PSA wholly owns Banque PSA Finance which provides financial services, and 98.67% of GIE PSA Tresorerie which was founded in 1990 as a treasury and cash management services division. [35], Tavares announced that he wants Opel to keep its German brand identity and to embrace it, and that he would leverage Opel's pedigree of German engineering and Motorsport and use the company's heritage to reach markets and customers that may not consider a French car due to perceived reliability issues. [26], In July 2012, a union official said that PSA Peugeot Citroën would cut as much as 10 percent (8,000-10,000) of its French workforce of 100,356 employees on permanent and temporary contract. [20] The name Stellantis is derived from the Latin verb "stello" which means "to brighten with stars". If you wish to receive Peugeot news and information, you must agree to Peugeot storing your data, If you wish to receive the Peugeot Newsletter, you must agree to Peugeot storing your data. [62], In 2002, the joint venture with Toyota Motor Corporation for the development and manufacturing of a series of city cars in a new factory in the Czech Republic was signed. Cycles Peugeot produced bicycles from 1882 until 2005. As a result of this, two factories have been built assembling three ranges of vehicles, Sevel Nord and Sevel Sud.
Peugeot is the largest PSA brand. It provides various components to Peugeot, Citroën, DS and significant interior and exterior parts to companies such as Audi, BMW and Mercedes-Benz. [67] One outcome of the talks resulted in the Mitsubishi Outlander and Mitsubishi i-MiEV to be sold as Peugeot and Citroën in Europe. [45] It announced plans to invest €650 million in a manufacturing plant in Sanand, India. The joint venture with the Chinese company Dongfeng Motor Corporation (later Dongfeng Motor Group) was established in 1992 and produces the Citroën C-Triomphe, 207, 307 and 408 models at factories in Wuhan and Xiangyang. 108 5 dørs. [citation needed] PSA plans to continue using some of Opel's existing platforms and models, many of which are shared with GM, at least for a few years until the entire model range is updated and will only feature PSA platforms. In 2014, Dongfeng Motor Group, the Chinese partner that builds PSA cars in China, and the French government each took a 13% stake in PSA, in a financial rescue operation, reducing the Peugeot family share from 25% to 14%.[30]. PSA also sell their engines, gearboxes and other parts to small independent manufacturers such as DeLaChapelle and PGO.
The head office is now based in Nuneaton, UK, with all parts distributed from a warehouse in Luton, UK. I agree that my data is stored in the database*Required fields, I agree that my data is stored in the database, A great success for PEUGEOT's 3 world premieres at the Paris Motor Show, 2018 Paris Motor Show : PEUGEOT Showcases Three World Premières, SUV Offensive and Three World Premieres : PEUGEOT at the 2016 Paris Motor Show. [citation needed], On 14 February 2017 PSA announced that it was in talks to acquire Opel and Vauxhall Motors from General Motors.

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