as the French automaker seeks to solidify its recovery after a bailout two years ago.
Toyota and PSA/Peugeot-Citroen’s joint factory in the Czech Republic increased production by 8 percent to 219,054 vehicles in 2015, the company which operates the joint venture said.
PSA/Peugeot-Citroen must urgently improve its position in Germany, where it lags peers because it is failing to convince customers of the value and attractiveness of its cars, CEO Carlos Tavares told a German magazine.
The Peugeot family plans to hold a meeting in June to work out its differences over the future of its 14.1 percent stake in PSA/Peugeot-Citroen, Les Echos newspaper reported today.
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